THE CARBON MARKET AS A CONSERVATION MECHANISM FOR THE AMAZON FOREST

Mariano Rua Lamarca Junior () and César Roberto Leite da Silva ()
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Mariano Rua Lamarca Junior: Pontifícia Universidade Católica de São Paulo (PUC-SP)
César Roberto Leite da Silva: Pontifícia Universidade Católica de São Paulo (PUC-SP)

Revista de Economia Mackenzie (REM), 2009, vol. 7, issue 1, 63-83

Abstract: This paper analyses environment subject present in public policies for Le-gal Amazonia, including the Public Forests Management Law (Law 11.284/06), approved with the purpose of regulating public forests management in Brazil and promoting sustainable development. The Kyoto Protocol Ì s Clean Devel-opment Mechanism (CDM) is suggested as a forest conservation mechanism. Through an hypothetical “zero†deforestation scenario and 100% of not emit-ted carbon linked to forest conservation projects, an economic revenue equiv-alent to the logging activities was estimated, and could be obtained in carbon market, contributing to maintenance of climatic equilibrium reducing Green-house Gases emissions, as well as keeping preserved biodiversity and environ-ment services values related to standing forest.

Keywords: Carbon market; Kyoto Protocol; Clean Development Mechanism (CDM). (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:7:1:2009:jan:apr:p:63-83

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