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This paper synthesizes principles and concepts about how voluntary
carbon market compensation for reduced deforestation - market-based
REDD - can help cut global emissions equitably and effectively, while
contributing to development goals, protecting biodiversity and
watersheds and benefitting indigenous and rural peoples and tropical
nations. Several of these principles have also been articulated by
various governments as well as Amazonian social movements. This paper
also addresses questions that some NGOs and policy makers have raised
about how REDD would work.