In this paper we analyze the impact of introducing avoided deforestation credits into the European carbon market using a multiregional Computable General Equilibrium model. Taking into account political concerns over a possible "flooding" of REDD credits, various limits to the number of REDD allowances entering the carbon market are considered. Finally, unlike previous studies, we account for both direct and indirect effects occurring on land and timber markets resulting from lower deforestation rates
REDD in the carbon market : a general equilibrium analysis / F. Bosello, F. Eboli, R. Parrado, R. Rosa. - 2010:142(2010).
REDD in the carbon market : a general equilibrium analysis
F. BoselloPrimo
;
2010
Abstract
In this paper we analyze the impact of introducing avoided deforestation credits into the European carbon market using a multiregional Computable General Equilibrium model. Taking into account political concerns over a possible "flooding" of REDD credits, various limits to the number of REDD allowances entering the carbon market are considered. Finally, unlike previous studies, we account for both direct and indirect effects occurring on land and timber markets resulting from lower deforestation rates
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