Forests remain underutilized in both the European Union’s Climate and Energy Package, as well as in the United Nation’s Framework Convention on Climate Change's Post-Kyoto Climate Policy framework. The potential benefits forests can offer, both in terms of climate change mitigation (and adaptation) potential continue to be inadequately recognized. And the general climate change mitigation policy framework fails to provide adequate incentives for the increased production and utilization of forest resources.
Brian Murray, director of the Environmental Economics Program at the Nicholas Institute for Environmental Policy Solutions, will be among the speakers at a United Nations Climate Conference side event exploring both the extent to which forests are under-utilized, as well as some of the possible alternatives for improving the integration of forests in national, European Union, and Post-Kyoto climate policy frameworks. At the event, Murray will discuss complementary forms of finance for REDD+ and sustainable land use.