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Paavola , Jouni; Centre for Climate Change Economics and Policy (CCCEP); Sustainability Research Institute, School of Earth and Environment, University of Leeds; j.paavola@leeds.ac.uk; Healey, John R.; School of Environment, Natural Resources and Geography, Bangor University ; j.healey@bangor.ac.uk; Jones, Julia P.G.; School of Environment, Natural Resources and Geography, Bangor University ; julia.jones@bangor.ac.uk; Baker, Timothy R.; School of Geography, University of Leeds; t.r.baker@leeds.ac.uk. |
Reduced Emissions from Deforestation and Forest Degradation (REDD+) has received strong support as a major component of future global climate change policy. The financial mechanism of REDD+ is payment for the ecosystem service of carbon sequestration in tropical forests that is expected to create incentives for conservation of forest cover and condition. However, the costs of achieving emissions reduction by these means remain largely unknown. We assess the set-up, implementation, and monitoring costs, i.e., collectively the transaction costs, of six of the first seven REDD+ project designs from the Peruvian Amazon and compare them with established projects in Brazil and Bolivia. The estimated costs vary greatly among the assessed projects from US$0.16 to... |
Tipo: Peer-Reviewed Reports |
Palavras-chave: Additionality; Amazon; Peru; REDD+; Set-up implementation and monitoring costs; Transaction costs. |
Ano: 2013 |
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