Coalition for Rainforest Nations
| Abbreviation | CfRN |
|---|---|
| Formation | 2005 |
| Headquarters | Columbia University New York City, New York, US |
| Membership | 53 nations in the Americas, Africa, and Oceania |
| Website | www |
The Coalition for Rainforest Nations (CfRN) is an intergovernmental organization established by forested tropical countries to collaboratively reconcile forest stewardship with economic development. The Rainforest Coalition aims to bring together both developing and industrialized nations for the purpose of creating community-driven, environmentally sustainable growth. The primary method by which the CfRN aims to promote this growth is through a method known as Reducing Emissions from Deforestation and Forest Degradation (REDD+), which was launched after the formation of the CfRN on May 10, 2005.
The primary strategy of the Coalition is to bring about the reform of international frameworks, both legal and economic, to correct market failures that result in unsustainable outcomes. This involves creating economic incentives for the preservation of areas of high biodiversity and endemism worldwide. The Coalition supports the Forests Now Declaration by calling for changes in the Kyoto Protocol and other international carbon markets to include land use and forestry. One practice promoted by REDD+ is utilizing carbon credits to protect forested tropical countries, which is a market-based method of reducing a nation's emitted greenhouse gas emissions. Carbon credits are one of many incentives that assist the CfRN in achieving its overarching objective to reduce the total amount of greenhouse gas emissions across forested tropical countries, promoting sustainability.