This paper tackles the complex issue of how to include regenerating indigenous forest in a domestic carbon credit system. The paper specifically addresses New Zealand conditions but most of the issues and conclusions are relevant in any developed country with indigenous regrowth. The paper begins by defining the constraints that any sink policy must meet. I begin by discussing environmental integrity, and in particular measurement and monitoring, "human-induced" change, and permanence. I then outline the international rules as they stand and how these could be translated into domestic rules.
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Paper provided by Motu Economic and Public Policy Research in its series Working Papers with number
03_15.
Find related papers by JEL classification: Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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