Crediting forest-related mitigation under international carbon market

This discussion paper examines the environmental risks and challenges associated with including forest offset credits in international carbon markets, specifically under Article 6 of the Paris Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

• The paper identifies several challenges to the environmental integrity of forest-related mitigation credits, specifically baseline determination, additionality, permanence, and leakage, alongside the need for environmental and social safeguards.
• While 'transfer-based finance'—where payments are made for the transfer of emission reduction or removal rights—could increase funding for forest protection, reduce mitigation costs, and provide non-carbon benefits, it introduces risks including an oversupply of offset credits and difficulties in securing long-term investment due to volatile market prices.
• The analysis concludes that while some risks of crediting forest-related mitigation are shared with other greenhouse gas (GHG) crediting programs, others are unique to or intensified by the nature of forest mitigation, all within the new context established by the Paris Agreement.

APA

NewClimate Institute (2018). Crediting forest-related mitigation under international carbon market. http://www.newclimate.org/resources/publications/crediting-forest-related-mitigation-under-international-carbon-market

Chicago

NewClimate Institute. Crediting forest-related mitigation under international carbon market. 2018. http://www.newclimate.org/resources/publications/crediting-forest-related-mitigation-under-international-carbon-market.

Wikipedia

{{cite report |author=NewClimate Institute |title=Crediting forest-related mitigation under international carbon market |date=19 September 2018 |url=http://www.newclimate.org/resources/publications/crediting-forest-related-mitigation-under-international-carbon-market |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2018crediting, author = {{NewClimate Institute}}, title = {{Crediting forest-related mitigation under international carbon market}}, institution = {NewClimate Institute}, year = {2018}, month = sep, url = {http://www.newclimate.org/resources/publications/crediting-forest-related-mitigation-under-international-carbon-market}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }