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This paper identifies conditions under which the Clean Development Mechanism and other carbon finance projects effectively generate genuine, “additional” carbon credits—relying on a systematic empirical investigation of afforestation/reforestation and bioenergy carbon finance projects across Tanzania, Uganda, and Moldova. At low global carbon prices, additionality was related to the interests of project...
Committed action to deal with climate change requires reducing greenhouse gas emissions, i.e., mitigation, as well as dealing with its ensuing consequences, i.e., adaptation. To date, most policies and projects have promoted mitigation and adaptation separately, and they have very rarely considered integrating these two objectives. In this article, we develop a multi-dimensional framework to explore...
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