Forests are critical to mitigation, having a dual role; they function globally as a carbon sink but are also responsible for about 10 to 12 percent of global emissions. Forests and forest products offer both developing and developing countries with a wide range of options for timely and cost-effective mitigation. Afforestation / reforestation offers the best option because of its short timescale and ease of implementation. Reducing deforestation, especially due to the possibility for immediate action. Yet forest contributions to mitigation. Wood products and wood energy can replace fossil-intense products in other sectors, creating a virtuous cycle towards low-carbon economies. The mitigation potential and costs of the various options differ greatly by activity, region, system boundaries and time horizon. Policymakers must decide on the optimal mix of options, adapted to local circumstances, for meeting national climate change and development goals. This publication assesses the options and highlights the enabling conditions, opportunities and potential bottlenecks. It will be supported by policymakers, investors and investors in their climate strategies. This publication assesses the options and highlights the enabling conditions, opportunities and potential bottlenecks. It will be supported by policymakers, investors and investors in their climate strategies. This publication assesses the options and highlights the enabling conditions, opportunities and potential bottlenecks. It will be supported by policymakers, investors and investors in their climate strategies.

"Sustainable forestry is right where organic gardening was a generation ago--at the very beginning of working out the techniques and technologies that will let logging thrive at a scale appropriate to both the human and natural communities that depend on the forest. This book is at--if you will pardon the expression--the absolute cutting edge of that process." Bill McKibben, author ofThe End of Nature, Hope, Human and Wild, Enough, and other books If the future really mattered . . . How would forests be managed to improve, rather than degrade, future timber values? How would trees be cut to minimize damage to the residual forest? How would foresters measure success towards minimizing damage? How would loggers be paid to lower logging impacts? How would forests be managed in a way that ensures the survival of all native species? How would woodlot owners be able to afford this type of management? Low-Impact Forestry: Forestry as if the Future Matteredanswers these questions and more. Using Maine as a case study, this book offers forestry goals and guidelines that emphasize quality and value while conserving biodiversity and supporting communities for the long term.

Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based environmental programs to extract lessons for the future of ETS. He follows the development of the emissions trading concept as it evolved in the United States and was later applied in the multinational European Emissions Trading System and in sub-national programs in the United States such as the Regional Greenhouse Gas Initiative (RGGI) and California's ETS. This ex-post evaluation of an ETS as it evolves in real time in the real world provides a valuable supplement to what is already known from theoretical arguments and simulation studies about the advantages and disadvantages of the market strategy. Political cycles and political debate over the use of markets for environmental control make any form of climate policy extremely contentious. Pérez Henríquez argues that, despite ideological disagreements, the ETS approach, or, more popularly, 'cap-and-trade' policy design, remains the best hope for a cost-effective policy to reduce GHG emissions around the world.

REDD+ is one of the leading near-term options for global climate change mitigation. More than 300 subnational REDD+ initiatives have been launched across the tropics, responding to both the call for demonstration activities in the Bali Action Plan and the market for voluntary carbon offset credits.

The book presents the current state and good practices of national forest inventories in monitoring wood resources and demonstrates pathways for harmonisation and improved common reporting. Beyond a general overview over availability and use of wood resources in different countries, it provides a unique collection of original contributions from national forest inventory experts with in-depth descriptions of current NFI methods in assessing wood availability and wood use in European countries, and selected countries from America and Asia.The main topics are national definitions and improvements in common reporting of forests available for wood supply, stem quality and assortments, estimation of change including growth and drain, and tree resources outside forest land. The book is a must-have for everyone who is contributing to national forest inventories either methodologically or operatively, for people who want or need to understand national forest inventory provided data and information on the availability of wood resources. By providing profound knowledge it is a valuable basis for scientists involved in scenario modelling and analysing effects of climate change, as well as individuals in private organisations and public administrations promoting the sustainable use of natural resources and the potential of green economy.

Tropical forests are an undervalued asset in meeting the greatest global challenges of our time—averting climate change and promoting development. Despite their importance, tropical forests and their ecosystems are being destroyed at a high and even increasing rate in most forest-rich countries. The good news is that the science, economics, and politics are aligned to support a major international effort over the next five years to reverse tropical deforestation. Why Forests? Why Now? synthesizes the latest evidence on the importance of tropical forests in a way that is accessible to anyone interested in climate change and development and to readers already familiar with the problem of deforestation. It makes the case to decisionmakers in rich countries that rewarding developing countries for protecting their forests is urgent, affordable, and achievable.

The global threats to climate, biodiversity and a healthy environment are mainly caused by the excessive use of non-renewable materials. The Food and Agriculture Organization of the United Nations (FAO), in collaboration with the International Tropical Timber Organization (ITTO) and Unique Consultancy, elaborated a Global Forest Sector Outlook 2050 to assess the capacity of wood supply to support a sustainable bioeconomy. The report presents a business-as-usual scenario, based on the Global Forest Products Model (GFPM), and a bioeconomy scenario based on the impact of increased consumption of two wood products consolidated in the market: mass timber and manmade cellulose fiber. The publication assesses the market outlook for demand for primary processed wood products, demand and supply of industrial roundwood, wood energy, and forest employment and investments. From a deman-driven perspective, it discusses the actual forest resource base and production needs to supply future demand by factoring in the use of wood residues and enhanced productivity in the forest sector, as well as the influence of megatrends and policy objectives.

This book addresses the major policy, economic and financial issues encountered in global forest carbon. The global forest sector is expected to play a major role in achieving the Paris Agreement’s temperature targets. Therefore, there is an urgent need to explore practical and promising solutions to the challenges facing carbon accounting and policy assessment as the global community undertakes forest sector actions—including the widely known REDD+ initiative. This book demonstrates how vital it is that we identify appropriate perspectives and formulate approaches to address these challenges in an integrated and effective manner. In doing so, it addresses many of the major issues, including the differential potentials for carbon sequestration within various forest ecosystems as well as for storage within a variety of harvested wood products, the joint production of timber and carbon, and the measurement and impact of forest carbon offsets and credits, results-based payments, and other nationally determined contributions centered differences as well. The book examines regional and country-level case studies from across the world and draws on the author's decades of experience working on forest policy and with the forest sector. Overall, this book highlights the technical and policy issues regarding forest sector carbon emission and removal to build useful perspectives, frameworks, and methods for addressing these issues successfully in the future. It advances the knowledge frontiers of global forest carbon policy, economics and finance as well as the ability to assess the effectiveness, efficiency, and equity of forest climate solutions. This book is essential reading for professionals and policymakers working at the intersection of forest policy, carbon storage and climate change, as well as students and researchers in the fields of forestry, natural resource management, climate change and nature-based solutions.

This edited open access volume explores the role of forest bioeconomy in addressing climate change. The authors put a particular focus on planetary boundaries and how the linear, growth-oriented economy, is coupled with climate change and environmental degradation. Biobased products and sustainable production paths have been developed, but how can they be scaled in order to lead to an economic paradigm shift? This and other questions are discussed throughout the volume. Since science indicates that climate change will continue this century, the authors also analyse how forests can be adapted to increasing forest disturbances that changing climate are expected to cause. The authors propose climate-smart forestry as useful approach for climate mitigation and adaptation of forests to climate change, as wells as sustainable increase of economic well-being based on forestry. The book illustrates the application of climate-smart forestry in the Czech Republic, Finland, Germany and Spain, i.e., in EU countries with quite different forests and forest sectors. This proactive and inspiring volume is an essential resource for Forest Management professionals, decision makers, scientists, and forestry students.

This is the first book illustrating China’s forest carbon projects. It includes an analysis of the policy and future development trends of China’s forest carbon market and showcases the country’s most representative forest carbon projects. Accordingly, it offers a valuable resource for all policymakers and researchers interested in forest carbon, as well as project developers and engineers involved in forest carbon projects.