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Economics of Climate Change: The Contribution of Forestry Projects
The Kyoto Protocol is expected to give lead to the creation of an international market for greenhouse gas emission credits having an estimated volume of several tens of billions of dollars. The extent to which forestry projects will be accepted in this market is a matter of current discussion and controversy. In its evaluation of the contribution of forestry projects to climate change mitigation, this book draws together a number of relevant aspects, including the stability of international agreements, causes and consequences of deforestation, and the CO2 effect of forestry projects. This wide perspective gives an appreciation of often unappreciated problems and opportunities associated with forestry projects in the context of climate change. The book includes case studies of two forestry projects which provide an introduction to such concepts as baseline, additionality, and leakage - concepts that are commonly used to assess greenhouse gas mitigation projects. Readership: The environmental policy community, environmental NGOs, scientists and business seeking to benefit from the CO2 market, as well as the general public.
Science and Business of Forestry Carbon Projects
Science and Business of Carbon Forestry is a comprehensive guide on biodiversity, conservation and development, and regulation-related issues relevant to forests. It gives detailed guidance on the development, marketing, and financials related to projects in the forestry sector, with a focus on addressing problems related to climate change and forestry. Drawing on a wealth of information from studies across the globe, this book has been authored by a multi-sectoral team of practitioners, academics, economists, and other social/technical experts experienced in carbon markets, climate protection, forestry, project development, and environmental law. The book will serve the needs of various departments and agencies of relevant forest, agriculture, and horticulture departments, and related governmental organizations and non-governmental organizations.
Rural Development Through Carbon Finance
In a timely contribution to the international discussion of the post-Kyoto climate regime this study hypothesizes that Clean Development Mechanism (CDM) projects in the land use and forestry sector are an efficient instrument for climate change mitigation that contributes to rural development and poverty alleviation at the same time. To this end, the study analyzes socio-economic aspects of a forestry project established under the CDM rules considering an East African case study exemplarily. An agricultural household survey in Tanzania delivered the empirical data for the structural equation model at the center of the analysis. Looking at different farm assets it is shown that the benefits of land use-related climate projects go way beyond pure mitigation. They also have a positive impact on a very broad asset base on which poor farm households depend. Hence, the current CDM only allowing for afforestation and reforestation projects is far too restricted to deliver on its twin objective.
Economics of Climate Change: The Contribution of Forestry Projects
Climate change is one of the major global environmental problems, one that has the potential to confront us with great costs during the decades to come. Climate change is caused by emissions of greenhouse gases (GHGs) such as carbon dioxide (CO). As z deforestation leads to CO emissions and growing forests sequester CO, forestry z z projects provide us with options to mitigate CO effects. This study analyses the z contribution Jorestry projects can make within the context of climate change. The contribution of forestry projects is here discussed on two levels. On a first level, the COz effect of individual projects is analysed. On a second level, the study asks whether the analysis of forest...
The Economics of Forestry
The economics of forestry has always fascinated me as one of the most brain-taxing cases in economics. As an investment forestry is different from many other projects as it has unusually long gestation periods. For example, in the United Kingdom it takes over 40 years to grow coniferous and over 100 years for deciduous timber. These long gestation periods make it very clear how import ant are the magnitude of the discount rate and the method of discounting in the evaluation of investment projects. Any errors in these will misguide investors in forestry one way or the other. In addition, forestry redistributes income between gener ations. Its long gestation periods make it obvious that more t...
Evaluating Carbon Offsets from Forestry and Energy Projects
Under the clean development mechanism, developing countries will be able to produce certified emissions reductions (CERs, sometimes called "offsets") through projects that reduce greenhouse gas emissions below business-as-usual levels. The challenges of setting up offset markets are considerable. Do forestry projects, as a class, have more difficulty than energy projects reducing greenhouse gas emissions in ways that are real, measurable, additional, and consistent with sustainable development?
REDD+ on the ground
REDD+ is one of the leading near-term options for global climate change mitigation. More than 300 subnational REDD+ initiatives have been launched across the tropics, responding to both the call for demonstration activities in the Bali Action Plan and the market for voluntary carbon offset credits.
Forestry in the Middle East and North Africa
Annotation This book details the World Bank assisted forestry projects implemented in the MENA region over the last ten years. It contains a definition of forests in the region and describes their current status.
