time, the REDD+ project also needs the
help of middlemen to find buyers for its
credits. This is always the case in those
rare situations where a community itself
runs the REDD+ project. All of these
preparations do not only use a jargon
language but they also cost money. And
they are not cheap. They add up to what is
called the ‘overhead costs’ or ‘transaction
costs’ of REDD+ projects. These vary from
case to case but typically, they are 20-50%
of the offset project budget.