ABSTRACT
Cambodia’s most recent wave of conservation interventions promotemarket-based schemes that aim to secure forests by selling the ecosystem services they provide. Most prominent among them are performance-based payments to conserve the carbon stored in trees and forests, known as REDD, or ‘reducing emissions from deforestation and forest degradation’. 1 Driven by international efforts to mitigate climate change, these measures create a market for the carbon that is held in forests and soil, or ‘forest carbon’. A relative newcomer to forest carbon trade, Cambodia currently has six REDD projects under development, with two now close to monetising the resulting carbon credits.
