A review of research on forest-related environmental markets (including certification schemes, bioenergy, carbon markets and other ecosystem services)

This review analyses the major themes extant across 199 research articles published in various peer-reviewed forestry and economics journals between January 2002 and June 2009 on the topic of forest-related environmental markets. The reviewed articles are categorized according to four areas of research: forest stewardship and sustainable supply chain certification; renewable energy generation from woody biomass; forest-based greenhouse gas emissions offsets and carbon markets; and ecosystem services from forests. Two key research questions are identified for future research: (1) how can certification schemes be used to promote ecologically and socially sustainable bioenergy generation from forest-related feed stocks and (2) how can certification schemes be used to promote ecologically and socially sustainable afforestation-based greenhouse gas emissions offsets that offer broader social and ecosystem benefits on appropriate regional scales?