"Commissioned by the Prime Minister, the Review is an independent report to government, prepared by Johan Eliasch with the support of the Office of Climate Change." Includes bibliographical references (pages 241-250) and index.

Introduction -- Forests, climate change and the global economy -- The drivers of deforestation -- Sustainable production and poverty reduction -- The costs of mitigation -- A long-term framework for tackling climate change -- The current international climate change framework -- Transition to a long-term framework -- Effective targets for reducing forest emissions -- Measuring and monitoring emissions from forests -- Linking to carbon markets -- Governance and distribution of finance -- The funding gap and capacity building -- Conclusions. "Climate Change: Financing Global Forests is an independent report commissioned by the UK Prime Minister to address this vitally important issue. It assesses the impact of global forest loss on climate change and explores the future role of forests in the international climate change framework, with particular emphasis on the role of international finance. It also looks at the economic and policy drivers of deforestation and describes the incentives required to ensure more sustainable production of agriculture and timber in order to meet global demand while reducing carbon emissions." "The report draws on a wide range of international expertise and will have significant national, EU and international interest and influence. It includes new modelling and analysis of the global economic impact of continued deforestation and provides a comprehensive assessment of the opportunity and capacity-building costs of addressing the problem. It shows that the benefits of halving deforestation could amount to $3.7 trillion over the long term. However, if the international community does not act, the global economic cost of climate change caused by deforestation could amount to $12 trillion." "In this comprehensive and detailed report, Johan Eliasch makes a clear and forceful case for forests to be included in international carbon trading mechanisms. He calls for the international community to support forest nations to halve deforestation by 2020 and to make the global forest sector carbon neutral by 2030"--Jacket.