The document discusses the emergence and development of REDD (Reducing Emissions from Deforestation and Forest Degradation) approaches within the UNFCCC. It notes that REDD was first proposed in 2005 and was further developed through COP13 in 2007 to recognize the needs of local communities and include degradation as well as deforestation. Key issues discussed include the importance of governance, effective targets based on country circumstances, capacity building, and addressing the drivers of deforestation beyond just financial incentives.