Forest Carbon Finance: Potential and Challenges for Commonwealth Countries

Deforestation contributes about one-fifth of all human-made emissions of carbon dioxide (CO2), the principal greenhouse gas that leads to global warming and climate change. Preventing deforestation could therefore be highly significant in averting climate change. Recently there have been strong moves to include the reduction of CO2 emissions from deforestation and forest degradation within international frameworks for action on climate change. In general, deforestation and degradation are the result of a combination of market, policy and governance failures, which make it more profitable to fell trees rather than to keep them.

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Forest Carbon Finance