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Tropical Forests and Climate Change Mitigation: The Global Potential and Cases from the Philippines

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  • Lasco, Rodel D.

Abstract

The Intergovernmental Panel on Climate Change IPCC Fourth Assessment report has highlighted the role of tropical forests in mitigating climate change. Deforestation, especially in tropical countries, contributes about 20 percent to total global greenhouse gas emissions. Development projects geared to reduce the rate of deforestation and forest degradation, and to establish forest plantations will help reduce greenhouse gases in the atmosphere, and significantly contribute to mitigating climate change. Three cases of forestry carbon projects underway in the Philippines are presented to illustrate the constraints facing project developers in undertaking these climate change mitigation efforts. Among the key lessons identified are: the difficulty in establishing land eligibility, the need for partners or buyers from industrialized countries to shoulder the transaction costs, and the crucial role of the local communities, including indigenous peoples, in the development effort.

Suggested Citation

  • Lasco, Rodel D., 2008. "Tropical Forests and Climate Change Mitigation: The Global Potential and Cases from the Philippines," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 5(01), pages 1-18, June.
    • Handle: RePEc:ags:phajad:198982
    DOI: 10.22004/ag.econ.198982
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    References listed on IDEAS

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    1. Oscar J. Cacho & Robyn L. Hean & Russell M. Wise, 2003. "Carbon‐accounting methods and reforestation incentives," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(2), pages 153-179, June.
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    Cited by:

    1. Assogba, N.P. & Zhang, D., 2018. "Factors Influencing the Conservation of Tropical Forest Resources in West Africa," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277335, International Association of Agricultural Economists.
    2. Noel Perceval Assogba & Daowei Zhang, 2020. "An Economic Analysis of Tropical Forest Resource Conservation in a Protected Area," Sustainability, MDPI, vol. 12(14), pages 1-12, July.

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