Improving the Supply of Carbon Sequestration Services in Panama
| Autor: | Michael Lichtenfeld |
|---|---|
| Rok vydání: | 2007 |
| Předmět: |
Renewable Energy
Sustainability and the Environment business.industry Natural resource economics Geography Planning and Development Environmental resource management Carbon offset Perfect information Forestry Management Monitoring Policy and Law Carbon sequestration Private sector Ecosystem services Order (exchange) Kyoto Protocol business Database transaction Food Science |
| Zdroj: | Journal of Sustainable Forestry. 25:43-73 |
| ISSN: | 1540-756X 1054-9811 |
| DOI: | 10.1300/j091v25n01_03 |
| Popis: | Summary A global market for carbon sequestration services has emerged in recent years, driven both by regulations under the Kyoto Protocol and by private sector self-interests. However, the development of this market has been stymied by several factors, chief among them a tentative and dubious supply side. Land managers have been wary to enter the carbon market for three main reasons: high transaction and management costs, imperfect information, and a lack of institutional support. These factors have dissuaded potential suppliers from entering the market, even in the face of growing demand from governments and corporations looking to buy carbon sequestration services. As a nation with outstanding potential to capitalize on the global demand for carbon sequestration services, the Republic of Panama has much to gain from the maturation of a carbon market. In order to facilitate the growth of this market and stimulate the supply of carbon offset projects in Panama, policy mechanisms could be used by internat... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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