Voluntary Greenhouse Gas Reporting Forestry温室气体自愿报告林业.pptVIP

Project-Based Approaches vs. Comprehensive Policy Design Jeff FiedlerNatural Resources Defense Council November 1, 2003 Katoomba Group, Locarno What Are We Trying To Do? Design policy that can realize the potential: for forestry to contribute to climate solutions for carbon incentives to change land use Criteria: Scale Accurate assessment of benefits Administrative feasibility Political feasibility Policy Design Options Project-based offsets Extension of project-boundary: Entity-wide Landscape National Opt-in vs. Mandatory Non-trading policies: Tax policy Direct regulation/standards Incentives/subsidies Can Projects Achieve Potential? Cherry Picking: only credits, no debits Transaction costs reduce economies of scale Capacity limits for project participants, administrators, verifiers Do project methodologies still apply once projects become widespread, large-scale? Double-counting Structural policies difficult to handle Will we find credible rules, methodologies? Benefits of Comprehensiveness Greater coverage Reduce or eliminate cherry-picking Economies of scale for monitoring Reduce many transaction costs Avoid difficult project methodologies Reduce administrative costs Account for structural policies Capture multiple revenue streams Technical Issues Still need policies to translate national target into incentive for landowners Monitoring technical, cost limits Variability in land use sector could cause problems for meeting targets Public vs. private land treatment Permanence/Reversibility Timing of monitoring Practical and Political Issues Mandatory regulation of forest/ag sector Less suitable for some countries, regions Acceptability of greater role for sinks Cost for lands with no C changes Target setting and allocation: Potential glut of allowances Handling both +ve, -ve C projections Registry mechanics for debits Can it provide community benefits Final Questions Comprehensive accounting and project-based policies are fundamentally different Is comprehensiv