Capturing Carbon and Conserving Biodiversity: The Market Approach
For decades conservation has been based on the donor-driven principle. It hasn't worked. For centuries, environmental pollution or degradation has been addressed by the same attitude: the 'Polluter Pays' principle. That hasn't worked either. The cycle has to stop. But while everyone talks about using a market-driven approach, few know how to do it. Faced with the situation on the ground what do you do? What is happening? How can you engage a system so that it is self-sustaining and the people self-motivated? This study explores how the growing market in carbon can help to conserve carbon-based life forms. It discusses how reducing global warming and saving biodiversity can both be achieved with the right market conditions. The contributors include conservation biologists, ecologists, biologists, economists, lawyers, community and tribal specialists, financial specialists, market makers, environment specialists, climatologists, resource managers, atmospheric scientists, project developers and corporate fund managers.
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aﬀorestation Annex Article 3.4 atmospheric CO2 avoided deforestation beneﬁts biodiversity biomass carbon credits carbon cycle carbon emissions carbon market carbon sequestration carbon sinks carbon stocks change and forestry Clean Development Mechanism climate change conservation Convention cost crops deﬁned deﬁnition deforestation developing countries diﬀerent diﬃcult economic ecosystems ecotourism eﬀects eﬃciency eﬀorts emissions reductions emissions trading emissions-trading energy Environment environmental services estimates example ﬁnancial ﬁnancing ﬁrst commitment period ﬂuxes forest management fossil-fuel GHG emissions global greenhouse greenhouse gas harvesting hectares impacts implementation incentives increase industrialized inﬂuence IPCC Kyoto Protocol land land-use activities land-use change leakage LULUCF measures mitigation monitoring natural oﬀer oﬀsets options Parties PgC yr−1 plant plantations potential production programme rates reduce reﬂect result scientiﬁc sector sequester carbon signiﬁcant soil carbon sources species speciﬁc sustainable agriculture sustainable development tC ha−1 timber tion tourism trees tropical forests UNFCCC watershed World Bank