Livelihood and ecosystem benefits of carbon credits through rainforests: A case study of Hiniduma Bio-link, Sri Lanka
D.K. Lakmini Senadheera,
W.M.P.S.B. Wahala and
Shermila Weragoda
Ecosystem Services, 2019, vol. 37, issue C, -
Abstract:
There is growing acceptance that the environmental and livelihood-improvement benefits of forests extend beyond the mitigation of climate change. Forest reforestation programmes that are typically motivated only by carbon benefits also have the potential to improve livelihoods, reduce gender disparities, and provide non-carbon ecosystem benefits with appropriate targeting of land selection and involvement of local communities in governance. The Hiniduma Bio-link Project is owned and maintained by Conservation Carbon Company in Sri Lanka. Apart from the direct benefit of forest protection on decreasing carbon emissions and increasing carbon sequestration, forest projects yield indirect benefits called co-benefits that can be linked to the national agenda of the SDGs and beyond-carbon impacts of forest carbon projects that are often of equal or greater importance to buyers of emissions reductions.
Keywords: Reforestation; Payments for ecosystem services; Carbon credits; Carbon market and community forests; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoser:v:37:y:2019:i:c:21
DOI: 10.1016/j.ecoser.2019.100933
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