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Analysis and Development Suggestions of International Forest Carbon Sink Projects—Based on VCS Project Considerations

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DOI: 10.25236/edbm.2020.007

Author(s)

Min Huang, Ruicong Zhang, , Wenmin Huang

Corresponding Author

Min Huang

Abstract

It has been more than 20 years since the signing of the Kyoto Protocol, and carbon sinks and carbon sink transactions have also undergone considerable development. A variety of emission rights unit carriers, mechanisms, and types of carbon sink projects have been developed in parallel. As an important part of the international carbon sink trading system, what is the development of the forest carbon sink project? This article selects the VCS project as the representative of the forest carbon sink project as the entry point, and summarizes and organizes the data of the VCS project, so as to statistically analyze the development status and uncertainty and risk of the VCS project. Finally, based on the international carbon sink trading According to the development situation, four suggestions are given to attach importance to the non-carbon benefits of carbon sink projects, open the carbon sink market, multiple mechanisms in parallel, constantly explore new paths, new methods, and standardize the market trading system.

Keywords

Forest Carbon Sink Project, Status Analysis, Development Proposal, VCS Project