This working paper describes four major outcomes: Recommendations to improve accounting of the long-term depletion of carbon stocks through forest and wetland degradation. Discussion of two possible approaches to harnessing the mitigation potential of harvested wood products, while minimizing adverse and unintended effects on biodiversity, forest management and the environmental integrity of the Kyoto
Protocol. Presentation of policy-based options for factoring out indirect and natural effects on carbon stock changes, to arrive at estimates of direct anthropogenic effects on carbon stock changes. A characterization of three possible approaches to achieving fuller accounting as well as a list of criteria/ questions for assessing the effects of these, and any other,
approaches.