forests and enhancement of forest carbon stocks ( redd +). Since the Bali Action Plan ( cop -13, 2007) first recognized the importance of reducing forest-related emissions, there have been many cop decisions related to redd +. 4 These decisions have covered everything from creating a broad
(UNFCCC). Reducing deforestation and forest degradation (REDD) would reduce greenhouse gas emissions and improve the resilience of the carbon sequestration capacity of global forest cover globally, especially in tropical forest countries. Deforestation constitutes approximately 18–25% of all global
1 Introduction Reducing Emissions for Deforestation and Forest Degradation ( redd ) is an effort that aims to create “financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to
Lee J. Alston and Krister Andersson
Understanding and minimizing the transaction costs of policy implementation are critical for reducing tropical forest losses. As the international community launches REDD, a global initiative to reduce greenhouse gas emissions from tropical deforestation, policymakers need to pay attention to the transactions costs associated with negotiating, monitoring and enforcing contracts between forest users, governments, and donors. The existing institutional design forREDDrelies heavily on central government interventions in program countries. Analysing new data on forest conservation outcomes, we identify several problems with this centralized approach to forest protection. We describe options for a more diversified policy approach that could reduce the full set of transaction costs and thereby improve the efficiency of the market-based approach to conservation.
Forest Preservation in a Changing Climate: REDD+ and Indigenous and Community Rights in Indonesia and Tanzania , (Cambridge, Cambridge University Press 2017) 252 pp. ISBN : 9781107189003, paperback £22.99 and open access. This book conducts a social-legal empirical examination and literature