| Forests play a key role in tackling climate change. Emissions from land use change, primarily deforestation, are estimated to contribute up to 17% of global greenhouse gas (GHG) emissions-the third largest source of anthropogenic GHG emissions after energy supply and industrial activity.1 Forests also play a key role in the provision of biodiversity (as well as other non-carbon ecosystem services), harboring at least 50% of the global terrestrial richness in species, mainly in the tropics. As REDD discussions under the UNFCCC have evolved, the biodiversity community has shown increasing interest in the potential for REDD to contribute to biodiversity conservation and sustainable use.REDD, through an 1PES framework, offers an opportunity to bundle payments for reduce emissions with payments for biodiversity conservation. Bundling payments for reduced emissions and biodiversity conservation in this way allows for cost-sharing between the multiple beneficiaries of REDD projects. This paper outlines potential cost-sharing between carbon investors financing reduced emissions and beneficiaries of biodiversity conservation provide by REDD.(1) Two possible mechanisms for bundling payments are discussed. One scheme combines finances from general biodiversity beneficiaries as a whole with carbon investments in REDD through a global fund; the other one matches payments from specific biodiversity beneficiaries with investment in REDD through a payment'partnership'between both groups.(2) This paper also advises that in China we can use the China Green Foundation (CGF) as a platform to combine the payments from carbon investment and the payments from the general or specific biodiversity conservation beneficiaries. We hope that through the two mechanisms we can get both the carbon emission and biodiversity conservation benefits by the cost-sharing. (3) This study proposes the suggestions of China's forestry police in joining international climate forestry issues negotiations. |
PDF Full Text Request