Global Public Policy Institute
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04 March 2007
GPPi submits proposal on reducing emissions from deforestation in developing countries
Charlotte Streck, GPPi co-founder, fellow and Director of Climate Focus, has submitted a proposal entitled "A Carbon Stock Approach to Creating a Positive Incentive to Reduce Emissions from Deforestation and Forest Degradation" to the UN Framework Convention on Climate Change (UNFCCC).
The proposal was submitted in preparation for the Twelfth Session of the Conference of Parties to the UNFCCC (the "Convention") which invited submissions regarding views on issues relating to reducing emissions from deforestation in developing countries. Submitted jointly by GPPi and the Centre for International Sustainable Development Law (CISDL) and co-authored by Robert O’Sullivan (Climate Focus) and Steve Prior (Durham University Business School and Director, ForestCarbon), the report focuses on the "Carbon Stock Approach" to reducing emissions in developing countries.
The overall objective of the Carbon Stock Approach is to design an incentive mechanism that reduces deforestation and forest degradation in developing countries. In this respect, the approach allocates a finite number of carbon credits to participating countries that represent the tonnes of carbon stored in a country’s forestry resources in a base year. A portion of these forest resources are put into a reserve. The remaining areas outside the national reserve that are put under permanent protection or management will become eligible for generating credits that can be traded in the global carbon market. As a result, this creates a system which allows public and private entities in developing countries direct access to carbon finance if they establish protection systems over their forest resources.
The Conference of Parties has requested that the Subsidiary Body for Scientific and Technological Advice (SBSTA) consider the information in the submissions beginning at its twenty-sixth session (May 2007).
To download the proposal, please click here.
For more information, please contact Charlotte Streck.