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DOI | 10.1038/s41558-023-01815-0 |
Realizing the social value of impermanent carbon credits | |
Balmford, Andrew; Keshav, Srinivasan; Venmans, Frank; Coomes, David; Groom, Ben; Madhavapeddy, Anil; Swinfield, Tom | |
发表日期 | 2023 |
ISSN | 1758-678X |
EISSN | 1758-6798 |
英文摘要 | Efforts to avert dangerous climate change by conserving and restoring natural habitats are hampered by concerns over the credibility of methods used to quantify their long-term impacts. Here we develop a flexible framework for estimating the net social benefit of impermanent nature-based interventions that integrates three substantial advances: (1) conceptualizing the permanence of a project's impact as its additionality over time; (2) risk-averse estimation of the social cost of future reversals of carbon gains; and (3) post-credit monitoring to correct errors in deliberately pessimistic release forecasts. Our framework generates incentives for safeguarding already credited carbon while enabling would-be investors to make like-for-like comparisons of diverse carbon projects. Preliminary analyses suggest nature-derived credits may be competitively priced even after adjusting for impermanence. Nature-based solutions are essential to avoid climate crisis, yet how best to estimate their long-run effects is unclear. Here the authors propose a new dynamic accounting method that captures the impermanence of these carbon impacts, allowing investors to make robust comparisons across projects. |
英文关键词 | EMISSION REDUCTIONS; OFFSETS; POLICY; COST |
WOS研究方向 | Environmental Sciences ; Environmental Studies ; Meteorology & Atmospheric Sciences |
WOS记录号 | WOS:001095085500002 |
来源期刊 | Nature Climate Change
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/282522 |
作者单位 | University of Cambridge; University of Cambridge; University of Cambridge; University of London; London School Economics & Political Science; University of Cambridge; University of Exeter |
推荐引用方式 GB/T 7714 | Balmford, Andrew,Keshav, Srinivasan,Venmans, Frank,et al. Realizing the social value of impermanent carbon credits[J],2023. |
APA | Balmford, Andrew.,Keshav, Srinivasan.,Venmans, Frank.,Coomes, David.,Groom, Ben.,...&Swinfield, Tom.(2023).Realizing the social value of impermanent carbon credits.Nature Climate Change. |
MLA | Balmford, Andrew,et al."Realizing the social value of impermanent carbon credits".Nature Climate Change (2023). |
条目包含的文件 | 条目无相关文件。 |
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