It is widely agreed that worldwide deforestation is bad for the environment. It is responsible for about 10% of climate-change emissions and leads to massive reductions in biodiversity. The shrinkage of the Amazonian rainforest—the most well-known example of deforestation—reached a peak of 2.8 million hectares in 2004, an area almost the size of Belgium.
So how can we protect forests? This article explores the dfferent policy options and shows that we need more evidence on how these policies perform in practice.