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Key issues: Allocatioon of DANIDA funds, Request by Congo Basin to join UN-REDD, PB4, Query from France, COP 15 and Letter from PM Brown to UN and WB

  The OECD has just released a report on Promoting Biodiversity Co-Benefits in REDD.   Reducing Emissions from Deforestation and Degradation (REDD) in developing countries is a new financial mechanism being proposed under the UNFCCC to help mitigate climate change, and can also provide biodiversity co-benefits. This report examines REDD design elements with possible implications for biodiversity, how biodiversity co-benefits in REDD can be promoted and maximised at the implementation level, and highlights how additional biodiversity incentives can be layered with REDD to target biodiversity benefits directly.   This report builds on an OECD workshop on "Incentives to Capture the Carbon and Biodiversity Benefits for Reducing Deforestation: Linkages, Synergies and Limitations" held on March 26, 2008.