The area of forest plantations in the tropics has increased for many reasons, but not the least as a result of natural forest depletion. Although forest plantations cannot qualitatively substitute the timber grown in natural forests, their importance in global forestry is steadily increasing. At...

The details on rules and modalities for the inclusion of forestry projects in the Clean Development Mechanism (CDM) are one of the last non resolved implementation issues of the Kyoto Protocol. We examine in detail the implications of different policy decisions concerning the inclusion of CDM...