Trading forest carbon to promote the adoption of reduced impact logging
The Clean Development Mechanism (CDM) of the Kyoto Protocol raised the hopes of many, that payment for carbon sequestration services would provide a significant incentive for sustainable management practices in industrial forestry in tropical countries. Data to assess how realistic these hopes are, remain scant and high degree of uncertainty about CDM rules make assessment hazardous. The analysis in this paper focuses on the potential for using carbon trading to stimulate adoption of reduced impact logging (RIL)-based sustainable forest management.