Leakage from forest carbon sequestrationthe amount of a program’s direct carbon benefits undermined by carbon releases elsewheredepends critically on demanders’ ability to substitute non-reserved timber for timber targeted by the program. Analytic, econometric, and sector-level optimization...

Terrestrial (biological) carbon sequestration is the process by which carbon dioxide (CO2) is removed from the atmosphere through photosynthesis and stored in terrestrial stocks of biomass or soil organic carbon. A ton of carbon (or CO2 equivalent) sequestered in terrestrial systems can be used...