Realising REDD
View PublicationQuestions of tree tenure and rights over
carbon storage and sequestration are central to
making Reduced Emissions from Deforestation
and forest Degradation (REDD) work. Like other
countries with tropical high forests, Ghana is in
the early stages of grappling with the
opportunities and challenges posed by carbon
finance and REDD. One of the key challenges is
the development of a legal, policy and institutional
framework for REDD. The current legal and
regulatory structure for forestry in Ghana provides
indications of how carbon rights might be
managed, as well as some likely hurdles. While
options exist for creating stronger incentives for
tree planting and forest protection through REDD,
realizing the full economic potential calls for
demonstrating innovative applications of existing
mechanisms, as well as legal reforms.