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Synergy effects of international policy instruments to reduce deforestation: a cross-country panel data analysis

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  • Solenn Leplay
  • Sophie Thoyer

Abstract

Safeguarding tropical rainforests is one of the most important challenges for the future, particularly to mitigate climate change. The international community has actively sought international policy solutions to curb deforestation in tropical countries. Debt-for-nature swaps and certification of sustainable forest management have been implemented by NGOs. Some states are currently negotiating the implementation of the REDD (Reduced Emissions from Deforestation and Degradation) mechanism, a North-South financial transfer to compensate countries for avoided deforestation. However, little is known about the efficiency of these instruments. We argue that they may have a double effect: an expected direct impact on deforestation linked to the conditionalities of instruments, and an indirect impact due to their feedback effects on macroeconomic variables, affecting in turn the drivers of deforestation. The second effect is often overlooked by policy makers [...].

Suggested Citation

  • Solenn Leplay & Sophie Thoyer, 2011. "Synergy effects of international policy instruments to reduce deforestation: a cross-country panel data analysis," Working Papers 11-01, LAMETA, Universitiy of Montpellier, revised Jan 2011.
  • Handle: RePEc:lam:wpaper:11-01
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    File URL: http://www.lameta.univ-montp1.fr/Documents/DR2011-01.pdf
    File Function: First version, 2011
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    References listed on IDEAS

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    1. Kahn, James R. & McDonald, Judith A., 1995. "Third-world debt and tropical deforestation," Ecological Economics, Elsevier, vol. 12(2), pages 107-123, February.
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    Cited by:

    1. Terheggen, Anne, 2010. "The new kid in the forest: the impact of China's resource demand on Gabon's tropical timber value chain," MPRA Paper 37982, University Library of Munich, Germany.
    2. Damette, Olivier & Delacote, Philippe, 2012. "On the economic factors of deforestation: What can we learn from quantile analysis?," Economic Modelling, Elsevier, vol. 29(6), pages 2427-2434.
    3. repec:cog:poango:v:5:y:2017:i:2:p:69-78 is not listed on IDEAS
    4. Damette, Olivier & Delacote, Philippe, 2011. "Unsustainable timber harvesting, deforestation and the role of certification," Ecological Economics, Elsevier, vol. 70(6), pages 1211-1219, April.

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