Background Paper: REDD+ Benefit Sharing in Vietnam

Since 2009, in line with international level developments, Vietnam has taken significant steps to align its forestry sector with REDD+ and to develop the national capacity and infrastructure for this global initiative. Given recent international developments, REDD+ is becoming a key factor in supporting the ongoing development in the forestry sector. Vietnam also has 20 years of experience in providing incentives for forest users/managers to improve forest management and increase forest cover through Payment for Forests Ecosystem Services. Through this program, Vietnam has the potential to expand REDD+ benefit sharing.