Open in TheBrain

Project & International level

<p>&nbsp;"Potential&nbsp;responsibility&nbsp;of&nbsp;parties&nbsp;involved&nbsp;in&nbsp;a&nbsp;REDD&nbsp;credit&nbsp;transaction&nbsp;would&nbsp;be&nbsp;

twofold&nbsp;in&nbsp;that&nbsp;regard.&nbsp;First,&nbsp;the&nbsp;project&nbsp;activity&nbsp;should&nbsp;be&nbsp;designed&nbsp;so&nbsp;as&nbsp;to&nbsp;prevent&nbsp;

leakage:&nbsp;a&nbsp;sound&nbsp;and&nbsp;effective&nbsp;REDD&nbsp;project&nbsp;should&nbsp;address&nbsp;the&nbsp;very&nbsp;causes&nbsp;of&nbsp;

deforestation&nbsp;or&nbsp;forest&nbsp;degradation&nbsp;so&nbsp;as&nbsp;to&nbsp;suppress&nbsp;and&nbsp;not&nbsp;displace&nbsp;the&nbsp;problem.&nbsp;

However,&nbsp;there&nbsp;is&nbsp;only&nbsp;so&nbsp;much&nbsp;an&nbsp;individual&nbsp;project&nbsp;can&nbsp;achieve&nbsp;in&nbsp;the&nbsp;absence&nbsp;of&nbsp;

similar&nbsp;incentives&nbsp;or&nbsp;obligations&nbsp;outside&nbsp;of&nbsp;the&nbsp;project&nbsp;boundaries.&nbsp;Second,&nbsp;under&nbsp;a&nbsp;

typical&nbsp;CDM&nbsp;project,&nbsp;the&nbsp;project&nbsp;developer&nbsp;is&nbsp;responsible&nbsp;for&nbsp;monitoring&nbsp;leakage&nbsp;

emissions.&nbsp;In&nbsp;the&nbsp;case&nbsp;of&nbsp;REDD,&nbsp;a&nbsp;project&nbsp;developer&nbsp;has&nbsp;limited&nbsp;capacity&nbsp;to&nbsp;monitor&nbsp;

activities&nbsp;outside&nbsp;of&nbsp;the&nbsp;boundaries&nbsp;of&nbsp;its&nbsp;project&nbsp;and&nbsp;to&nbsp;determine&nbsp;whether&nbsp;a&nbsp;specific&nbsp;

event&nbsp;would&nbsp;actually&nbsp;correspond&nbsp;to&nbsp;leakage.&nbsp;Yet,&nbsp;it&nbsp;is&nbsp;important&nbsp;that&nbsp;project&nbsp;&nbsp;developers&nbsp;

be&nbsp;required&nbsp;to&nbsp;contribute&nbsp;to&nbsp;monitoring&nbsp;and&nbsp;minimizing&nbsp;leakage&nbsp;emissions&nbsp;&nbsp;(e.g.,&nbsp;

monitoring&nbsp;of&nbsp;leakage&nbsp;is&nbsp;a&nbsp;requirement&nbsp;for&nbsp;REDD&nbsp;projects&nbsp;under&nbsp;the&nbsp;Voluntary&nbsp;&nbsp;Carbon&nbsp;

Standard;&nbsp;if&nbsp;leakage&nbsp;cannot&nbsp;be&nbsp;managed&nbsp;and&nbsp;monitored,&nbsp;a&nbsp;project&nbsp;would&nbsp;not&nbsp;&nbsp;qualify)."&nbsp;-

-&nbsp;ICF&nbsp;Report: </p>