Impact of the voluntary carbon market on tropical forest countries – implications for corresponding adjustments (July 2022)

This study, funded by the Environmental Defense Fund, estimates the capacity of tropical forest countries to meet forecasted corporate demand for forest-based credits. Three scenarios are developed for host country ambition and for future carbon credit demand, over two periods: 2021-2030 and 2021-2050. The study finds that growing corporate demand for carbon credits could significantly aid tropical forest countries in achieving their national climate with potential implications for applying corresponding adjustments under Article 6 of the Paris Agreement.

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