Cash for carbon: A randomized trial of payments for ecosystem services to reduce deforestation

Author:

Jayachandran Seema1ORCID,de Laat Joost2,Lambin Eric F.34,Stanton Charlotte Y.5,Audy Robin6,Thomas Nancy E.7ORCID

Affiliation:

1. Department of Economics, Northwestern University, 2211 Campus Drive, Evanston, IL 60208, USA.

2. Porticus, Post Office Box 7867, 1008 AB Amsterdam, Netherlands.

3. School of Earth, Energy and Environmental Sciences and Woods Institute for the Environment, Stanford University, 473 Via Ortega, Stanford, CA 94305, USA.

4. Georges Lemaître Centre for Earth and Climate Research, Earth and Life Institute, Université catholique de Louvain, Place Louis Pasteur 3, 1348 Louvain-la-Neuve, Belgium.

5. Carnegie Institution for Science, 260 Panama Street, Stanford, CA 94305, USA.

6. Independent researcher, 9 Harrison Street, Somerville, MA 02143, USA.

7. Geospatial Innovation Facility, University of California, Berkeley, 111 Mulford Hall, Berkeley, CA 94720, USA.

Abstract

Ecosystem protection payments pay off Trees take up a lot of CO 2 , so one approach to reducing the rate of increase in atmospheric CO 2 levels is to reduce the cutting down of trees. Jayachandran et al. evaluated a program in which forest owners in Uganda were paid to not cut down their trees. Encouragingly, payments did reduce deforestation, and owners did not compensate by cutting down trees in neighboring forests. Furthermore, even in a scenario where cutting resumed after payments ceased, the beneficial delay in CO 2 release from cut trees, as quantified by the social cost of carbon, outweighed the monetary cost. Science , this issue p. 267

Funder

National Science Foundation

Global Environment Facility

International Initiative for Impact Evaluation

Publisher

American Association for the Advancement of Science (AAAS)

Subject

Multidisciplinary

Reference44 articles.

1. Global Carbon Budget 2015

2. N. Stern The Economics of Climate Change: The Stern Review (Cambridge Univ. Press Cambridge UK 2006).

3. G. J. Nabuurs et al . in Climate Change 2007: Mitigation of Climate Change. Contributions of Working Group III to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change M. Apps E. Calvo Eds. (Cambridge Univ. Press New York 2007) pp. 542–584.

4. United Nations Framework Convention on Climate Change (FCCC) Paris Agreement 21st Conference of the Parties to the 1992 UNFCCC Paris France 30 November to 12 December 2015.

5. Direct Payments to Conserve Biodiversity

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