REDD agreement on hold

COP15 was concluded without agreement on REDD, except recognizing the importance of avoiding deforestation, forest degradation, sustainable forest management (over conservation), enhancement of carbon sinks, and the full and effective engagement of indigenous people and local communities. Nevertheless, an agreement on $3.5 billion was initially funding for deforestation was reached by 6 industrialized countries (Australia, France, Japan, Norway, UK and USA). REDD mechanism would only be agreed after a binding reduction commitment is adopted. So far, COP15 didn't lead to any binding commitment.

As far as forest management is concerned, RIL (reduced impact logging) and liberation treatment is likely to be new logging technique under the REDD mechanism.