The Future of the CDM

There has already been a great deal of effort expended in the development of rules and methodologies for afforestation and reforestation. A change in these basic rules would undermine the investments already made in A/R. It is suggested that the A/R provisions in the CDM should be retained, while accepting the bankability of forestry credits, thus guaranteeing the viability of existing projects and encouraging new investment. This policy recognizes implicitly that while improvements can be made at the margin, the role of A/R in the CDM will in all probability remain a limited one; as a consequence the role of A/Rs in the CDM in reducing the costs of compliance with caps will probably continue to be limited relative to other types of offsets.

The greatest change that could be made in a post-Kyoto Protocol is the inclusion of reduced deforestation and degradation (REDD) to apply to both developing and developed countries. Given that some 15-20 percent of greenhouse gas emissions are caused by deforestation in tropical developing countries this inclusion has the potential to contribute substantially to the UNFCCC goal of stabilizing atmospheric GHG concentrations. The arrangements that could be made to include REDD are the subject of Chapter 8, including both market and non-market approaches to its funding.

The Basic Survival Guide

The Basic Survival Guide

Disasters: Why No ones Really 100 Safe. This is common knowledgethat disaster is everywhere. Its in the streets, its inside your campuses, and it can even be found inside your home. The question is not whether we are safe because no one is really THAT secure anymore but whether we can do something to lessen the odds of ever becoming a victim.

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