ABSTRACT
Cambodia’s most recent wave of conservation interventions promote market-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.
