NDLI: Carbon Monitoring Costs and their Effect on Incentives to Sequester Carbon through Forestry

Content Provider	Springer Nature Link
Author	Cacho, Oscar J. Wise, Russell M. MacDicken, Kenneth G.
Copyright Year	2004
Abstract	Technically, forestry projects have thepotential to contribute significantly tothe mitigation of global warming, but manysuch projects may not be economicallyattractive at current estimates of carbon(C) prices. Forest C is, in a sense, a newcommodity that must be measured toacceptable standards for the commodity toexist. This will require that credible Cmeasuring and monitoring procedures be inplace. The amount of sequestered C that canbe claimed by a project is normallyestimated based on sampling a number ofsmall plots, and the precision of thisestimate depends on the number of plotssampled and on the spatial variability ofthe site. Measuring C can be expensive andhence it is important to select anefficient C-monitoring strategy to makeprojects competitive in the C market. Thispaper presents a method to determinewhether a forestry project will benefitfrom C trading, and to find the optimalmanagement strategy in terms of forestcycle length and C-monitoring strategyA model of an Acacia mangiumplantation in southern Sumatra, Indonesiais used to show that forestry projects canbe economically attractive under a range ofconditions, provided that the project islarge enough to absorb fixed costs.Modeling results indicate that between 15and 38 Mg of Certified Emission Reductions(CERs) per hectare can be captured by thesimulated plantation under optimalmanagement, with optimality defined asmaximizing the present value of profitsobtained from timber and C. The optimalcycle length ranged from 12 to 16 years andthe optimal number of sample plots rangedfrom 0 to 30. Costs of C monitoring (inpresent-value terms) were estimated to bebetween 0.45 (Mg C)$^{-1}$ to 2.11 (MgC)$^{-1}$ depending on the spatialvariability of biomass, the variable costsof C monitoring and the discount rate.
Starting Page	273
Ending Page	293
Page Count	21
File Format	PDF
ISSN	13812386
Journal	Mitigation and Adaptation Strategies for Global Change
Volume Number	9
Issue Number	3
e-ISSN	15731596
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2004-01-01
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Meteorology/Climatology Climate Change Environmental Management
Content Type	Text
Resource Type	Article
Subject	Ecology Global and Planetary Change

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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