Abstract
This article analyses the twin objectives of conserving carbon and biodiversity through results based payments coming from implementation of ‘reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests, and enhancement of forest carbon stocks’ (collectively known as REDD+) activities in tropical countries. Possible ways to amalgamate the international carbon and biodiversity markets have been explored. Forest carbon stock can be conserved through financing mechanisms under both, compliance and voluntary structures of the carbon market. Most of the tropical countries are developing economies that need capacity building, technology transfer and financial support to efficiently reduce deforestation and conserve biodiversity. Under the New York Declaration on Forests, countries have taken collective voluntary targets to reduce deforestation. An estimation of potential emission reduction from reduced deforestation through voluntary targets in selected tropical countries has been presented.
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Dube, L.C. (2019). Conserving Carbon and Biodiversity Through REDD+ Implementation in Tropical Countries. In: Behnassi, M., Pollmann, O., Gupta, H. (eds) Climate Change, Food Security and Natural Resource Management . Springer, Cham. https://doi.org/10.1007/978-3-319-97091-2_15
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