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Assessing the economic approaches to climate-forest policies: a critical surveyAuthor(s): Grace Y. Wong; R. Janaki R.
Source: World Resource Review 14(4): 1-20
Publication Series: Miscellaneous Publication
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DescriptionThe linkage between global climate change and forests have assumed political prominence as forest sinks are now acknowledged as a means for off-setting carbon dioxide (CO2) emissions under the Kyoto Protocol targets. As such, policies to stimulate forest carbon sequestration in an open economy will require varying levels of economic information to allow for decisions that are both eficient and sustainable. This paper reviews the various economic approaches that have been recently used to examine the impacts of climate-forest policies, and discusses their usefulness for policy analysis. A suite of integrated economic-ecologic models is also reviewed to contrast with the shortcomings of static single sector studies, and a series of guidelines for future integrated research in this area are highlighted.
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CitationWong, Grace Y.; R., R. Janaki. 2002. Assessing the economic approaches to climate-forest policies: a critical survey. World Resource Review 14(4): 1-20
KeywordsEconomic impact studies, climate-forest policy, carbon sequestration, climate change
- Life cycle impacts of forest management and wood utilization on carbon mitigation : knowns and unknowns
- Global climate change impacts on forests and markets
- Economic modeling of effects of climate change on the forest sector and mitigation options: a compendium of briefing papers
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