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Abstract: Abstract: Abstract: Reducing Emissions from Deforestation and Forest Degradation (REDD+) is a policy currently under c onsideration b y t he U nited N ations F ramework Co nvention o n C limate C hange ( UNFCCC). This s tudy carries out a Nepal-specific research t o u nderstand R EDD+ p olicy's p otential r ole i n c arbon sequestration, b y ide ntifying t he e conomic a nd p referential r ationales that dr ive defo restation a nd degradation in community managed forests. The study explores four different land use options, making use of both c ommunity b ased s urvey a nd field data u sed t o g enerate net present v alue (N PV). B oth techniques give consistent results that, in the current economic situation, farmers prefer using land for livelihood purposes rather than solely for community forest management. This has a very strong implication for policymakers. First, the results imply that conversion and degradation are inevitable, thus placing community forest in imminent threat and making this risk reduction additionality in REDD+ terms. Furthermore, it shows that, to combat the drivers of deforestation and forest degradation, policies such as REDD+ need to provide enough financial incentives that will incur the opportunity costs and direct farmers towards the efficient use of community managed forest. K K K K Keyw w w w words: REDD+, additionality, l and u se o ptions, o pportunity c ost, c ommunity fo rest |
