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January 1, 2007
This report presents a framework for estimating the costs to tropical nations of implementing REDD programs, and applies it to the Brazilian Amazon. Calculations are made of the opportunity costs of forest conservation, and of the costs of reducing forest carbon emissions to close to zero over a ten year period. An initial assessment is made of the benefits of these reductions to Brazilian society, and some elements of the institutional arrangements necessary to manage this new market are presented.
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