Implementing REDD+ at the national and local levels requires improving understanding of the issue and increasing capacity (technical, human and financial) for implementation. Inadequate means of implementation remains a grey area for effective sustainable management of forests (SMF), particularly in developing countries. This report argues that India has played a key role in framing the modalities of REDD+ in international climate change negotiations. The resources generated from REDD+ will not only help strengthen implementation of existing forest policies and programmes in India, but also contribute towards community development, biodiversity conservation and enhancing provision of ecosystem services. The report concludes that the current levels of available assistance are insufficient for meeting SFM requirements and REDD+ objectives. Therefore, adequate funding should be made available under the existing financial mechanism to support all activities that are eligible under REDD+.