What opportunities are there for carbon finance in the forest sector?
Emissions due to deforestation and unsustainable agricultural practices contribute 20 percent of current greenhouse gas emissions and are a significant part of the global warming problem. At the same time, forestry and agriculture are part of the solution because they offer the potential for large “carbon sinks”, i.e. stores of carbon. Emissions from land systems can be reduced by protecting and conserving carbon in existing vegetation and soils, or additional carbon can be taken up from the atmosphere and stored through activities such as reforestation or revegetation. Actions to enhance carbon sinks are also referred to as land use, land-use change and forestry (LULUCF) activities.
