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Working paper on what VN needs to do to prepare for REDD; highlights the need for major FLEG improvements. Includes DOF comments.
[...]the economic viability of REDD schemes will depend on the profitability of alternative land uses. Oil palm agriculture has become a major driver of tropical deforestation over the last few decades. ... we model and compare the profitability of converting forest to oil palm versus conserving it for an REDD project[. ...]converting a hectare of forest for palm oil production will be more profitable to land owners than preserving it for carbon credits [..]restricted to voluntary carbon markets. Giving REDD credits price parity with carbon credits traded in compliance markets would boost the profitability of avoided deforestation.
Role of satellite remote sensing in REDD, Issues paper, UN-REDD, 13 October 2008.
