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    Tonya Rawe, CARE
    Mauricio Voivodic, Imaflora
    Dr. Bryan Foster, Ecologic Dr. Chris Tuite, Conservation International Dr. Sarah Otterstrom, Paso Pacifico Gabriel Ribenboim, Amazonas Sustainable Foundation
    Initial expectations of this research were: Deforestation is increasing over a historical baseline; The US voluntary carbon market is the driving force for REDD markets and there are at least 15 REDD projects under development; Page 3 of 66
    A compliance market in the US will allow for REDD and create immense funding opportunities; Both the Senate and House of Representatives' most recent, pending legislation will specifically highlight REDD; Current, voluntary REDD projects are being implemented in countries with: stable governmental institutions, the highest rates of deforestation and signigicant biomass; Private investors are willing to commit significant sums of money - totaling over US$10 billion dollars per year - only if the US develops a compliance market.
    The Problem of Deforestation

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