three proposed functions of forests are considered here the outlook for forest carbon sinks the economic and social added value of forest carbon sinks and domestic carbon sink initiatives in japan under a nextgeneration kyoto protocol postkyoto the developing countries are encouraged to form cooperating bodies with developed countries under redd or afforestation and reforestation cdm it is thought that under the extension of the kyoto protocol article paragraph the forests of developed countries can be incorporated as domestic forest sinks in individual countries in december at cop papua new guinea and costa rica raised redd on the formal agenda as a proposal