This feature article, published in the Environmental Science and Technology journal, uses the Cordillera Azul national park in Peru as an example to introduce mechanisms for reducing emissions from deforestation and forest degradation (REDD) that are under global discussion. 

The author discusses both the potential importance of and challenges associated with REDD projects. For example, although Cordillera Azul has been established as a national park by the Peruvian Government, funds for conserving it are still needed.

The article outlines some important milestones in progressing to an international framework for REDD, but notes that important details are yet to be resolved, such as how to ensure that beneficiaries of REDD funds deploy them effectively to protect forests.

The article suggests that active forest management is important and concludes with a brief introduction to the principle of proactive investment in natural capital (PINC) — the idea, promoted by the Global Canopy Programme, that forests should be regarded not only as a source of emissions, but rather as a public utility providing global ecosystem services that should be paid for.