Potential for Carbon Finance in the Land Use Sector of the HKH Region: A Preliminary Scoping Study (2009)
ISBN: 978 92 9115 133 2 (electronic)
Language: English
NOTE: Readers are requested to refer to the original publications in order to find the correct order of names of authors/editors and publishers.
Keywords: Forestry; Biomass; Carbon dioxide; Climate change; Land use; Deforestation; Ecosystems; Hindu Kush-Himalayas;
Subjects: Climate Change; Forests and forestry; Natural resource management; Range, grasslands, pasture; Land use/land cover; Policies and governance; Up-downstream linkages; Carbon financing
Abstract
Improved management of natural resources is a potentially valuable approach for climate change mitigation and carbon sequestration and can be encouraged through the use of financial instruments. This publication summarises the results of preliminary scoping study to provide an initial assessment of carbon finance opportunities in the HKH region. The study notes that, within the region, adaptation and mitigation must be considered as complementary approaches. It concludes that the REDD mechanism alone (reducing emissions from deforestation and forest degradation) will provide relatively less benefits within the region, whereas the more comprehensive ‘agriculture, forestry, and other land uses’ (AFOLU), approach is more promising. The biophysical mitigation potential in the region is substantial but highly dispersed so that a holistic landscape approach is likely be most appropriate. There is an urgent need to reduce scientific uncertainty and for regional institutional capacity building in carbon finance, and appropriate policy and implementation mechanisms
Improved management of natural resources is a potentially valuable approach for climate change mitigation and carbon sequestration and can be encouraged through the use of financial instruments. This publication summarises the results of preliminary scoping study to provide an initial assessment of carbon finance opportunities in the HKH region. The study notes that, within the region, adaptation and mitigation must be considered as complementary approaches. It concludes that the REDD mechanism alone (reducing emissions from deforestation and forest degradation) will provide relatively less benefits within the region, whereas the more comprehensive ‘agriculture, forestry, and other land uses’ (AFOLU), approach is more promising. The biophysical mitigation potential in the region is substantial but highly dispersed so that a holistic landscape approach is likely be most appropriate. There is an urgent need to reduce scientific uncertainty and for regional institutional capacity building in carbon finance, and appropriate policy and implementation mechanisms
