This allows developing countries to make as much money conserving forest as destroying them. In addition, there are also benefits for developing countries as implemented through the UN established Reducing Emissions from Deforestation and Forest Degradation Programme, or REDD+ (McCarthy). The REDD+ allows developed countries with high carbon emissions to essentially “pay” for extra carbon storage through forest conservation efforts in developing countries (McCarthy). Industrialized countries are now recognizing that in order to increase production, which increases emissions, they must invest in the reduction of these emissions as well. As “environmentally friendly” approaches are growing extremely popular among the general public, developed countries who invest in conservation can use their incentives as propaganda to reach out to a larger consumer basis as more people want to buy from companies who help protect the environment.
Although the incentives approach seems to be a viable solution to the deforestation crisis in