Governing carbon stored in natural and human-managed ecosystems is an emerging area in global climate politics. Many developed and developing countries are devising and implementing a range of reform programs that aim to reduce emissions and increase sequestration in the land use, land use...

Carbon markets devolve governance to external institutions and displace power from sovereign states. Major producers in these markets, notably China, have expressed concern about the adverse implications for national interests and sovereignty associated with selling off the rights to emit carbon...