Forest carbon markets

photo: sarah cady

Much of the interest in REDD is animated by the possibility of incorporating forest carbon credits into international carbon compliance markets, such as the European Trading System (ETS). 

There are many reasons to be concerned about including forest carbon in compliance markets, particularly if forest carbon credits were to be used to offset developed countries’ industrial emissions.

ClientEarth’s Climate & Forest Programme is undertaking an extended scoping exercise to develop a comprehensive legal analysis of issues pertaining to how carbon markets might be deployed for REDD.