HFLD stands for “High Forest, Low Deforestation.” It refers to a specific type of area or jurisdiction that has high levels of forest cover and historically low rates of deforestation. In the context of carbon markets, HFLD regions are recognized for their significant role in storing carbon and maintaining biodiversity, despite not having high deforestation rates. These areas are crucial for the fight against climate change because they act as large carbon sinks, sequestering carbon dioxide from the atmosphere. However, HFLD regions often face challenges in accessing funding through traditional REDD+ (Reducing Emissions from Deforestation and Forest Degradation) mechanisms, which typically focus on areas with high deforestation rates. To address this, there have been ongoing discussions and developments around creating financial incentives and mechanisms specifically tailored for HFLD regions. These mechanisms aim to reward these regions for maintaining their forest cover and ensuring that they have the resources to continue to protect these vital areas.
HFLD
