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Seeing REDD: Issues, principles and possible opportunities in Northern Australia

Van Oosterzee, P. and Garnett, S. T. (2008). Seeing REDD: Issues, principles and possible opportunities in Northern Australia. Public Administration and Development,28(5):386-392.

Document type: Journal Article

IRMA ID 78220986xPUB46
Title Seeing REDD: Issues, principles and possible opportunities in Northern Australia
Author Van Oosterzee, P.
Garnett, S. T.
Journal Name Public Administration and Development
Publication Date 2008
Volume Number 28
Issue Number 5
ISSN 0271-2075   (check CDU catalogue open catalogue search in new window)
Scopus ID 2-s2.0-58049103703
Start Page 386
End Page 392
Total Pages 7
Place of Publication UK
Publisher John Wiley & Sons Ltd.
Field of Research 1402 - Applied Economics
1605 - Policy and Administration
HERDC Category C1 - Journal Article (DEST)
Abstract When the Kyoto Protocol was drafted, a major opportunity was lost to conserve existing stands of rainforest, particularly in developing countries, through the recognition of the benefits of reduced emissions from deforestation and degradation (known as REDD). Even post-Kyoto, arguments persist for excluding REDD and related schemes from carbon accounting systems. The gap in mandated procedures, however, has to some extent been filled by the voluntary market which draws investment from companies wishing to demonstrate their environmental credentials to investors. This innovative market has products that extend beyond carbon to biodiversity and social benefits. The issues and principles involved are addressed in this article, along with reference to two possible REDD opportunities in northern Australia. Sadly, one of these opportunities has just been missed. For the other, institutional mechanisms will be needed to allow owners of intact forests to benefit from their carbon value and related environmental services potential.
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Created: Wed, 06 May 2009, 10:57:35 CST by Sarena Wegener