The document discusses reducing emissions from deforestation and forest degradation (REDD) as a cost-effective way to mitigate climate change. REDD aims to provide payments to developing countries for reducing emissions from deforestation and could also help conserve biodiversity and support rural livelihoods. However, there are still many outstanding issues to address regarding REDD, such as avoiding leakage, establishing appropriate baselines, and integrating REDD into carbon markets or creating a separate mechanism.
This document provides a functional overview of the Compass Portfolio+ system. It describes the key components and features of the system, including order management, credit management, risk management, reporting, and accounting. It also outlines the system's coverage of financial products and currencies, portfolio hierarchy configuration, user access security, audit trail functionality, and risk management capabilities.