‘Carbon’ in forest carbon projects
Evidence from India
Bibliographic Data
| ID | 21791919 |
|---|---|
| Authors | Ashish Aggarwal (0000-0002-2838-7409, Indian Institute of Management Lucknow, corresponding author) |
| Year | 2022 |
| Volume | 14 |
| Issue | 7 |
| Pages | 625-634 |
| Publication date | 2022-08-09 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Climate and Development (JOURNAL) |
| Journal identifiers | ISSN: 1756-5529 • E-ISSN: 1756-5537 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/17565529.2021.1956873 |
| OpenAlex | W3193601990 |
| Language | EN |
| Citations received | 4 |
| References cited | 32 |
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
Business · Carbon credit · Carbon fibers · Carbon finance · Carbon market · Corporate governance · Economics · Empirical evidence · Greenhouse gas · Natural resource economics · Revenue · Climate Change Policy and Economics · Conservation, Biodiversity, and Resource Management · Forest Management and Policy · Mathematics · Ecology · Finance
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Balance sheet in the Redd
What is Redd+ achieving on the ground
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Improving forest governance or messing it up? Analyzing impact of forest carbon projects on existing governance mechanisms with evidence from India
Insights from the ground level? A content analysis review of multi-national Redd+ studies since 2010
Deforestation and the Paris climate agreement
Estimating the opportunity costs of activities that cause degradation in tropical dry forest
Carbon Forestry and Sociospatial Difference
Agrarian livelihoods under siege
Promising Change, Delivering Continuity
Estimating Smallholder Opportunity Costs of Redd
Linking Mitigation and Adaptation in Carbon Forestry Projects
Reducing or creating poverty? Analyzing livelihood impacts of forest carbon projects with evidence from India
Roots of inequity
Is Redd+ effective, efficient, and equitable? Learning from a Redd+ project in Northern Cambodia
Costs, cobenefits, and community responses to Redd
Land tenure and Redd
Balancing carrots and sticks in Redd
| Unique citing works | 4 |
|---|---|
| Citations per year | 1 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |