With the UN climate summit's release of the Cancun Accord a little more than a week ago, assessments of the accord all hailed the deal's "compensation for the preservation of tropical forests." Does this mean that climate negotiators finally settled on a legal agreement to create REDD? Given that I was not in Cancun, unlike last year when I attended the Copenhagen summit, I'll rely on others' reporting to understand what went down. Chris Lang of REDD Monitor provides a great, detailed review of how the Cancun Accord affects REDD:
[REDD] encourages developing country Parties to contribute to mitigation actions in the forest sector by undertaking the following activities, as deemed appropriate by each Party and in accordance with their respective capabilities and national circumstances:
Actions are consistent with the conservation of natural forests and biological diversity, ensuring that actions referred to in paragraph 70 of this decision are not used for the conversion of natural forests, but are instead used to incentivize the protection and conservation of natural forests and their ecosystem services, and to enhance other social and environmental benefits; 
 Taking into account the need for sustainable livelihoods of indigenous peoples and local communities and their interdependence on forests in most countries, reflected in the United Nations Declaration on the Rights of Indigenous Peoples, as well as the International Mother Earth Day.
Lang notes that:
The principle of free, prior and informed consent is not included in the text. Instead, the [Long-Term Cooperative Action] “requests developing country Parties” to ensure the “full and effective participation of relevant stakeholders, inter alia indigenous peoples and local communities."
Neither is there any mechanism for monitoring whether safeguards are being complied with, or what the consequences of breaching the safeguards might be. Instead, in paragraph 71 (d) governments are requested to develop