Kyoto Protocol
It is an irony that the Clean Development Mechanism (CDM)
of the Kyoto Protocol currently excludes tree-crop plantations
like coconut, oil palm and rubber from carbon sequestration credits.
This is surprising since these long-lived perennial plantations are very
similar to forest plantations in the carbon benefits they offer.
While the only major commercial product of the forests is timber, in
addition to timber, the plantation crops give regular harvests of fruit
or latex providing renewable energies (oil as a substitute
for petroleum fuel, biomass and biogas) and substitution products (natural
latex as a substitute for synthetic rubber) which make them readily compliant
with other CDM projects. Also, in the case of coconut, most of the palms
are owned by smallholders who comply with other main CDM goals like poverty
alleviation and sustainability.
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