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The Political Economy of Sustainable Development: Policy Instruments and Market Mechanisms, by Timothy Cadman, Lauren Eastwood, Federico Lopez-Casero Michaelis, Tek Narayan Maraseni, Jamie Pittock & Tapan Sarker Edward Elgar, 2015, 272 pp, £80 hb. ISBN 9781783474837

Published online by Cambridge University Press:  24 October 2016

Amy Lawton*
Affiliation:
Birmingham Law School (United Kingdom)

Abstract

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Type
Book Reviews
Copyright
© Cambridge University Press 2016 

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References

1 The book studies the Clean Development Mechanism (CDM); REDD+; the Forest Stewardship Council (FSC); the Programme for the Endorsement of Forest Certification (PEFC); Forest Law Enforcement Governance and Trade (FLEGT); Payments for Ecosystem Services (PES); and the Biodiversity Offset Mechanism (BOM).

2 Lammerts van Beuren, E.M. & Blom, E.M., Hierarchical Framework for the Formulation of Sustainable Forest Management Standards (The Tropenbos Foundation, 1997), pp. 59 Google Scholar.

3 The 11 indicators are: inclusiveness, equality, resources, accountability, transparency, democracy, agreement, dispute settlement, behavioural change, problem solving, and durability.

4 Further basic information on the scheme can be found online at the UN-REDD Programme, available at: http://www.un-redd.org/aboutredd.

5 These sections are entitled ‘North/South Relations and State and Non-State Actors’ (p. 47), ‘Quality of Governance’ (p. 52), and ‘Analysis and Conclusions’ (p. 58).

6 The 6 recommendations can be summarized as follows: (1) governments need to engage more with business; (2) government environment agencies should support but not lead; (3) government economic agencies should be supported to lead; (4) new financial mechanisms to fund sustainable development should continue to be developed, drawing on earlier lessons; (5) a need to identify and support leadership from countries/sectors; and (6) a need to ensure national- and international-level interaction between governments.