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Complementing Carbon Credits from Forest-Related Activities with Biodiversity Insurance and Resilience Value

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  • Fiegenbaum, Hanna

Abstract

Carbon credits are a key component of most national and organizational climate strategies. Financing and delivering carbon credits from forest-related activities faces risks at the project and asset levels. Financial mechanisms are employed to mitigate risks for investors and project developers, and are complemented by non-financial measures such as environmental and social safeguards and physical risk mitigation. Academic research highlights that safeguards and climate risk mitigation measures are not efficiently implemented in some carbon projects and that specification of environmental safeguards remains underdeveloped. This text examines how ecosystem capacities can be used and valued for mitigation of and adaptation to physical risks and can complement existing risk mitigation measures through biodiversity insurance and resilience value.

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  • Fiegenbaum, Hanna, 2024. "Complementing Carbon Credits from Forest-Related Activities with Biodiversity Insurance and Resilience Value," OSF Preprints buvzy_v1, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:buvzy_v1
    DOI: 10.31219/osf.io/buvzy_v1
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