The initial decision text leaves open whether incentives to reduce deforestation would take the form of carbon credits or direct financial assistance. The Fund aims to deliver cost-effective emission reductions, while promoting biodiversity conservation and poverty alleviation. The BioCarbon Fund can consider purchasing carbon from a variety of land use and forestry projects, the portfolio includes Afforestation and Reforestation, Reducing Emissions from Deforestation and Degradation and is exploring innovative approaches to agricultural carbon.