Forestry projects under the Clean Development Mechanism (CDM) face specific challenges with regard to determination of a baseline for carbon sequestration. We propose a semi-standardized approach called PARAPIA for calculation of a baseline that is built on the concept of a reference area around...

The European Commission is mandated to consider the inclusion of credits from land-use projects under the clean development mechanism (CDM) and joint implementation (JI), beginning with the second period of the European Union's emission trading scheme (ETS) in its report due in July 2006....

The Milan conference of the UN Framework Convention on Climate Change has established two types of emission offsets under the Clean Development Mechanism (CDM), valid for afforestation and reforestation activities. In order to account for the non-permanent nature of carbon storage in forests,...

Since 2005, Parties to the UNFCCC have been negotiating policy options for incentivizing reductions of (greenhouse gas) emissions from deforestation and degradation (REDD) in a future climate regime. Proposals on how to operationalize REDD range from market-based to pure fund-based approaches....