Voluntary REDD+ Database (VRD)
About the VRD
It is now recognised that the global average temperature rise must be limited to two degrees Celsius above pre-industrial levels. Emissions from the forestry sector must be reduced. REDD+ is a mechanism proposed under the United Nations Framework Convention on Climate Change (UNFCCC), which stands for Reducing Emissions from Deforestation and forest Degradation, 'plus' the conservation of forest carbon stocks, sustainable management of forests, and the enhancement of forest carbon stocks. The aim of REDD+ is to incentivize emissions reduction from the forest sector in developing countries.
The Voluntary REDD+ Database (VRD) was formally launched at the Ministerial Meeting of the REDD+ Partnership in Nagoya, Japan, in October 2010, building on the initial data collection effort by Australia, France and Papua New Guinea launched during the Paris-Oslo process. It aims to improve transparency around REDD+ and support efforts to identify and analyse gaps and overlaps in REDD+ financing. The VRD is a key provider of information to the global community on REDD+ financing, actions and results, providing the ability to search and summarise data that is submitted and updated throughout the year by Partner countries and stakeholder institutions.