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The potential perils of forest carbon contracts for developing countries

Cases from Africa

Bibliographic Data

ID23730413
AuthorsKyla Tienhaara (0000-0001-7148-7686, Queen's University, corresponding author)
Year2018
Pages315-336
Publication date2018-01-16
Peer ReviewedYes
Open AccessNo
TypeCHAPTER
VenueGreen Grabbing (SOURCE_BOOK)
PublisherRoutledge (PUBLISHER • GB)
DOI10.9774/gleaf.9781315829654_15
OpenAlexW2027159795
ISBN9781315829654
LanguageEN
References cited12

The importance of law, and investment contracts in particular, has been noted in recent discussions around ‘land grabbing’. This article extends a legal analysis to what has been termed ‘green grabbing’ in this special issue and argues that the contracts that shape foreign investment in carbon sequestration projects can pose substantial material risks for governments, local communities and even the environment. Investment contracts also present a formidable obstacle to the implementation of initiatives aimed at recognizing the rights of forest-dwelling peoples, particularly the right to participate in decision-making. The article draws on the experience of developing countries with the negotiation of investment contracts in traditional natural resource sectors and a small number of contracts from Sub-Saharan Africa that specifically deal with carbon sequestration to illustrate the problems that may arise in this new area of foreign investment.

Business · Developing country · Economic growth · Economics · Natural resource economics · Corporate Law and Human Rights · Environmental law and policy · Mining and Resource Management

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