Forest carbon management and carbon trading: A review of Canadian forest options for climate change mitigation

Abstract

Forests have significant potential to mitigate climate change. Canada has 30% of the world's boreal forests. The ratification of the Kyoto Protocol commoditized carbon (C) on an international scale. To achieve Canada's emission reduction targets and mitigate climate change, the potential of forest C offset projects and forest C trading is being evaluated. Carbon trading and forest C management have economic and policy implications and potential trade-offs in other forest management objectives. We discuss how forest C management and trading can contribute to global efforts for atmospheric greenhouse gas emissions reduction through either utilization and/or conservation strategies.