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Permanence of CDM forests or non-permanence of land use related carbon credits?

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  • Dutschke, Michael

Abstract

Carbon sequestration projects in the context of the Clean Development Mechanism (CDM) suffer from the stigma of permanence risk. The risk that carbon reduced or sequestered in forestry projects is release further down the road is in fact undeniable, whoever bears the onus. The merit of the so-called ?ton/year approach? is to destroy the fiction of infinity when talking about permanent sequestration. The merit of the ?Columbian proposal? is to destroy the fiction of comparability between technological emission reduction and sequestration in natural systems. Yet, both approaches are discussed as more or less unrelated alternatives. By making use of both methodologies and providing a link between both proposals on permanence in CDM forestry, the present article puts forward the proposal of leasing reduction certificates.

Suggested Citation

  • Dutschke, Michael, 2001. "Permanence of CDM forests or non-permanence of land use related carbon credits?," HWWA Discussion Papers 134, Hamburg Institute of International Economics (HWWA).
    • Handle: RePEc:zbw:hwwadp:26399
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    Cited by:

    1. Miriam Miranda & Carel Dieperink & Pieter Glasbergen, 2002. "The Social Meaning of Carbon Dioxide Emission Trading Institutional Capacity Building for a Green Market in Costa Rica," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 4(1), pages 69-86, March.
    2. Michael Dutschke, 2002. "Fractions of permanence – Squaring the cycle of sink carbon accounting," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 7(4), pages 381-402, December.
    3. Lucio Pedroni, 2005. "Carbon accounting for sinks in the CDM after CoP-9," Climate Policy, Taylor & Francis Journals, vol. 5(4), pages 407-418, July.
    4. Suraje Dessai & E. Schipper & Esteve Corbera & Bo Kjellén & María Gutiérrez & Alex Haxeltine, 2005. "Challenges and Outcomes at the Ninth Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 5(2), pages 105-124, June.
    5. Bruno Locatelli & Lucio Pedroni, 2006. "Will Simplified Modalities and Procedures Make More Small-Scale Forestry Projects Viable Under the Clean Development Mechanism?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 11(3), pages 621-643, May.
    6. Emma Paulsson, 2009. "A review of the CDM literature: from fine-tuning to critical scrutiny?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(1), pages 63-80, February.
    7. Bluffstone, Randy & Robinson, Elizabeth & Guthiga, Paul, 2013. "REDD+and community-controlled forests in low-income countries: Any hope for a linkage?," Ecological Economics, Elsevier, vol. 87(C), pages 43-52.
    8. Marshall, Liz & Kelly, Alexia, 2010. "The Time Value of Carbon and Carbon Storage: Clarifying the terms and the policy implications of the debate," MPRA Paper 27326, University Library of Munich, Germany.
    9. Frank Vöhringer, 2004. "Forest conservation and the clean development mechanism: Lessons from the Costa Rican protected areas project," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 9(3), pages 217-240, July.
    10. Marechal, Kevin & Hecq, Walter, 2006. "Temporary credits: A solution to the potential non-permanence of carbon sequestration in forests?," Ecological Economics, Elsevier, vol. 58(4), pages 699-716, July.
    11. Dutschke, Michael & Schlamadinger, Bernhard, 2003. "Practical Issues Concerning Temporary Carbon Credits in the CDM," Discussion Paper Series 26241, Hamburg Institute of International Economics.
    12. Philip Fearnside, 2002. "Why a 100-Year Time Horizon should be used for GlobalWarming Mitigation Calculations," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 7(1), pages 19-30, March.
    13. Bruno Locatelli & Lucio Pedroni, 2004. "Accounting methods for carbon credits: impacts on the minimum area of forestry projects under the Clean Development Mechanism," Climate Policy, Taylor & Francis Journals, vol. 4(2), pages 193-204, June.
    14. Dutschke, Michael & Schlamadinger, Bernhard, 2003. "Practical Issues Concerning Temporary Carbon Credits in the CDM," HWWA Discussion Papers 227, Hamburg Institute of International Economics (HWWA).
    15. Bluffstone, Randy & Robinson, Elizabeth & Guthiga, Paul, 2012. "Deforestation and forest degradation are estimated to account for between 12 percent and 20 percent of annual greenhouse gas emissions. These activities, largely in the developing world, released abou," RFF Working Paper Series dp-12-11-efd, Resources for the Future.

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