Reducing Emissions from Deforestation and Forest Degradation (REDD) is a key focus for ESM, and MEDU researchers identified two promising approaches to REDD-based, emissions offsetting in the energy sector. These comprised (i) increasing risk-aversion of the energy producers, or exposing risk-averse behavior, and (ii) activating the benefit sharing mechanism.
In a similar vein, the group has advanced analysis of offsets and permits in the context of international carbon markets and investigated investment uncertainty. The group also made major improvements to its standalone fire model, and used it to model the burned areas in Europe under historical climate.
The Methods for Economic Decision-Making under Uncertainty (MEDU) group has identified promising approaches to emissions offsetting in the energy sector under Reducing Emissions from Deforestation and Forest Degradation (REDD) mechanism. These include increasing risk-aversion of energy producers, exposing risk-averse behavior, and activating a benefit-sharing mechanism. More
Last edited: 22 March 2016
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