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Walia Special Edition on the Bale Mountains (2011) - Zoologische ...

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Can Carb<strong>on</strong> C<strong>on</strong>tribute to C<strong>on</strong>servati<strong>on</strong> Financing? A Technical and Ec<strong>on</strong>omic<br />

Feasibility Analysis of REDD in <strong>the</strong> <strong>Bale</strong> <strong>Mountains</strong> Nati<strong>on</strong>al Park<br />

Anouska A. Kinahan 1* and Charlene Wats<strong>on</strong> 2<br />

1 FZS-BMCP, <strong>Bale</strong> <strong>Mountains</strong> Nati<strong>on</strong>al Park, PO BOx 165, Robe, <strong>Bale</strong>, Ethiopia<br />

2 Department of Geography & Envir<strong>on</strong>ment, and Grantham Research Institute <strong>on</strong> Climate Change<br />

and <strong>the</strong> Envir<strong>on</strong>ment, L<strong>on</strong>d<strong>on</strong> School of Ec<strong>on</strong>omics and Political Science, Hought<strong>on</strong> Street, L<strong>on</strong>d<strong>on</strong>,<br />

WC2A 2AE, United Kingdom<br />

*Email: anouskakinahan@fzs.org<br />

Abstract<br />

As <strong>the</strong> costs for c<strong>on</strong>servati<strong>on</strong> increase <strong>the</strong>re is a corresp<strong>on</strong>ding decrease in <strong>the</strong> funds available. This<br />

has meant that many protected areas need to examine opti<strong>on</strong>s for generating income for sustainable<br />

financing. Increasingly payment for ecosystem services and markets are becoming a popular <strong>the</strong>me<br />

for protected area managers to start examining. Within <strong>the</strong>se markets, carb<strong>on</strong> is am<strong>on</strong>g <strong>the</strong> most<br />

developed. REDD projects generate carb<strong>on</strong> credits by averting carb<strong>on</strong> dioxide (CO ) emissi<strong>on</strong>s into<br />

2<br />

<strong>the</strong> atmosphere through <strong>the</strong> reducti<strong>on</strong> or preventi<strong>on</strong> of deforestati<strong>on</strong> and degradati<strong>on</strong> that o<strong>the</strong>rwise<br />

would occur in <strong>the</strong> absence of such a project, making REDD initiatives directly in line with<br />

c<strong>on</strong>servati<strong>on</strong> objectives. There are many technical issues surrounding <strong>the</strong> implementati<strong>on</strong> of REDD<br />

in Nati<strong>on</strong>al Parks for example additi<strong>on</strong>ality and leakage. This study shows that in fact technically<br />

and ec<strong>on</strong>omically, REDD is a feasible opti<strong>on</strong> for <strong>the</strong> <strong>Bale</strong> <strong>Mountains</strong> Nati<strong>on</strong>al Park. It shows how<br />

it can address all <strong>the</strong> relevant technical issues and has <strong>the</strong> potential to generate sufficient funds to<br />

meet <strong>the</strong> optimal and critical costs of GMP implementati<strong>on</strong> while also taking into account revenue<br />

sharing with relevant stakeholders including <strong>the</strong> communities.<br />

Introducti<strong>on</strong><br />

Protected area financing<br />

Over <strong>the</strong> years Protected Area (PA) financing has become a key c<strong>on</strong>cern in global biodiversity and<br />

c<strong>on</strong>servati<strong>on</strong> debates. The 5th IUCN World Parks C<strong>on</strong>gress (2003), <strong>the</strong> 7th Meeting of <strong>the</strong> C<strong>on</strong>venti<strong>on</strong><br />

<strong>on</strong> Biological Diversity (COP7)(2004), and an internati<strong>on</strong>al meeting <strong>on</strong> biodiversity science and<br />

governance, hosted by UNESCO and <strong>the</strong> government of France (2005), all identified <strong>the</strong> lack of<br />

funding as a primary obstacle in achieving c<strong>on</strong>servati<strong>on</strong> goals. Fur<strong>the</strong>r, <strong>the</strong> decline and lack of<br />

financing in developing countries greatly limits <strong>the</strong> actual, or potential, c<strong>on</strong>tributi<strong>on</strong> that PAs make<br />

to poverty reducti<strong>on</strong> and sustainable development (Emert<strong>on</strong> et al. 2006), not least traditi<strong>on</strong>al goals of<br />

<str<strong>on</strong>g>Walia</str<strong>on</strong>g>-<str<strong>on</strong>g>Special</str<strong>on</strong>g> <str<strong>on</strong>g>Editi<strong>on</strong></str<strong>on</strong>g> <strong>on</strong> <strong>the</strong> <strong>Bale</strong> <strong>Mountains</strong> 295

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