Climate Change: Financing Global Forests

Eliasch, Johan

doi:10.4324/9781849770828

Cited by 143 publications

(166 citation statements)

References 17 publications

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“…The third objective is in opposition with most of the existing studies focusing on deforestation and its reduction in old-growth tropical forests (Bosetti et al, 2009;Eliasch, 2008;Kindermann et al 2008). Our application focus, in fact, on afforestation and forest management in temperate regions.…”

Section: Introductionmentioning

confidence: 82%

Improving Land-Use Modelling within CGE to Assess Forest-Based Mitigation Potential and Costs

Michetti

Parrado

2012

SSRN Journal

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SummaryWe present a computable general equilibrium model properly modified to analyse the potential role of the European forestry sector within climate mitigation. Improvements on database and modelling frameworks allow accounting for land heterogeneity across and within regions and for land transfers between agriculture, grazing, and forestry. The forestry sector has been modified to track carbon mitigation potential from both intensive and extensive forest margins, which have been calibrated according to a forest sectoral model. Two sets of climate policies are simulated. In a first scenario, Europe is assumed to commit unilaterally to reduce CO2 emissions by 20% and 30%, by 2020. In a second scenario, in addition to the emissions quotas, progressively higher forest sequestration subsidies are paid to European firms to foster the implementation of forestry practices. Results show that including forest carbon in the compliance strategy decreases European policy costs and carbon price, while it does not lead to significant reductions in carbon leakage. We conclude that while European forests can reinforce other mitigation measures, their contribution as a stand-alone abatement strategy results insufficient to comply with emissions reduction targets. Additionally, carbon sinks provided by European temperate forests do not offer considerable mitigation potential if compared with other forest biomes around the world. A much higher forest mitigation would require other regions to take part in a climate stabilization agreement, especially those where old-growth forests exist. Keywords AbstractWe present a computable general equilibrium model properly modified to analyse the potential role of the European forestry sector within climate mitigation. Improvements on database and modelling frameworks allow accounting for land heterogeneity across and within regions and for land transfers between agriculture, grazing, and forestry. The forestry sector has been modified to track carbon mitigation potential from both intensive and extensive forest margins, which have been calibrated according to a forest sectoral model. Two sets of climate policies are simulated. In a first scenario, Europe is assumed to commit unilaterally to reduce CO 2 emissions of 20% and 30%, by 2020. In a second scenario, in addition to the emissions quotas, progressively higher forestsequestration subsidies are paid to European firms to foster the implementation of forestry practices. Results show that including forest carbon in the compliance strategy decreases European policy costs and carbon price, while it does not lead to significant reductions in carbon leakage. We conclude that while European forests can reinforce other mitigation measures, their contribution as a stand-alone abatement strategy results insufficient to comply with emissions reduction targets. Additionally, carbon sinks provided by European temperate forests do not offer considerable mitigation potential if compared with other forest biomes around the world. A much higher forest...

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Section: Introductionmentioning

confidence: 82%

Improving Land-Use Modelling within CGE to Assess Forest-Based Mitigation Potential and Costs

Michetti

Parrado

2012

SSRN Journal

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“…Las autoridades de esta ciudad plantaron 400.000 árboles para regular el microclima, reducir la contaminación y mejorar la calidad del 2. Este dato y los que siguen han sido tomados de una fuente en inglés (Eliasch 2009) y traducidos directamente. Así 'trillones' y 'gigatoneladas' corresponden al significado en inglés de trillion y gigatonne.…”

Section: A Reducción De La Diversidad Biológica Y Cadenas De Valorunclassified

Cadenas de valor, comercio exterior y diversidad biológica

Gómez¹

2013

Apuntes

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Cadenas de valor, comercio exterior y diversidad biológica ResumenEn el Perú, gradualmente se aprecia la articulación entre mercados emergentes y cadenas de valor nacionales, vinculadas con el aprovechamiento sostenible de la diversidad biológica. En este sentido, la megadiversidad biológica y, por ende, los servicios que brindan los ecosistemas han contribuido a responder a las oportunidades que brinda el mercado internacional.En dicho contexto, este artículo tiene como objetivo analizar el aporte económico de la diversidad biológica, en particular en el desarrollo de cadenas de valor en diferentes regiones del Perú, las cuales son parte de una oferta exportable diversificada.Palabras clave: agroexportación, cadenas de valor, diversidad biológica, diversificación de productos y mercados, servicios ecosistémicos. Value Chains, Trade and Biodiversity AbstractIn Peru, the evidence shows the link between emerging markets and national value chains, articulated to the sustainable use of biodiversity. In this sense, the mega biodiversity and therefore the services provided by ecosystems have contributed to respond to the opportunities offered by the international market.

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“…For the international level of REDD+, different options to cope with the distribution of liability have been discussed (see e.g., [40]). Amongst the options are temporary carbon credits comparable to the rules for CDM A/R credits [40,41], the establishment of an independent banking mechanism in which a certain amount of verified emissions reductions from REDD+ is placed for a certain time period as a security (as a type of buffer), and the involvement of the private insurance sector [39,40]. The question of liability in REDD+ has not been discussed in depth for the national or sub-national levels.…”

Section: Liabilitymentioning

confidence: 99%

“…Thus, carbon rights legislation just like property laws or contracts must spell out who bears the burden in case responsibilities not being fulfilled, i.e., failure to generate agreed emissions reductions due to e.g., fires, pests or droughts [32]. For the international level of REDD+, different options to cope with the distribution of liability have been discussed (see e.g., [40]). Amongst the options are temporary carbon credits comparable to the rules for CDM A/R credits [40,41], the establishment of an independent banking mechanism in which a certain amount of verified emissions reductions from REDD+ is placed for a certain time period as a security (as a type of buffer), and the involvement of the private insurance sector [39,40].…”

Section: Liabilitymentioning

confidence: 99%

Taking Stock of Carbon Rights in REDD+ Candidate Countries: Concept Meets Reality

Loft

Ravikumar

Gebara

et al. 2015

Forests

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Abstract:In the discourses on who should benefit from national REDD+ implementation, rights-based approaches are prominent across various countries. Options on how to create viable property rights arrangements are currently being debated by scholars, policy makers and practitioners alike. Many REDD+ advocates argue that assigning carbon rights represents a solution to insecure individual and community property rights. But carbon rights, i.e., the OPEN ACCESSForests 2015, 6 1032 bundle of legal rights to carbon sequestered in biomass, present their own set of theoretical and practical challenges. We assess the status and approaches chosen in emerging carbon-rights legislations in five REDD+ countries based on a literature review and country expert knowledge: Peru, Brazil, Cameroon, Vietnam and Indonesia. We find that most countries assessed have not yet made final decisions as to the type of benefit sharing mechanisms they intend to implement and that there is a lack of clarity about who owns rights to carbon as a property and who is entitled to receive benefits. However, there is a trend of linking carbon rights to land rights. As such, the technical and also political challenges that land tenure clarification has faced over the past decades will still need to be addressed in the context of carbon rights.

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Climate Change: Financing Global Forests

Cited by 143 publications

References 17 publications

Improving Land-Use Modelling within CGE to Assess Forest-Based Mitigation Potential and Costs

Improving Land-Use Modelling within CGE to Assess Forest-Based Mitigation Potential and Costs

Cadenas de valor, comercio exterior y diversidad biológica

Taking Stock of Carbon Rights in REDD+ Candidate Countries: Concept Meets Reality

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