Capturing the value of forest carbon for local livelihoods: opportunities under the clean development mechanisms of the Kyoto protocol
Projects implemented as part of the Clean Development Mechanism (CDM) of the Kyoto Protocol will have the dual mandate of reducing greenhouse gas emissions and contributing to sustainable development. It is not yet clear what, if any, forestry activities will be eligible for CDM. Nor is it known what rules will guide the implementation of CDM projects. These decisions have important implications for poor people who live in and around forests in developing countries.