Designing REDD+ Contracts to Resolve Additionality Issues
Resource and Energy Economics, pp. 1-17, 2018.
D82, O13, Q23, Q54
•We ground the REDD+ scheme as a contractual relationship between countries.•We compare a results-based contract and a conditionality-based contract.•Informational rents paid to forest countries in each contract go in an opposite way.•A general contract can be offered in which the instrument proposed is endogenous.•Dividing countries in t...More
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