This book contributes to our understanding of linkages between carbon management and local livelihoods by taking sk of the existing evidence and drawing on field experiences in the Hindu Kush Himalayan (HKH) region, an area that provides fresh water to more than 2 billion people and supports the world’s largest population of pastoralists and millions of livesk. This edited volume addresses two main questions: 1. Does carbon management offer livelihood opportunities or present risks, and what are they? 2. Do the attributes of carbon financing alter the nature of livelihood opportunities and risks? Chapters analyze the most pressing deficiencies in understanding carbon storage in both soils and in above ground biomass, and the related social and economic challenges associated with carbon sequestration projects. Chapters deliver insights to both academics from diverse disciplines (natural sciences, social sciences and engineering) and to policy makers.