A recently released report from the Australian National University's Centre for Climate Law and Policy cautions that the Australian experience with measurement and projection of deforestation emissions should send a warning signal to the world.
Market-based instruments for reducing emissions from deforestation and forest degradation--and for increasing forest sinks in developing countries--will almost certainly accompany any binding post2012 international climate regime. These instruments, collectively known as REDD-plus, would support schemes in which countries would receive credits for reducing net deforestation emissions below a preset baseline. The credits could be sold in carbon markets and used by purchasing nations to meet their international mitigation obligations.
The report, authored by Andrew Macintosh, Associate Director of the Centre, claims that for the past 20 years, Australia has had the highest rate of deforestation in the developed world.
'Three hundred and seventy thousand hectares of "Kyoto forests" were cleared annually between 1990 and 2007, resulting in the emission of ~80 MtC[O.sub.2]-e/year,' says Macintosh. 'Australia is also the only …