This report describes current markets for forest carbon sequestration, the potential for using forest to offset other sources of greenhouse gas emissions, and the drawbacks related to forest carbon sequestration efforts.

There are opportunities for forest owners and ranchers to participate in emerging carbon markets and contribute to climate change mitigation through carbon-oriented forest and range mgmt. activities. These activities often promote sustainable forestry and ranching and broader conservation goals while providing a new income stream for landowners. The authors describe current carbon market opportunities for landowners, discuss common steps they must undergo to take advantage of these opportunities, and address related questions. Also provides a synthesis of the existing scientific literature on how different forest and range mgmt. practices are thought to contribute to carbon sequestration, including current debates on this topic.

REDD+ is one of the leading near-term options for global climate change mitigation. More than 300 subnational REDD+ initiatives have been launched across the tropics, responding to both the call for demonstration activities in the Bali Action Plan and the market for voluntary carbon offset credits.

Explores the potential for financing small-scale high-benefit sustainable development projects through the voluntary and retail sector of the carbon market.