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BioCarbon Fund Experience : Insights from Afforestation and Reforestation Clean Development Mechanism Projects

Carbon finance recognizes the contribution of projects to mitigating climate change. To be able to access carbon finance, projects can certify their emission reductions under a variety of standards, one of which is the Clean Development Mechanism (...

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2017
Subjects:
AFFORESTATION
ANNUAL EMISSION
ANNUAL EMISSION REDUCTIONS
ANTHROPOGENIC EMISSION
ATMOSPHERE
BASELINE DETERMINATION
BIODIVERSITY CONSERVATION
BIOMASS
BIOMASS BURNING
CALCULATION
CARBON
CARBON CREDIT
CARBON CREDITS
CARBON DIOXIDE
CARBON FINANCE
CARBON MARKET
CARBON MARKETS
CARBON PAYMENTS
CARBON PROJECT
CARBON PROJECTS
CARBON REVENUES
CARBON SEQUESTRATION
CARBON STOCK
CARBON STOCK CHANGES
CERTAIN EXTENT
CERTIFICATION PROCESS
CERTIFIED EMISSION REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLEAN TECHNOLOGY
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CO
CO2
COMMUNITY DEVELOPMENT
COMMUNITY PARTICIPATION
DEGRADED AREAS
DEGRADED LANDS
DESERTIFICATION
DEVELOPED COUNTRIES
DISCOUNT RATES
DNA
ECOLOGY
ECONOMIC CONDITIONS
ECONOMICS
ECONOMIES OF SCALE
ECOSYSTEMS
EMISSION
EMISSION REDUCTIONS
EMISSION REDUCTIONS PURCHASE AGREEMENT
EMISSIONS
EMISSIONS FROM DEFORESTATION
ENVIRONMENTAL
ENVIRONMENTAL GOALS
ENVIRONMENTAL INTEGRITY
ENVIRONMENTS
FINANCIAL RESOURCES
FOREST
FOREST AREA
FOREST CARBON
FOREST CARBON STOCKS
FOREST DEGRADATION
FOREST INVENTORY
FOREST LANDS
FOREST MANAGEMENT
FOREST PROJECT
FOREST PROJECTS
FOREST RESTORATION
FORESTRY
FORESTRY ACTIVITIES
FORESTRY PROJECTS
FORESTRY SECTOR
FORESTS
FOSSIL FUELS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL
FUEL WOOD
GHG
GREENHOUSE
GREENHOUSE GAS
IMPACTS OF CLIMATE CHANGE
INCOME
INTERVENTIONS
IPCC
LAND TENURE
LAND USE
LAND-USE ACTIVITIES
LIVING CONDITIONS
LOCAL ENVIRONMENT
LOCAL PARTICIPATION
MITIGATING CLIMATE CHANGE
NATURAL CAPITAL
NEGATIVE IMPACTS
ORGANIC CARBON
QUALITY EMISSION REDUCTIONS
REDUCING EMISSIONS
RURAL AREAS
RURAL COMMUNITIES
RURAL DEVELOPMENT
RURAL ENERGY
STREAMS
SUSTAINABLE DEVELOPMENT
SUSTAINABLE FOREST
SUSTAINABLE FOREST MANAGEMENT
SUSTAINABLE MANAGEMENT
TIMBER
TOTAL EMISSION REDUCTIONS
TRANSACTION COSTS
TREE VEGETATION
VALIDATION PROCESS
VALIDATION REPORT
VERIFICATION PROCESS
VERIFICATION REPORT
WETLANDS
WILLINGNESS TO PAY
Online Access:http://documents.worldbank.org/curated/en/327231468336659605/BioCarbon-fund-experience-insights-from-afforestation-and-reforestation-clean-development-mechanism-projects
http://hdl.handle.net/10986/27108
Description
Summary:Carbon finance recognizes the contribution of projects to mitigating climate change. To be able to access carbon finance, projects can certify their emission reductions under a variety of standards, one of which is the Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCCC). Project developers can sell their carbon credits either in the voluntary or the regulated market. Since 2002, projects from diverse sectors have been applying the CDM modalities and procedures to generate Certified Emission Reductions (CERs) that are traded in the carbon market Afforestation/Reforestation (A/R) is one out of the 15 sectors that can generate carbon credits under the CDM. The purpose of this document is to share the experience of the BioCarbon Fund (BioCF) of the World Bank in developing and implementing 21 A/R CDM projects in 16 countries. This experience shows that the benefits associated with A/R CDM projects support the livelihood of rural people and their local environment in a significant manner. However, depending on their capacity, projects may struggle with getting credit certification and the associated benefits. This report presents the opportunities and challenges A/R CDM projects face and presents recommendations to facilitate their design and implementation as well as to scale them up significantly.

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