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date: 13 November 2019

Abstract and Keywords

This chapter describes the current treatment of the land-use sector under the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol. It discusses how various financial incentive and accounting frameworks can complement each other under a future climate treaty. Despite recognizing the importance of forestry and agriculture, the climate change regime has failed to formulate incentives to encourage mitigation in the land-use sector while maintaining the ecological and social functions of landscapes. Unfortunately, the UNFCCC and the Kyoto Protocol only formulate a fragmented set of rules, incentives, and obligations. The Protocol considers forest emissions in developed countries, but fails to create incentives for the sector’s highest emissions reduction and carbon storage potential in developing countries. This phenomenon highlights the importance of a new future climate treaty. Its discussion creates an integrated accounting and incentive framework that facilitates the formulation of robust and complementary adaptation and mitigation strategies.

Keywords: Climate change, Environmental disputes, Pollution, United Nations (UN)

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