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Reducing Emissions from Deforestation and Forest Degradation (REDD+): Transaction Costs of Six Peruvian Projects

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dc.contributor.author Thompson, Olivia R. Rendón
dc.contributor.author Paavola, Jouni
dc.contributor.author Healey, John R.
dc.contributor.author Jones, Julia P. G.
dc.contributor.author Baker, Timothy R.
dc.contributor.author Torres, Jorge
dc.date.accessioned 2013-05-10T19:17:20Z
dc.date.available 2013-05-10T19:17:20Z
dc.date.issued 2013 en_US
dc.identifier.uri https://hdl.handle.net/10535/8806
dc.description.abstract "Reduced Emissions from Deforestation and Forest Degradation (REDD+) has received strong support as a major component of future global climate change policy. The financial mechanism of REDD+ is payment for the ecosystem service of carbon sequestration in tropical forests that is expected to create incentives for conservation of forest cover and condition. However, the costs of achieving emissions reduction by these means remain largely unknown. We assess the set-up, implementation, and monitoring costs, i.e., collectively the transaction costs, of six of the first seven REDD+ project designs from the Peruvian Amazon and compare them with established projects in Brazil and Bolivia. The estimated costs vary greatly among the assessed projects from US$0.16 to 1.44 ha-1 yr-1, with an average of US$0.73 ha-1 yr-1, though they are comparable to earlier published estimates. The results indicate that the costs of implementing REDD+ are highly uncertain for participating developing countries because of issues such as inadequate project design and how additionality is determined. Furthermore, some insight is obtained into how different activities to reduce deforestation and forest degradation, the type of implementer, and project location affect implementation costs of REDD+ projects. Even with these first estimates, the cost of preserving existing intact forests in the Peruvian Amazon may have been underestimated." en_US
dc.language English en_US
dc.subject Amazon River region en_US
dc.subject REDD en_US
dc.subject implementation en_US
dc.subject transaction costs en_US
dc.title Reducing Emissions from Deforestation and Forest Degradation (REDD+): Transaction Costs of Six Peruvian Projects en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Case Study en_US
dc.coverage.region South America en_US
dc.coverage.country Peru en_US
dc.subject.sector Forestry en_US
dc.identifier.citationjournal Ecology and Society en_US
dc.identifier.citationvolume 18 en_US
dc.identifier.citationnumber 1 en_US
dc.identifier.citationmonth March en_US


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