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Project leader(s):
Leo Peskett
Project team:
Cecilia Luttrell, David Brown
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Project status: Complete
- Further project information:
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Research aiming to identify ways in which the voluntary carbon markets might be made more beneficial for the poor. Specific research themes include: - Identifying the opportunities and constraints that the market presents to the poor, by comparison with markets under the Kyoto Protocol mechanisms;
- Determining appropriate institutional arrangements for carbon offset projects and
- A comparative study of emerging greenhouse gas standards and their implications for the poor.
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A project.
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Authors: Leo Peskett, Cecilia Luttrell and David Brown
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The volume of private finance flowing through the voluntary carbon market has increased significantly over recent years, with an eight-fold rise from around five million to 43 million dollars between 2004 and 2005 alone. A significant proportion of these funds is destined for the developing world. What is likely to happen to all this money? Will it be used to the benefit of the developing world, providing new opportunities for growth and poverty reduction, or will it be used to satisfy commercial and industrial interests in the north, to the detriment of southern interests?
- 6 pages
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ODI Forestry Briefings
series.
This resources was an output of the following ODI project: Voluntary carbon markets and the poor
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