Capturing the value of forest carbon for local livelihoods

This article contributes to the debate on the social implications of carbon forestry projects by showing that tradeoffs exist between social benefits of projects and their cost-effectiveness. Large scale industrial plantations and strict forest protection are economically viable, but pose the highes...

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Detalles Bibliográficos
Autores principales: Smith, J., Scherr, Sara J.
Formato: Journal Article
Lenguaje:Inglés
Publicado: 2003
Materias:
Acceso en línea:https://hdl.handle.net/10568/18766
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author Smith, J.
Scherr, Sara J.
author_browse Scherr, Sara J.
Smith, J.
author_facet Smith, J.
Scherr, Sara J.
author_sort Smith, J.
collection Repository of Agricultural Research Outputs (CGSpace)
description This article contributes to the debate on the social implications of carbon forestry projects by showing that tradeoffs exist between social benefits of projects and their cost-effectiveness. Large scale industrial plantations and strict forest protection are economically viable, but pose the highest social risks. Socially beneficial projects are less cost-effective because of their higher transaction costs. Enabling policies are also required for their success. Regulation of carbon markets will therefore be required to reduce social risks and enhance benefits. The authors propose a number of regulatory and proactive measures and justify them on the basis of market imperfections and concepts of sustainable development.
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spelling CGSpace187662025-01-24T14:20:17Z Capturing the value of forest carbon for local livelihoods Smith, J. Scherr, Sara J. carbon projects kyoto protocol tropical forests risk social impact poverty This article contributes to the debate on the social implications of carbon forestry projects by showing that tradeoffs exist between social benefits of projects and their cost-effectiveness. Large scale industrial plantations and strict forest protection are economically viable, but pose the highest social risks. Socially beneficial projects are less cost-effective because of their higher transaction costs. Enabling policies are also required for their success. Regulation of carbon markets will therefore be required to reduce social risks and enhance benefits. The authors propose a number of regulatory and proactive measures and justify them on the basis of market imperfections and concepts of sustainable development. 2003 2012-06-04T09:08:47Z 2012-06-04T09:08:47Z Journal Article https://hdl.handle.net/10568/18766 en Smith, J., Scherr, S.J. 2003. Capturing the value of forest carbon for local livelihoods . World Development 31 (12) :2143-2160. ISSN: 0305-750X.
spellingShingle carbon
projects
kyoto protocol
tropical forests
risk
social impact
poverty
Smith, J.
Scherr, Sara J.
Capturing the value of forest carbon for local livelihoods
title Capturing the value of forest carbon for local livelihoods
title_full Capturing the value of forest carbon for local livelihoods
title_fullStr Capturing the value of forest carbon for local livelihoods
title_full_unstemmed Capturing the value of forest carbon for local livelihoods
title_short Capturing the value of forest carbon for local livelihoods
title_sort capturing the value of forest carbon for local livelihoods
topic carbon
projects
kyoto protocol
tropical forests
risk
social impact
poverty
url https://hdl.handle.net/10568/18766
work_keys_str_mv AT smithj capturingthevalueofforestcarbonforlocallivelihoods
AT scherrsaraj capturingthevalueofforestcarbonforlocallivelihoods