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Forest certification eligibility as a screen for CDM sinks projects

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  • Susan Subak

Abstract

Parties negotiating the Kyoto Protocol recently agreed that Clean Development Mechanism (CDM) investments can include carbon sequestration projects in developing countries. However, guidelines for achieving the socio-economic and environmental objectives of the CDM, and other concerns with sinks projects, have yet to be elaborated. Independently of the Kyoto process, international efforts have advanced to define and certify sustainably managed forests through processes, such as that of the Forest Stewardship Council (FSC). In this paper, the FSC-US principles and criteria for sustainable forest management are evaluated in light of current concerns for guiding afforestation and reforestation projects in the CDM. It is found that the FSC criteria would help to meet some of the objectives of the Kyoto Protocol, including provisions to reduce the risk of premature carbon loss, and features that could somewhat lessen leakage of emissions outside the project area. Existing FSC monitoring and verification procedures provide some, but insufficient, overlap with expected requirements for measuring carbon stock changes. FSC principles and criteria articulate stringent guidelines for meeting environmental and social goals that reflect years of negotiations between environmental, timber, human rights and labor interests.

Suggested Citation

  • Susan Subak, 2002. "Forest certification eligibility as a screen for CDM sinks projects," Climate Policy, Taylor & Francis Journals, vol. 2(4), pages 335-351, December.
    • Handle: RePEc:taf:tcpoxx:v:2:y:2002:i:4:p:335-351
    DOI: 10.3763/cpol.2002.0238
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    References listed on IDEAS

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    1. Susan Subak, 2003. "Replacing carbon lost from forests: an assessment of insurance, reserves, and expiring credits," Climate Policy, Taylor & Francis Journals, vol. 3(2), pages 107-122, June.
    2. Chomitz, Kenneth M., 2000. "Evaluating carbon offsets from forestry and energy projects," Policy Research Working Paper Series 2357, The World Bank.
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    2. Thomas Knoke & Michael Weber, 2006. "Expanding Carbon Stocks in Existing Forests – A Methodological Approach for Cost Appraisal at the Enterprise Level," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 11(3), pages 579-605, May.
    3. Caplan, Arthur J., 2011. "Carbon sequestration and permit trading on the competitive fringe," Economic Modelling, Elsevier, vol. 28(6), pages 2803-2810.

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