This document proposes that Rainforest Expeditions pursue a Reducing Emissions from Deforestation and Forest Degradation (REDD) pilot project. REDD aims to reduce greenhouse gas emissions by protecting forests in developing countries. The proposal discusses how REDD pilot projects are currently funded, why Peru would be an ideal location, and potential project structures. It also addresses criticisms of REDD and outlines financial estimates and potential partners for a REDD pilot project.