학술논문

The status of forest carbon markets in Latin America.
Document Type
Academic Journal
Author
Blanton A; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; Elliott School of International Affairs, George Washington University, Washington, DC, United States of America.; Mohan M; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; Department of Geography, University of California - Berkeley, Berkeley, CA, United States of America. Electronic address: mikey@ecoresolve.eco.; Galgamuwa GAP; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea.; Watt MS; Scion, 10 Kyle St, Christchurch, 8011, New Zealand.; Montenegro JF; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; University of Liverpool Management School, University of Liverpool, Liverpool, United Kingdom; School of Engineering, Fundación Universitaria Compensar, Bogota, Colombia.; Mills F; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea.; Carlsen SCH; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea.; Valasquez-Camacho L; Ecoresolve, San Francisco, CA, United States of America; Unit of Applied Artificial Intelligence, Eurecat, Centre Tecnològic de Catalunya, 08005, Barcelona, Spain; Department of Agricultural and Forest Sciences and Engineering, University of Lleida, 25198 Lleida, Spain.; Bomfim B; Climate and Ecosystem Sciences Division, Lawrence Berkeley National Laboratory, Berkeley, CA, United States of America.; Pons J; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea.; Broadbent EN; School of Forest, Fisheries, and Geomatics Sciences, University of Florida, Gainesville, FL, United States of America.; Kaur A; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; School of Natural Resources and Environment, University of Florida, Gainesville, FL, United States of America.; Direk S; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; European Enterprise Alliance/ United Nations Development Programme, Brussels, Belgium.; de-Miguel S; Department of Agricultural and Forest Sciences and Engineering, University of Lleida, 25198 Lleida, Spain; Forest Science and Technology Centre of Catalonia (CTFC), 25280 Solsona, Spain.; Ortega M; Forest Fire Laboratory (LABIF). Department of Forest Engineering. University of Cordoba, 14071, Cordoba, Spain.; Abdullah M; Ecoresolve, San Francisco, CA, United States of America; Department of Geography, Sultan Qaboos University, Muscat, Oman; Department of Ecology and Conservation Biology, Texas A&M University, College Station, TX, United States of America.; Rondon M; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea.; Wan Mohd Jaafar WS; Ecoresolve, San Francisco, CA, United States of America; Earth Observation Centre, Institute of Climate Change, Universiti Kebangsaan Malaysia, 43600, Bangi, Selangor, Malaysia.; Silva CA; Forest Biometrics and Remote Sensing Lab (Silva Lab) - School of Forest Resources and Conservation, University of Florida, Gainesville, FL, 32611, United States of America.; Cardil A; Department of Agricultural and Forest Sciences and Engineering, University of Lleida, 25198 Lleida, Spain; Forest Science and Technology Centre of Catalonia (CTFC), 25280 Solsona, Spain; Tecnosylva, S.L Parque Tecnológico de León, 24004, León, Spain.; Doaemo W; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; Department of Civil Engineering, Papua New Guinea University of Technology, Lae, 00411, Papua New Guinea.; Ewane EB; Ecoresolve, San Francisco, CA, United States of America; Morobe Development Foundation (via United Nations Volunteering Program), Lae, 00411, Papua New Guinea; Department of Geography, Faculty of Social and Management Sciences, University of Buea, P.O. BOX 63, Buea, Cameroon.
Source
Publisher: Academic Press Country of Publication: England NLM ID: 0401664 Publication Model: Print-Electronic Cited Medium: Internet ISSN: 1095-8630 (Electronic) Linking ISSN: 03014797 NLM ISO Abbreviation: J Environ Manage Subsets: MEDLINE
Subject
Language
English
Abstract
Tropical rainforests of Latin America (LATAM) are one of the world's largest carbon sinks, with substantial future carbon sequestration potential and contributing a major proportion of the global supply of forest carbon credits. LATAM is poised to contribute predominantly towards high-quality forest carbon offset projects designed to reduce emissions from deforestation and forest degradation, halt biodiversity loss, and provide equitable conservation benefits to people. Thus, carbon markets, including compliance carbon markets and voluntary carbon markets continue to expand in LATAM. However, the extent of the growth and status of forest carbon markets, pricing initiatives, stakeholders, amongst others, are yet to be explored and extensively reviewed for the entire LATAM region. Against this backdrop, we reviewed a total of 299 articles, including peer-reviewed and non-scientific gray literature sources, from January 2010 to March 2023. Herein, based on the extensive literature review, we present the results and provide perspectives classified into five categories: (i) the status and recent trends of forest carbon markets (ii) the interested parties and their role in the forest carbon markets, (iii) the measurement, reporting and verification (MRV) approaches and role of remote sensing, (iv) the challenges, and (v) the benefits, opportunities, future directions and recommendations to enhance forest carbon markets in LATAM. Despite the substantial challenges, better governance structures for forest carbon markets can increase the number, quality and integrity of projects and support the carbon sequestration capacity of the rainforests of LATAM. Due to the complex and extensive nature of forest carbon projects in LATAM, emerging technologies like remote sensing can enable scale and reduce technical barriers to MRV, if properly benchmarked. The future directions and recommendations provided are intended to improve upon the existing infrastructure and governance mechanisms, and encourage further participation from the public and private sectors in forest carbon markets in LATAM.
Competing Interests: Declaration of competing interest The authors declare that they have no potential real or perceived conflict of interest. Authors Marcela Rondon, Ewane Basil Ewane, Jorge F. Montenegro, Austin Blanton, Judith Pons, and Midhun Mohan, were employed by the company Ecoresolve Inc. The remaining authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.
(Copyright © 2023. Published by Elsevier Ltd.)