Issues related to including forestry-based offsets in a GHG emissions trading system |
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| Institution: | 1. Department of Biotechnology, University of Verona, Strada Le Grazie 15, 37134 Verona, Italy;2. Interuniversity Consortium ‘‘Chemistry for the Environment’’ (INCA), Via delle Industrie, 30175 Marghera, Venice, Italy;3. Department of Mechanical, Aerospace and Civil Engineering, Brunel University, Kingston Lane, Uxbridge, UB8 3PH Middlesex, UK;4. Department of Environmental Sciences, Informatics and Statistics, University Ca''Foscari of Venice, Dorsoduro 2137, 30121 Venice, Italy;1. Department of Environmental Sciences and Biotechnology, Institute of Energy & Environment, Hallym University, Chuncheon, Gangwon 200-702, Republic of Korea;2. Entecs Ltd., Gwangsan-gu, Gwangju 506-500, Republic of Korea;1. School of Resources and Civil Engineering, Northeastern University, Shenyang, China;2. College of Chemistry and Life Science, Shenyang Normal University, Shenyang, China;1. Center for Biomimetic Sensor Science, Nanyang Technological University, 637553, Singapore;2. School of Materials Science and Engineering, Nanyang Technological University, 639798, Singapore;3. Centre for Molecular Diagnostics, School of Applied Science, Temasek Polytechnic, Singapore;4. Department of Chemistry, Izmir Institute of Technology, Izmir, Turkey |
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| Abstract: | Including the forestry sector as a mitigation option is critical to successful implementation of the United Nations Framework Convention on Climate Change. Since emissions trading and other related economic instruments are likely to be used to meet the treaty's goals, integrating carbon credits from the forestry sector in an emissions trading system and into the Clean Development Mechanism and Joint Implementation is necessary if the GHG mitigation potential of the forestry sector is to be fully realized.Some of the concepts presented in this paper build on a discussion paper prepared for the Australian Greenhouse Challenge Office, preparatory to a sinks workbook. The sinks workbook is designed to help Australian companies measure carbon sequestration from projects undertaken to fulfill their pledges as part of the Australian government's voluntary Greenhouse Challenge initiative. The ideas presented in the original discussion paper (as well as in this paper) were intended to stimulate discussion and do not necessarily reflect the position of the Australian government.This paper outlines some of the methodological questions raised in determining how to generate credits from forestry projects in the context of the Clean Development Mechanism, Joint Implementation and national emissions trading programs. These include baseline determination, which carbon pools to count, leakage issues, carbon accounting methods and the fate of wood products. |
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