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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.
This paper provides an analysis of the international political dynamics around the reduction of tropical deforestation and forest degradation as a climate mitigation strategy, emphasizing the necessity of an enabling environment and sustainable financing to support the scaling up of these efforts globally.
Can King Henry III’s royal decree governing bakers in 13th-century England teach us how to fight climate change, the greatest global challenge of the 21st century? I’m pretty sure it can. Let me explain...
After two weeks in Indonesia I returned to Washington to discover that fall had turned to winter in my absence. A new CGD Working Paper explains how the prospects of jurisdictional forest offsets have experienced a similar chill in California since first proposed in the late 2000s.
For the last several years, California has considered the idea of recognizing, within its greenhouse gas cap-and-trade program, offsets generated by foreign states and provinces through reduced tropical forest destruction and degradation and related conservation and sustainability efforts, known as REDD+.
The United States, as a nation with a strong connection to its large land base, has been a supporter over many years of forest management and conservation. Because this long-held vision is shared across a broad spectrum of the US public, the United States has been a strong supporter of using foreign assistance to also help other countries protect their forests.