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Climate governance

Mobile payments for REDD+

Nature Climate Change volume 7, page 472 (2017)Cite this article

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Ecol. Econ. 139, 150–157 (2017)

Benjamin Thompson, from the National University of Singapore, discusses the importance of 'mobile money' — a payment system whereby money is transferred through cell phones, without the need for a bank account — to help implement REDD+. This approach could simplify the organizational structure, reduce transaction costs, and make the payment system quicker and more transparent. In addition, mobile money could promote female empowerment in social contexts where cultural norms make it more difficult for woman to manage money directly. The growing diffusion of cell phones subscriptions and network coverage in developing nations with relevant REDD+ programs (including China, Cambodia, Tanzania, and the Philippines) makes mobile money an increasingly viable possibility to manage REDD+ payments, boosting the diffusion of forest restoration programs.

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  1. Michele Graffeo
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Graffeo, M. Mobile payments for REDD+. Nature Clim Change 7, 472 (2017). https://doi.org/10.1038/nclimate3340

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