The Economics of REDD Through an Incidence of Burdens and Benefits Lens
Published in International Review of Environmental and Resource Economics, 2019
Recommended citation: Elizabeth J. Z. Robinson, Scott Somerville and Heidi J. Albers (2019), "The Economics of REDD through an Incidence of Burdens and Benefits Lens." International Review of Environmental and Resource Economics, 13(1-2): 165-202 https://www.nowpublishers.com/article/Details/IRERE-0108
Forests in lower-income countries provide a global public good, carbon sequestration. REDD, “reduced emissions from deforestation and forest degradation” is a performance-based payment designed to align private incentives at the country level with the socially optimal level of forest loss. This review article focuses on the distributional implications of REDD, specifically on whom the burdens and benefits fall.