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Institutional Determinants of Success Among Forestry-Based Carbon Sequestration Projects in Sub-Saharan Africa

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  • Reynolds, Travis W.
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    Abstract

    This paper contributes to the debate on the economic and social implications of carbon forestry through the study of 42 programs in Africa using carbon offset payments to fund tree-planting activities. Such projects may be understood as multi-layered collective action problems: growing trees for carbon offsets requires not only international financial incentives to plant trees, but also local institutions to monitor, impose sanctions, and distribute benefits. Consistent with economic theories, large projects appear to realize economies of scale. Contrary to expectations, community-based projects on lower-quality sites often successfully generate and sell offsets, while private for-profit initiatives appear susceptible to collapse.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0305750X11002233
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    Bibliographic Info

    Article provided by Elsevier in its journal World Development.

    Volume (Year): 40 (2012)
    Issue (Month): 3 ()
    Pages: 542-554

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    Handle: RePEc:eee:wdevel:v:40:y:2012:i:3:p:542-554

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    Web page: http://www.elsevier.com/locate/worlddev

    Related research

    Keywords: common pool resource; collective action; carbon offset; ecosystem service; forest; Africa;

    References

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    1. Agrawal, Arun, 2001. "Common Property Institutions and Sustainable Governance of Resources," World Development, Elsevier, vol. 29(10), pages 1649-1672, October.
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    7. Klooster, Daniel, 2000. "Institutional Choice, Community, and Struggle: A Case Study of Forest Co-Management in Mexico," World Development, Elsevier, vol. 28(1), pages 1-20, January.
    8. Golub, Alla & Hertel, Thomas & Lee, Huey-Lin & Rose, Steven & Sohngen, Brent, 2009. "The opportunity cost of land use and the global potential for greenhouse gas mitigation in agriculture and forestry," Resource and Energy Economics, Elsevier, vol. 31(4), pages 299-319, November.
    9. Nygren, Anja, 2005. "Community-based forest management within the context of institutional decentralization in Honduras," World Development, Elsevier, vol. 33(4), pages 639-655, April.
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    11. Barrett, Christopher B. & Lee, David R. & McPeak, John G., 2005. "Institutional Arrangements for Rural Poverty Reduction and Resource Conservation," World Development, Elsevier, vol. 33(2), pages 193-197, February.
    12. Reynolds, Travis W. & Farley, Joshua & Huber, Candice, 2010. "Investing in human and natural capital: An alternative paradigm for sustainable development in Awassa, Ethiopia," Ecological Economics, Elsevier, vol. 69(11), pages 2140-2150, September.
    13. Gibson, Clark C. & Williams, John T. & Ostrom, Elinor, 2005. "Local Enforcement and Better Forests," World Development, Elsevier, vol. 33(2), pages 273-284, February.
    14. Michaelowa, Axel & Jotzo, Frank, 2005. "Transaction costs, institutional rigidities and the size of the clean development mechanism," Energy Policy, Elsevier, vol. 33(4), pages 511-523, March.
    15. Benin, Samuel & Pender, John, 2006. "Collective action in community management of grazing lands: the case of the highlands of northern Ethiopia," Environment and Development Economics, Cambridge University Press, vol. 11(01), pages 127-149, February.
    16. Corbera, Esteve & Brown, Katrina, 2008. "Building Institutions to Trade Ecosystem Services: Marketing Forest Carbon in Mexico," World Development, Elsevier, vol. 36(10), pages 1956-1979, October.
    17. Shahi, Chander & Kant, Shashi, 2007. "An evolutionary game-theoretic approach to the strategies of community members under Joint Forest Management regime," Forest Policy and Economics, Elsevier, vol. 9(7), pages 763-775, April.
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    Cited by:
    1. Shames, Seth & Bernier, Quinn & Masiga, Moses, 2013. "Development of a participatory action research approach for four agricultural carbon projects in east Africa:," CAPRi working papers 113, International Food Policy Research Institute (IFPRI).

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