The country has no legislative framework covering environmental services, and current attempts to develop carbon projects are occurring in a policy vacuum. The only indication that the Government is planning to set up a system for regulating environmental services is the establishment of the National Climate Change Steering Committee, but it has not yet initiated any policy discussion on legislation for environmental services covering water, carbon and biodiversity related to forests.
Liberia’s REDD+ Readiness Preparation Proposal was finalised in April 2012 following a drafting process over 2011. It broadly acknowledges the need for a legal framework related to REDD+ and the importance of clarifying and securing carbon rights, but gives little indication of how these questions will be addressed beyond the suggestion that implementation of the Community Rights Law will empower "communities to have exclusive forest management rights for timber concessions, conservation and environmental services (including carbon sequestration)" (1).
(1) Readiness Preparation Proposal Country Submission for Liberia to the Forest Carbon Partnership Facility and United Nations REDD Programme (2012). Approved Resolution PC/9/2011/2–final version. Available at http://www.forestcarbonpartnership.org/fcp/sites/forestcarbonpartnership.org/files/Documents/PDF/Apr2012/Liberia%20R-%20PP_revised_April%202012.pdf