A little REDD model to quickly compare possible baseline and policy scenarios for reducing emissions from deforestation and forest degradation

A simple model allows rapid comparison of typical baseline and policy scenarios which might be considered under international programs to avoid CO2 emissions caused by forest clearing, such as REDD (Reducing Emissions from Deforestation and Forest Degradation). These tests of REDD policy scenarios can also include CO2 stored in forest products. The value of avoided emissions can also be determined if expected carbon prices, constant or varying, are included. The paper discusses simple illustrative example comparisons as well as possible feedback effects within larger scale setting of CO2 offset availability, CO2 price and emissions reductions.