INDONESIANS TAKING THE LEAD: INTEGRATING COMMUNITY FORESTRY AND CARBON MARKET OPPORTUNITIES

摘要

Growing concerns over negative impacts of climate change effects have pressed the global community to address anthropogenic Greenhouse Gas Emissions (GHG). Beginning with the United Nations Framework Convention on Climate Change (UNFCCC) negotiated in 1992 and the Kyoto Protocol in 1997, legally binding emission reduction targets have paved the way for trading carbon credits generated by GHG reduction projects. In parallel to the Kyoto Protocol mechanisms, consumer demand for environmentally-friendly products and an increased importance of Corporate Social Responsibility (CSR) triggered the emergence of Voluntary Carbon Markets (VCM), with forests having a vital role in this market and in the global carbon cycle.