Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....

"Reforestation and avoiding deforestation are methods of harnessing nature to tackle global warming - the greatest challenge facing humankind. In this book, Colin Hunt deals comprehensively with the present and future role of forests in climate change policy and practice. The author provides...

"Frames forestry activities within climate-change policy context. Analyzes the operation and efficacy of market-based mechanisms for forest conservation and climate change. Explores voluntary schemes for carbon crediting, provides an overview of carbon accounting best practices, and presents...