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There are several basic requirements for a forest offset.
An important insight of this study is that the state has maintained power over program participation and offset supply through control of the forest offset methodology, creating a production process largely mediated by the state, adding risk and uncertainty to market participation.
The community has developed the first forest offset project under the Reserve's Mexico Forest Protocol.
Jihan Gearon of the Indigenous Environmental Network says: "For indigenous people globally, forest offset programs, such as REDD, are a key issue.
California has been exploring options for REDD+ offsets outside the state, partly due to rising prices of their carbon credits, and partly due to the success of some of their domestic forest offset programs.
First of all, California's International Sector-based Offsets program will only support comprehensive jurisdiction-wide programs to reduce deforestation and will not consider individual tropical forest offset projects that may be developed without clear safeguards or sound intentions.
Similar(53)
Their environmental impact also is immense: forests offset CO2 emissions by 12percentt and are the source of more than half of the U.S. drinking water supply.
American forests offset roughly 15percentt of our annual carbon emissions that contribute to climate change, but we can no longer afford to take these forests' carbon capacity for granted.
For the Yurok, the sale of forest offsets "is huge," Ed Mann, the tribe's new forestry director, told me.
Earlier analyses have considered forest offsets generated through tree planting in the Global South, as vehicles for sustainable development.
It says that the company is "committed to combating tropical deforestation and putting in place criteria to ensure that forest offsets can be part of the toolkit for addressing global climate change".
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