Since 2003, China has implemented a large-scale forest devolution reform by giving villages the right to devolve tenure rights of collectively owned forests to households. Some villages chose no reform, and the forest continued to be owned and controlled by the village committee. In other villages, the reform was adopted and forests became owned and managed by individual households. In a third group, the reform was adopted and forests became household owned but are managed jointly.

Climate change mitigation in developing countries is increasingly expected to generate co-benefits that help meet sustainable development goals. This has been an expectation and a hotly contested issue in REDD+ (reducing emissions from deforestation and forest degradation) since its inception.

Forests in lower-income countries provide a global public good, carbon sequestration. REDD, "reduced emissions from deforestation and forest degradation" is a performance-based payment designed to align private incentives at the country level with the socially optimal level of forest loss. This review article focuses on the distributional implications of REDD, specifically on whom the burdens and benefits fall. First, REDD implementation has proven more difficult and costly than originally anticipated.

In this paper, we use geospatial data and difference-in-differences models to identify the deforestation effects, during 2000-2013, of the leading forest policies in the Peruvian Amazon: i) logging concessions, ii) third-party certification of concessions, and iii) Protected Areas (PAs). We find that on average logging concessions have no effect on tree-cover loss, while the PAs do reduce loss. Further, the PAs allowing limited private extraction save more forest than do more restrictive PAs.

Deforestation and forest fragmentation are leading drivers of biodiversity loss. Protected areas have been the leading conservation policy response, yet their scale and scope remain inadequate to meet biodiversity conservation targets. Managed forest concessions increasingly have been recognized as a complement to protected areas in meeting conservation targets.