Policies to Reduce Emissions from Deforestation and Degradation (REDD) in Tropical Forests: An Examination of the Issues Facing the Incorporation of REDD into Market-Based Climate Policies

Erin C. Myers ()
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Erin C. Myers: Resources for the Future

RFF Working Paper Series from Resources for the Future

Abstract: Deforestation and forest degradation account for 20 percent of annual total greenhouse gas (GHG) emissions. The vast majority of these forestry emissions come from deforestation in developing countries. Currently, there is significant dialogue at the international level about how to integrate reducing emissions from deforestation and degradation (REDD) into the existing climate change regime through market-based incentives. This paper examines the issues that arise when trying to create an economically and environmentally robust market-based REDD policy. The paper begins with an overview of the role of forests in climate change, and is followed by an examination of design elements that will affect the integrity of a REDD policy, including issues of scope, monitoring, baselines, leakage, stakeholder interests, permanence and liability, and the potential impact of REDD credits on the carbon market. The paper closes with an overview of the issues facing developing countries that would host REDD activities.

Keywords: avoided deforestation; RED; REDD; reducing emissions from deforestation and degradation; climate change; market-based policy mechanisms; land use; land-use change and forestry; UNFCCC; Kyoto; emissions; CO2; GHG (search for similar items in EconPapers)
JEL-codes: Q00 Q23 Q54 Q57 (search for similar items in EconPapers)
Date: 2007-12-01
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
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Citations: View citations in EconPapers (10)

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