Both theory and evidence regarding forest-relevant decisions by various agents suggest that there are significant constraints on the effectiveness of domestic policies for REDD (i.e., in facilitating a reduction in emissions from deforestation and forest degradation). Economic theory and...

Many constraints upon REDD policies’ ability to reduce forest loss are common across settings, inherent in the fact that agents making key choices respond also to other factors that influence the overall incentive to clear or to degrade a forest instead of conserving it. The record is mixed,...