Forestry and the Kyoto Protocol Key Issues Joint ECE Timber Commmittee & FAO European Forestry Commission 9.-13. 10.2000 Contents • UNFCCC/GHG • Carbon storage • Kyoto Protocol & flexible mechanisms • Open questions • Role of FAO UNFCCC 1992 • Concern: Global warming • Cause: Greenhouse gas (GHG) emissions • Objective: Stabilization of GHG concentration in atmosphere What are GHG? Carbon Dioxide Methane Nitrous Oxide Hydrofluor carbons Perfluorcarbons Sulphur hexafluoride (CO2 ) (CH4 ) (N2O) (HFCs) (PFCs) (SF6 ) C-Emission Sources USA 1990 Fuel Combustion 88 % Industry 21% Transport 31% 12% Small combustion 35% Energy production Forestry practices to slow down CO2 accumulation in atmosphere Conservation Storage Substitution Global carbon stocks Oceans Atmosphere Soils Vegetation 39 000 Gt 760 Gt 2 000 Gt 500 Gt Forests as carbon stocks Forests world-wide: 46% of terrestrial C Tropical forests: 37% Soils: 50% Financial value of CDM sinks (billion US$/a) until 2020 until 2030 40–100 (Trexler) up to 150 (World Bank) Kyoto Protocol CoP 3 Kyoto, 12/1997 Objective: Reduction of GHG by at least 5 % (level 1990) in 2008-2012 Flexible mechanisms Joint implementation Clean development mechanism Emission trading CDM • Assist dev. countries (Non-Annex 1) • Annex I countries buy emission reductions achieved elsewhere meet ind. emission commitments Conditions for flexible mechanisms Voluntary Additional Baseline No leakage Open questions Definitions Accounting/methods Activities to be included in CDM Administration of sinks Definitions Forests & ARD Degradation Biological sources/sinks Additionality Leakage Accounting and methods • Baselines • Standards • C-balances • Measuring and accounting • Timeframe Presently uncertain Forests as sinks Forest management Impact of fires Sinks in products (C-substitution) Administration of sinks Verification M&E Certification Sanctions Financing, responsibility Linkages to other conventions Synergies of Conventions Biodiversity (CBD) Desertification (CCC) Wetlands (Ramsar) IPCC- Special Report on Land use Land use Change and Forestry submitted at SBSTA 12 in June 2000 Role of FAO • Repository of data • Information and advice • Custodian of methods, models • Neutral forum KP – Train is moving World Business Council GEF WB Prototype Carbon Fund Private initiatives