Jul 5, 2023
New Accounting Methods Could Rebuild Confidence in Forest Carbon Markets
CIFOR Forests News
“There is essentially a contract involved where some parties promise to reduce forest carbon emissions, and other parties promise to provide recognition, rewards, or compensation for that, so we need an accounting system to implement the contract,” said Erin Sills, a professor of forest economics at North Carolina State University and a CIFOR-ICRAF senior associate.