Executive summary: In this paper we investigate the impact of implementing REDD in the context of a global effort to combat climate change. Specifically, we explore the effects of incorporating REDD in international carbon markets. We expand on previous modelling efforts by simulating carbon market interactions under expanded Annex I commitments which are aligned with the goal of avoiding a greater than 2.0-2.4°C rise in global temperatures.
Num. pages: 33