Reducing Carbon Emissions from Deforestation and Forest Degradation
The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development
Edited by Valentina Bosetti and Ruben Lubowski
Graham Floater and Duncan Stone1 8.1 INTRODUCTION The Eliasch Review2 was an independent report to the UK Government, commissioned by the Prime Minister, Gordon Brown, and published on 14 October 2008. The Review was overseen by Johan Eliasch, the Prime Minister’s Special Representative on Deforestation and Clean Energy, with the support of the UK Office of Climate Change (OCC).3 The Review aimed to provide a comprehensive analysis of international financing to reduce forest loss and its associated impacts on climate change. It did so with particular reference to the international debate surrounding the potential for a new global climate change deal in Copenhagen at the end of 2009. The Review focused particularly on the scale of finance required and on the mechanisms that can, if designed well, lead to effective reductions in forest carbon emissions to help stabilize greenhouse gases in the atmosphere and avoid the worst effects of climate change. It also examined how mechanisms to address forest loss can contribute to poverty reduction, as well as providing incentives to preserve other ecosystem services such as biodiversity and water services. The Review drew on a large amount of previous research in the literature, responses to a stakeholder consultation exercise and visits to various countries including forest nations in Latin America, Africa and south east Asia. A range of new research and analysis was undertaken by the Review team and commissioned for the Review from the following international organizations and institutes: AEA; Chatham House; Climate Strategies; CSERGE, University of...
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