A Review of Carbon Forest Development in China

This paper provides an overview of China's climate mitigation policy related to the forestry sector, with a special focus on the development of carbon forests which are established to mitigate climate change. A total of 3.5 million ha of carbon forest were planted in the past decade. In recent years, the number of Voluntary Emission Reduction forest carbon projects has increased rapidly. The main challenges for future development of carbon forests under market mechanisms include increasing costs, uncertainty in the future supply and demand for China-certified emission reduction, and potential disputes between households and project developers.