In the forestry sector, avoiding deforestation is recognized under the regulations of the CDM. This means that countries like Nepal that promote CFM and contribute to reducing global emission by biological sequestration of carbon through forest management can claim carbon credits under the CDM. The problem that this study addresses is whether CFM can be integrated into the market-based mechanism under the new climate change treaty for reducing global emission. It will analyses whether the carbon trading from REDD Strategy will actually benefit the local community.The total carbon stock of the...