Private Sector

<p>"A&nbsp;project-level&nbsp;approach,&nbsp;best&nbsp;suited&nbsp;to&nbsp;attract&nbsp;private&nbsp;sector&nbsp;buyers, </p><p>could&nbsp;mobilize&nbsp;large&nbsp;amounts&nbsp;of&nbsp;carbon&nbsp;finance&nbsp;and&nbsp;a&nbsp;more&nbsp;flexible,&nbsp;decentralized </p><p>system.&nbsp;If&nbsp;implemented&nbsp;in&nbsp;the&nbsp;context&nbsp;of&nbsp;adequate&nbsp;national&nbsp;and&nbsp;sub-national </p><p>institutions&nbsp;and&nbsp;procedures&nbsp;to&nbsp;deal&nbsp;with&nbsp;baseline&nbsp;setting,&nbsp;monitoring,&nbsp;leakage,&nbsp;and </p><p>permanence&nbsp;of&nbsp;emission&nbsp;reductions,&nbsp;crediting&nbsp;project-level&nbsp;activities&nbsp;financed&nbsp;by&nbsp;the </p><p>private&nbsp;sector&nbsp;could&nbsp;embed&nbsp;REDD&nbsp;in&nbsp;the&nbsp;development&nbsp;path&nbsp;of&nbsp;a&nbsp;number&nbsp;of&nbsp;countries </p><p>faced&nbsp;with&nbsp;significant&nbsp;deforestation&nbsp;and&nbsp;forest&nbsp;degradation."&nbsp;---&nbsp;ICF&nbsp;Report </p>