1. TYPES OF COMPARISONS OF FOREST SECTOR
RESPONSE OPTIONS
1.1. Project- us program-level analysis
Costs and benefits of global warming
response options can be examined at various
levels, such as the project level and the program
level. Costs and benefits should include not only
the monetary and greenhouse gas (GHG)
implications of a response option, but also
consequences such as impacts on the local
society and environment. A project-level
analysis limits its scope to the immediate area
of a project, and does not include changes
outside these narrow boundaries, such as
macro-economic effects of products produced
by the project, carbon consequences of the
output from the project (such as wood from
plantations) substituting for products that
would otherwise be coming from other sources,
or impacts of deforestation carried out by
people displaced by a plantation or other
project. These concerns would be included in a
program-level analysis, where scenarios for an
entire region or country are constructed with
and without the project, thereby allowing
assessment of overall GHG emissions, economic
well-being, etc.