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As part of its initiative on Tropical Forests for Climate and Development, the Center for Global Development is producing a book entitled Why Forests? Why Now? The Science, Economics, and Politics of Tropical Forests and Climate Change. Co-authored by senior fellow Frances Seymour and research fellow Jonah Busch, the book will make the case that tropical forests are essential for both climate stability and sustainable development, that now is the time for action on tropical forests, and that payment-for-performance finance for reducing emissions from deforestation and forest degradation (REDD+) represents a course of action with great potential for success.
Why Forests? Why Now? will draw on original research, synthetic reviews, and national case studies supported by commissioned background papers and CGD’s own research. The content will cover the science, economics, and politics of forest conservation and finance to underscore the urgency, affordability, and feasibility of scaling up funding for reducing deforestation, particularly through performance-based approaches.
The Science – deforestation as a source of climate emissions, development benefits provided by intact forests, and advances in forest monitoring technologies;
The Economics – the affordability of mitigating forest-based emissions compared to other options, contributions of forests to developing economies, and what is known about what drives deforestation and how to stop it.
The Politics – the politics of international cooperation to reduce tropical deforestation, with a particular focus on constituencies for performance-based finance in relevant policy arenas at the international level, within selected rich countries, and within forest countries.
The publication of Why Forests? Why Now? is set for December 2016. This research supports the activities of a CGD Working Group to identify practical ways to accelerate performance-based finance for tropical forests.
Click here for a list of all papers in the series.
Preventing dangerous climate change is critical for promoting global development. And saving tropical forests is essential to doing both. CGD senior fellow Frances Seymour, coauthor of a new CGD book, joins me on this week’s podcast to explain why forests are key not only to meeting the objectives of the Paris climate agreement, but also to making progress on the sustainable development goals.
The city of Marrakech is all dressed up for the negotiations and festivities of the 22nd Conference of Parties to the UNFCCC. From horse-drawn carriages spinning the COP22 logo around their wheels, to banners waving "Act” in five languages posted across streetlamps and Moroccan flags lining the storefronts of the medina, the anticipation is both visible and palpable, even with the backdrop of recent political protests across the country. As a model for clean energy transition and an example of the need to adopt drastic adaptation measures, Morocco is an appropriate setting for this year's two-week decision-making marathon.
One of my favorite movies is Casablanca. As I arrange my travel to Morocco for the 22nd Conference of the Parties (COP22) to UN climate convention next month in Marrakech, the lyrics to the song that meant so much to Rick (Humphrey Bogart) and Ilsa (Ingrid Bergman) and were so memorably sung by Sam (Dooley Wilson) have been running through my head.
In a historic climate agreement last Thursday, countries and airlines gathered at the triennial assembly of the International Civil Aviation Organization (ICAO) in Montreal committed to “carbon neutral growth” in international flights between more than 60 countries after 2021. This means that after airlines flying those international routes cut greenhouse gas emissions within their operations, they would need to offset any residual increase in their emissions by purchasing credits for emission reductions made in other sectors. The ICAO agreement is a mixed bag—it makes some historic steps and defers some important decisions to later, but is also a missed opportunity when it comes to carbon pricing.
From 2004-2013, Brazil reduced climate emissions by more than any other country on earth, thanks to its success cutting Amazon deforestation by 80 percent. Now, a new study in Ecological Economics finds that actions to protect the Amazon were affordable too, costing Brazilian governments at the federal, state, and local levels just $2.1 billion over nine years—one-third the estimated $6.2 billion price tag of the 2016 Olympic Games in Rio de Janeiro.