A natural outcome of the emerging pledge and review approach to international climate change policy is the interest in comparing mitigation efforts among countries.
Protecting tropical forests is good for the global climate and good for development in forested countries. In the absence of robust carbon markets, performance-based funding to reduce emissions from deforestation is a key way donors can provide the incentives and commitment tropical countries need to curtail forest loss.
Tropical forests are undervalued assets in the race to avert catastrophic climate change. They deliver a global—and very public— benefit by capturing and storing atmospheric carbon.
The SkyShares model enables policy-makers to explore a range of different emissions policy scenarios. This paper uses the SkyShares model to explore one such scenario in detail.
The Future of Forests: Emissions from Tropical Deforestation with and without a Carbon Price, 2016–2050 - Working Paper 411
An area of tropical forest the size of India will be deforested in the next 35 years, burning through more than one-sixth of the remaining carbon that can be emitted if global warming is to be kept below 2 degrees Celsius (the “planetary carbon budget”), but many of these emissions could be cheap
Climate change is a threat not only to prosperity in the United States but also to national security, foreign policy, and development objectives throughout the world. Hurricane Sandy served as a reminder of the destruction to life and property from extreme weather events, which are likely to become more frequent and severe. Likewise, extended drought in the Southwest illustrates how climate change could affect agriculture, energy, recreation, and other major sectors of the US economy. The implications of climate change for the development prospects of poor countries are even worse. Lacking infrastructure, financial assets, insurance mechanisms, or strong institutions to cushion the impacts, developing societies remain highly vulnerable to natural disasters, including those resulting from increasingly irregular climatic conditions. The poorest households are most vulnerable — their houses often perch on steep, landslide-prone hillsides around cities or in coastal floodplains, and smallholder farmers lack irrigation and depend on increasingly erratic seasonal rains.
Even as Congress was mandating large increases in the consumption of biofuels a decade ago, the world was changing. In the early 2000s, replacing fossil fuels with biofuels made from corn, sugar, or oilseeds seemed like a good idea. Increased crop demand would prop up prices for farmers, and replacing petroleum with renewable energy would reduce greenhouse gas (GHG) emissions and promote energy independence.
This essay addresses the challenges likely to be faced by corporations and non-governmental organizations as they collaborate to implement recent commitments to deforestation-free commodity supply chains. The essay takes as its inspiration and a source of lessons learned Theodore Roosevelt’s 1913-14 expedition to explore the River of Doubt, a tributary of the Amazon River in Brazil.
Circumstances were propitious for the establishment of the Indonesia-Australia Forest Carbon Partnership (IAFCP) in 2008, and remained favourable for a considerable period thereafter.
In 2010, Norway and Indonesia signed a US$1 billion performance agreement to reduce greenhouse gas emission from deforestation. The experience holds lessons for international cooperation in addressing climate change and other global challenges.
Evolution of Finance for REDD+ in the UK: A History and Overview of the UK Government’s Engagement with Forest Finance, with a Focus on Performance- Based Payments for REDD+
This paper offers a perspective on the political factors that have influenced the size, nature, and timing of UK commitments to forest finance, specifically the significant and committed finance being programmed under the International Climate Fund (ICF), during a time of austerity in the UK.
In the late 1990s and early 2000s, agricultural commodity prices reached new lows and subsidies and mandates to promote biofuels seemed like a solution for multiple problems.
The Commitment to Development Index ranks 27 of the world’s richest countries on their dedication to policies that benefit the 5.5 billion people living in poorer nations.