The volume comes in an effort to provide a comprehensive work on biodiversity, conservation and development and regulation-related issues with respect to forests of India. It provides an overview of climate change and its impact on forestry, delving into the effects on emission of greenhouse gases. It gives an in-depth account of economics, development, marketing and financial aspects related to projects in the forestry sector, classifying forestry projects and assessing carbon potential of forestry projects. It identifies thrust areas and scope of forest carbon credit business. Examining data from studies conducts in countries, the attempt is also to analyse livelihood issues in forestry carbon projects and their policy-related and legal aspects—international regulations, required legislations, sources of disputes and managing with legal complications.