The final the agreement reached at the Paris climate talk, the so called COP21, aims to end the fossil fuel era, committing to a common agreement to cut greenhouse gas emissions and avoiding the dangerous effects of climate change. In this spirit it was recognised the role of Forestry in the climate change mitigation.

Indeed the agreement highlights:

"55.  the importance of adequate and predictable financial resources, including for results-based payments, as appropriate, for the implementation of policy approaches and positive incentives for reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks; as well as alternative policy approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests; while reaffirming the importance of non-carbon benefits associated with such approaches; encouraging the coordination of support from, inter alia, public and private, bilateral and multilateral sources, such as the Green Climate Fund, and alternative sources in accordance with relevant decisions by the Conference of the Parties"

Article 5: Parties should take action to conserve and enhance, as appropriate, sinks and reservoirs of greenhouse gases as referred to in Article 4, paragraph 1(d), of the Convention, including forests.
2. Parties are encouraged to take action to implement and support, including through results-based payments, the existing framework as set out in related guidance and decisions already agreed under the Convention for: policy approaches and positive incentives for activities relating to reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests and enhancement of forest carbonstocks in developing countries; and alternative policy approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests, while reaffirming the importance of incentivizing, as appropriate, non-carbon benefits associated with such approaches."

Copy of the agreement is available here in English and French:

EN:http://unfccc.int/resource/docs/2015/cop21/eng/l09r01.pdf

FR:http://unfccc.int/resource/docs/2015/cop21/fre/l09r01f.pdf