Resumen
Carbon emission increases at an early stage of industrial expansion as a transition from overdependence on agriculture. Such industrial transformation is heavily dependent on energy-intensive technologies. Moreover, the degree of environmental awareness is very low in developing countries. According to the Environmental Performance Index 2012, Nepal is among the strongest performer. A new international carbon trade mechanism, called ?Reducing Emissions from Deforestation and Degradation? (REDD), has been proposed to curb global Greenhouse Gases (GHGs) emissions. Carbon trade entails the idea that industrialized countries pay developing countries to reduce deforestation and forest degradation. Nepal?s community forestry can reap benefits by participating in REDD, but it requires addressing a range of issues and challenges to mitigate underlying causes of deforestation and forest degradation. Ultimately this type of program would encourage local people for conservation and sustainable use of forest resources.DOI: http://dx.doi.org/10.3126/ije.v4i1.12181International Journal of Environment Volume-4, Issue-1, Dec-Feb 2014/15, page: 101-111