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Climate Change: Financing Global Forests



This Review was commissioned by the Prime Minister. The Review is an independent report to government, prepared by Johan Eliasch with the support of the Office of Climate Change. It aims to provide a comprehensive analysis of international financing to reduce forest loss and its associated impacts on climate change. It does so with particular reference to the international efforts to achieve a new global climate change agreement in Copenhagen at the end of 2009. The Review focuses particularly on the scale of finance required and on the mechanisms that can, if designed well, lead to effective reductions in forest carbon emissions to help stabilise greenhouse gases in the atmosphere and avoid the worst effects of climate change. It also examines how mechanisms to address forest loss can contribute to poverty reduction, as well as providing incentives to preserve other ecosystem services such as biodiversity and water services. This Review draws on a large amount of previous research in the literature, responses to a stakeholder consultation exercise and visits to various countries including forest nations in Latin America, Africa and south east Asia. A range of new research and analysis was undertaken by the Review Team and commissioned for the Review from international organisations and institutes. [Extractos: Preface, Executive Summary]

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