A key resource: manual on estimating opportunity costs of REDD+

Estimating the Opportunity Costs of REDD+A recent version II of the manual titled Estimating Opportunity Costs of REDD+ can be found here.

The manual was developed by ASB together with experts from the World Bank and the Forest Carbon Partnership Facility as a guide on how to estimate the cost of REDD+. It assists policy makers and project developers to gain knowledge and skills on how to determine costs that accrue because of not converting forests into other land uses. The manual addresses the calculation of costs and benefits of the various land use alternatives in relation to their carbon stocks and the identification of economic trade-offs involved in REDD+ activities and includes information on data collection, analysis and evaluation techniques.

The manual has had positive spinoffs since it was first published and has so far been used to facilitate workshops in Tanzania, Bangkok, Panama, Cameroon, Latin America and Indonesia. This learning process has offered new perspectives at multiple levels. Glenn Hyman, of International Centre for Tropical Agriculture (CIAT’s) Decision and Policy Analysis (DAPA) program  who organized the Latin America workshop notes, “ultimately, it’s really about getting the balance right between protecting the environment and protecting the livelihoods of those who depend on it. This training will allow countries to decide what is in their best interests when it comes to developing national plans for mitigating climate change, and in-turn, for establishing their negotiating positions during future REDD discussions.”

Peter Minang’, ASB’s Global Coordinator says that the manual has proven to be a great resource and ASB and the World Bank hopes to disseminate it widely to empower developing countries with skills and knowledge that will help develop effective REDD policies that generate multiple benefits to communities.

The manual is viewed as a first step towards estimating the costs of REDD and there are plans to improve and further explore its use and reach. Currently, ASB is working with UN-REDD in program in Panama to produce a detailed estimation of full opportunity costs of a REDD program in the country for a range of potential scenarios.

Read updates on opportunity costs trainings held in Latin America:

ASB manual guides REDD+ opportunity cost training in Peru

Counting the cost of land use change and REDD+ in Latin America

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