REDD, PINC and Other Shades of Green: Institutional Requirements for an International Forest Carbon Sequestration Treaty in a Post-Kyoto World

51 Pages Posted: 28 May 2011 Last revised: 25 Mar 2015

See all articles by Elizabeth Anne Baldwin

Elizabeth Anne Baldwin

Indiana University - School of Public and Environmental Affairs; The Vincent and Elinor Ostrom Workshop in Political Theory & Policy Analysis

Kenneth R. Richards

Indiana University Bloomington - School of Public & Environmental Affairs (SPEA); University of Oxford - Oxford Martin School

Date Written: May 24, 2011

Abstract

Because forests play a critical role in the global carbon cycle, the international community is actively pursuing policies and programs to conserve and increase the amount of carbon stored in forests. As the international community moves closer to an agreement on terrestrial carbon sequestration, it is important to consider the types of institutions that will be required to support an international forest carbon sequestration (IFCS) agreement. This article of explores the institutional needs of IFCS and reaches two conclusions. First, the types of institutions required for a successful IFCS program differ from those involved in a global emissions trading program. Second, even within the range of IFCS programs under consideration, the types and extent of institutions required will differ substantially. This article explores a variety of institutions including those designed to support negotiations, to support implementation and governance, to induce and maintain participation by national governments, and to enhance country readiness.

Keywords: Forests, REDD, Climate Change, International Environmental Agreements

JEL Classification: Q23, K33, Q17, D23

Suggested Citation

Baldwin, Elizabeth Anne and Richards, Kenneth R., REDD, PINC and Other Shades of Green: Institutional Requirements for an International Forest Carbon Sequestration Treaty in a Post-Kyoto World (May 24, 2011). Natural Resources Journal, Vol. 52, No. 1, 2011; Indiana University-Bloomington: School of Public & Environmental Affairs Research Paper No. 2011-05-12. Available at SSRN: https://ssrn.com/abstract=1851827

Elizabeth Anne Baldwin

Indiana University - School of Public and Environmental Affairs ( email )

1315 East Tenth Street
Bloomington, IN 47405
United States

The Vincent and Elinor Ostrom Workshop in Political Theory & Policy Analysis ( email )

513 N. Park Avenue
Bloomington, IN 47408–3895
United States

Kenneth R. Richards (Contact Author)

Indiana University Bloomington - School of Public & Environmental Affairs (SPEA) ( email )

1315 East Tenth Street
Bloomington, IN 47405
United States

University of Oxford - Oxford Martin School

United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
93
rank
266,693
Abstract Views
1,059
PlumX Metrics