Mitigating Climate Change in the Amazon Rainforest Flashcards
What year was REDD introduced?
2008
What does REDD stand for?
Reduce Emissions from Deforestation and Forest degradation
What is REDD?
To create an incentive for delveloping countries and TNC’s to reduce their emissions
How does the Carbon Credit scheme work?
Carbon credits are awarded to firms who meet their emissions targets or countries that protect their rainforests. these credits have financial value and can be sold, creating a financial incentive for firms and counties to meet their climate targets.
What are some pros of the REDD and Carbon Credit scheme?
- mitigates climate change
- protecting the rainforest provides sustainable livelyhoods for local people
What are some cons of the REDD scheme and the Carbon Credit scheme?
- rich firms can employ legal teams to manipulate numbers
- voluntary
- hard to monitor
- not clear how REDD is financed
What does ITTA stand for?
International Tropical Timber Agreement
What is the International Tropical Timber Agreement?
An agreement with loggers and forest managers to ensure that all wood that is logged is stamped and recorded to avoid illegal logging and ensure vulnerable parts of the rainforest are not over logged.
when was the International Tropical Timber Agreement started?
1983
What is selective logging?
It is a timber harvesting practice which involves the removal of only specific trees, such as those of high value such as Mahogany.