- Volume 2 (2008), Issue 3
- Vol. 2 (2008), No. 3
- >
- Page 9
- p. 9
I. Legal Principles of Forest Carbon Forests, Carbon Markets, and Avoided Deforestation: Legal Implications
ests play an essential role in climate change mitigation. Forests store about 45% of the terrestrial carbon and have the potential to sequester large amounts of additional carbon. Carbon uptake by forests contributed to a “residual” 2.6 PgC year1/1 terrestrial carbon sink in the 1990s, amounting to approximately 33% of anthropogenic carbon emission from fossil fuel and land-use change.2 Landuse related activities, which include forestry, but also agriculture and land management, can contribute to the mitigation of climate change in various