Carbon Finance
The aim of this paper is to help you expand and solidify your knowledge of carbon finance in general and supporting forest-based mitigation (and adaptation) in particular. It should thus contain three parts. The first part is to (1) outline the basic elements of a carbon pricing regime (taxation or cap and trade) and the related design considerations; (2) consider how to support forest-based emission reductions or removals, including issues related to accounting, crediting, and offsetting as part of the regime or otherwise; and (3) propose a general framework to assess the performance of such a regime. The second part is to discuss: (1) why and how to discount the future benefits of climate change mitigation and adaptation activities; and (2) possible pathway(s) to integrate different regimes/policiesand thus to seek national or even global cooperation on climate change.The third part is to address the following questions relevant to forest carbon finance: (1) How to conduct carbon accounting properly? (2) How to deal with perceived non-permanence and risk of forest carbon projects?Again, it should be ~9-10 pages in length (11-or 12-point font, double-spaced) with references and/or links (to online sources) on an additional page. Please post your paper in the Week 10 Dropbox or uploaded into the Discussion Forum of that week for all to read. Use the “Start a New Thread” button under the first topic, add attachment.
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