The focus of this paper is that the contextual issues influencing the adequacy and appropriateness of opportunity cost as a proxy for payments required to get successful REDD+ can be major ones in most tropical developing countries; and resolving them can be expensive and time consuming.
Having unveiled its Rs 44,000 crore 'Green Mission' aiming to enhance its forest cover, India hopes to secure global funding to undertake the ambitious programme to curb greenhouse gas emissions.
NEW DELHI: The government is considering the establishment of a National REDD+ Coordinating Agency, Environment Secretary Vijai Sharma told a global deforestation conference at Oslo on Thursday.
Delegates from more than 50 countries and international organisations agreed in Oslo on Thursday to launch an interim partnership to support developing countries' efforts to fight deforestation and reduce emissions.
At the recently concluded Oslo Climate and Forest Conference (OCFC), India presented its initiatives on forestry related to climate change and made a strong case for a REDD+ mechanism, which takes a holistic approach for incentivising actions to reduce emissions from forests and promoting sustainable management of forests.
The Copenhagen Climate Conference and its Copenhagen Accord have generally been regarded by the press as a failure. I think this is a very unfortunate mischaracterization. The conference was a failure only in not achieving binding commitments to reduce global greenhouse gas emission levels sufficient to meet the requirements identified by the some 3,000
This guidebook addresses forestry projects' standing in carbon markets, anticipated trends, as well as the financing of these projects and sale of carbon credits. It provides insight into the issues that have limited the forest carbon market, and uses case studies to highlight best practices and success stories that developers can replicate in order to stimulate investment into bankable projects.
