China

China propose a REDD mechanism that treats equally reducing emissions  from deforestation and forest degradation in developing countries, and the  role of conservation, sustainable management of forests and enhancement of  forest carbon stocks in developing countries. The implementation of REDD  shall promote sustainable development and poverty reduction as well as  maximise co-benefits in the forest region in developing countries.

The successful implementation of REDD in developing countries relies  on adequate, predictable and sustainable financial resources, financial  and technical support, and the provision of new and additional resources  including official and concessional funding for developing countries. China  welcomes discussions on both non-market and market-based mechanisms  related to policy approaches and positive incentives, but holds that REDD  actions should not be used to offset developed countries’ emission reduction  targets, nor to introduce mitigation commitments for developing countries.  China encourages demonstration activities at both sub-national and national  levels, so that sufficient lessons and experiences can be accumulated.