The hardback book 'Climate Mitigation and Carbon Finance: Global Initiatives & Challenges' authored by A.K. Sahoo provides an in-depth exploration of the Clean Development Mechanism (CDM) established by the Kyoto Protocol. By connecting carbon markets with sustainable development in developing countries, this book illustrates how carbon sequestration has become a globally traded commodity, positioning it as an avenue for economic benefits for land managers. Unlike traditional models that spread benefits over time, this innovative market structure offers direct incentives for land management and natural resource conservation. The book delves into the impact of forestry-based carbon finance mechanisms advocated by the United Nations Framework Convention on Climate Change (UNFCCC) on global carbon markets, particularly detailing the status of India’s carbon market, future prospects, and operational contexts. It elegantly simplifies complex topics including CDM Afforestation and Reforestation projects and serves as a reference guide with sequential methodologies addressing project design documents by the UNFCCC. This book is essential for professionals and stakeholders in climate policy, environmental economics, land management, and sustainable forestry initiatives.

*Disclaimer: The above description has been AI-generated and has not been audited or verified for accuracy. It is recommended to verify product details independently before making any purchasing decisions.