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Investments in reforestation and reducing emissions from deforestation and degradation (REDD) have the potential to mitigate greenhouse gas accumulation; sustain ecosystem services that support human and ecological communities; and generate sustainable livelihoods for poor, forest-dependent people. But as a new form of property, forest carbon presents legal complications that no jurisdiction has completely untangled. This guide is designed to help community members, government leaders, lawyers, treaty negotiators, NGO advocates, and carbon investors do legal due diligence to understand forest carbon as property in order to support and develop sustainable forest carbon projects.