recognizing forest carbon in climate policy. Specifically, we investigate the impact of an asymmetric carbon policy that … of not recognizing positive emissions from a reduction in the stock of forest biomass, or of not recognizing negative … emissions from the growth of forest biomass. We show that asymmetric carbon policies lead to lower levels of welfare, as well as …

the design of local and international policy instruments to prevent further deforestation and encourage forest growth … rapid deforestation has dramatically changed the chemical composition of the world's atmosphere, the level of biodiversity …. This paper reviews the theory and evidence surrounding forest-related Payment for Ecosystem Services (PES) schemes intended …

to bring reduced emissions from deforestation and forest degradation (REDD) into climate governance is decidedly …This chapter reviews the current status of and prospects for efforts to include emissions from deforestation (and … international forest carbon activities in general) in emerging greenhouse gas compliance regimes at the international level; future …