'Carbon' in forest carbon projects: Evidence from India. (9th August 2022)
- Record Type:
- Journal Article
- Title:
- 'Carbon' in forest carbon projects: Evidence from India. (9th August 2022)
- Main Title:
- 'Carbon' in forest carbon projects: Evidence from India
- Authors:
- Aggarwal, Ashish
- Abstract:
- ABSTRACT: This research assesses the carbon claims of two forest carbon projects in the states of Haryana and Himachal Pradesh in India, which are being supported by European Union and World Bank respectively. This research finds that both the projects had sequestered only 37% and 3% of the carbon estimated in the project documents up to their first verification period. Only one of the projects i.e., Himachal Pradesh project could earn 38% of the projected credits. Haryana project could not claim carbon credits as more than half of the participants had left the project due to various issues. Haryana and Himachal projects have reported high costs of USD 0.5 million and USD 1.83 million respectively. Both the projects have become unsustainable early in their lifecycle due to low or no carbon revenues, high costs and other governance issues. The available empirical evidence from across the globe also suggests high costs and mixed results on carbon from the forest carbon projects. Hence, it is imperative to revisit the established narrative of 'big and cheap carbon' with the robust empirical evidence before further scaling up of the forest carbon projects.
- Is Part Of:
- Climate and development. Volume 14:Number 7(2022)
- Journal:
- Climate and development
- Issue:
- Volume 14:Number 7(2022)
- Issue Display:
- Volume 14, Issue 7 (2022)
- Year:
- 2022
- Volume:
- 14
- Issue:
- 7
- Issue Sort Value:
- 2022-0014-0007-0000
- Page Start:
- 625
- Page End:
- 634
- Publication Date:
- 2022-08-09
- Subjects:
- Climate Change -- Carbon -- Forests -- India -- A/R CDM
Climatic changes -- Periodicals
Climatic changes -- Environmental aspects -- Periodicals
Climatic changes -- Economic aspects -- Periodicals
Global temperature changes -- Environmental aspects -- Periodicals
363.7387405 - Journal URLs:
- http://www.earthscan.co.uk/JournalsHome/CDEV/tabid/29957/Default.aspx ↗
http://www.ingentaconnect.com/content/earthscan/cdev ↗
http://www.tandfonline.com/toc/tcld20/current ↗
http://www.tandfonline.com/ ↗ - DOI:
- 10.1080/17565529.2021.1956873 ↗
- Languages:
- English
- ISSNs:
- 1756-5529
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 23405.xml