Strengthening Carbon Financing for Grassland Management in the People's Republic of China

Potential Carbon Markets

Nonfiction, Science & Nature, Technology, Agriculture & Animal Husbandry, Science, Earth Sciences, Business & Finance, Economics
Cover of the book Strengthening Carbon Financing for Grassland Management in the People's Republic of China by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292543761
Publisher: Asian Development Bank Publication: February 1, 2014
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292543761
Publisher: Asian Development Bank
Publication: February 1, 2014
Imprint: Asian Development Bank
Language: English

Carbon emissions trading markets are one of the main policy mechanisms of the People's Republic of China (PRC) to encourage the reduction of greenhouse gas emissions. Grasslands cover 40% of the PRC's land area, and these contain large amounts of carbon. Restoration and sustainable management of these grasslands have large greenhouse gas mitigation potential. This publication assesses the potential of carbon market mechanisms to support the achievement of grassland policy objectives. It also reviews the state of national policy regarding climate change mitigation, particularly carbon markets, and outlines opportunities and challenges in producing carbon offsets from grasslands.

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Carbon emissions trading markets are one of the main policy mechanisms of the People's Republic of China (PRC) to encourage the reduction of greenhouse gas emissions. Grasslands cover 40% of the PRC's land area, and these contain large amounts of carbon. Restoration and sustainable management of these grasslands have large greenhouse gas mitigation potential. This publication assesses the potential of carbon market mechanisms to support the achievement of grassland policy objectives. It also reviews the state of national policy regarding climate change mitigation, particularly carbon markets, and outlines opportunities and challenges in producing carbon offsets from grasslands.

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