Meeting global climate change mitigation targets will require enhanced nature-based
carbon sequestration, in which forest
carbon schemes play a major role. This is despite criticisms of forest carbon schemes' efficacy, social impacts, and downgrading
of other forest functions and services. Against this backdrop, we reviewed existing social science research on the governance
of terrestrial forest carbon schemes in Southeast Asia, a forest-rich
region with high deforestation rates that is in many respects
representative of the wider tropics. Our narrative review focused on four themes: (i) finance and the political economy; (ii) knowledge;
(iii) implementation; and (iv) inclusivity, equity, and justice for local communities. We found that forest carbon schemes
have been unable to compete with large-scale
drivers of deforestation, tend to privilege scientific and expert knowledge in relation
to carbon accounting and geospatial analyses, are significantly limited by national and local governance issues, and have
often not provided the intended benefits for local communities. The literature reviewed largely focuses on donor-supported
and
project-scale
REDD+. However, forest carbon governance is rapidly changing. We thus make the case for a governance research
agenda that focuses on jurisdictional approaches, increasing levels of private sector investment, the diversification of forest interventions,
and efforts to restore the legitimacy of forest carbon credits. These directions for future research are essential for
ensuring that forest carbon schemes contribute to effective climate change mitigation and the conservation of forest ecosystems
in just and equitable ways that benefit local communities in Southeast Asia and tropical latitudes more widely
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