Forest conservation offers global solutions and benefits to nature, communities and economies.
Forest carbon provisions will play a critical role in reducing emissions cost-effectively and sequestering carbon. U.S. legislation should:
Credits from projects that engage in reforestation, sustainable management of forests and forest conservation that have been independently verified as being real, permanent, and measurable should be allowed into U.S. and international carbon markets.
By including strong provisions to allow participants in a U.S. market-based system to access international forest carbon credits, U.S. climate policy will create incentives for developing countries to limit their carbon emissions.
Access to U.S. carbon markets is strong motivation for participation by emerging economies. Linking our carbon markets to developing nations through policies to reduce emissions from deforestation and degradation is a triple-win proposition. It has the potential to:
However, developing countries will need to put in place key building blocks — such as monitoring systems, and capable enforcement institutions — that will enable them to participate successfully in carbon market activities.
With conservation projects around the world informing our decisions and policy positions, The Nature Conservancy believes that international action is essential to meet the climate challenge and U.S. leadership is integral to motivating other countries to engage in solutions.
International engagement and linkages increase economic efficiency by increasing the capacity for emission reductions from a diversity of sectors and nations, further encouraging broad political engagement.March 29, 2012