Special issue on Reducing Emissions from Deforestation and forest Degradation (REDD)
FEEM is pleased to announce the publication of the Special issue ‘Reducing Emissions from Deforestation and forest Degradation (REDD)’ edited by Valentina Bosetti, FEEM senior researcher, and Steven K. Rose, senior research economist, Global Climate Change Research Group, Electric Power Research Institute, in the Cambridge Journal “Environment and Development Economics”.
REDD and REDD-plus activities, namely promoting forest conservation, the sustainable management of forests and the enhancement of forest carbon stocks, have gained a prominent role in international climate policies.
The Conference of Parties meeting of the United Nations Framework Convention on Climate Change (UNFCCC) that took place in Cancun, in December 2010, was able to advance initiatives on REDD-plus, with an agreement on the development of a formal Mechanism under the UNFCCC for incentivizing REDD-plus activities. But implementing the mechanism will require the development and coordination of country REDD-plus readiness and financing, including detailed consideration of country reference levels, measurement, reporting and verification methodologies, and sub-national and national program coordination.
This Special Issue discusses problems that arise in the practical implementation of reduced deforestation in conjunction with climate policy, ranging from the costs of implementing programs and country readiness for implementation, to the assessment of carbon benefits and their implications for investments and innovation in the energy sector.