Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru

Currently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate...

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Autores principales: Goñas Goñas, Malluri, Rojas Briceño, Nilton B., Gómez Fernández, Darwin, Iliquín Trigoso, Daniel, Atalaya Marin, Nilton, Cajas Bravo, Verónica, Díaz Valderrama, Jorge R., Maicelo Quintana, Jorge L., Oliva Cruz, Manuel
Formato: info:eu-repo/semantics/article
Lenguaje:Inglés
Publicado: MDPI 2024
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Acceso en línea:https://hdl.handle.net/20.500.12955/2467
https://doi.org/10.3390/f15030500
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author Goñas Goñas, Malluri
Rojas Briceño, Nilton B.
Gómez Fernández, Darwin
Iliquín Trigoso, Daniel
Atalaya Marin, Nilton
Cajas Bravo, Verónica
Díaz Valderrama, Jorge R.
Maicelo Quintana, Jorge L.
Oliva Cruz, Manuel
author_browse Atalaya Marin, Nilton
Cajas Bravo, Verónica
Díaz Valderrama, Jorge R.
Goñas Goñas, Malluri
Gómez Fernández, Darwin
Iliquín Trigoso, Daniel
Maicelo Quintana, Jorge L.
Oliva Cruz, Manuel
Rojas Briceño, Nilton B.
author_facet Goñas Goñas, Malluri
Rojas Briceño, Nilton B.
Gómez Fernández, Darwin
Iliquín Trigoso, Daniel
Atalaya Marin, Nilton
Cajas Bravo, Verónica
Díaz Valderrama, Jorge R.
Maicelo Quintana, Jorge L.
Oliva Cruz, Manuel
author_sort Goñas Goñas, Malluri
collection Repositorio INIA
description Currently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate the economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru, using the economic indicators of NPV, EIRR, and the benefit–cost ratio. For this purpose, 53 small cocoa producers of the APROCAM cooperative were involved, from which data were obtained on the general characteristics of the production system, production and maintenance costs, indirect costs, and administrative costs; in addition, the costs of implementation and maintenance of an environmental services project were calculated to finally make a cash flow projected over 5 years. As part of the results, the economic analysis was carried out on 104.25 hectares of cocoa belonging to the total number of farmers evaluated, who reported an average yield of 957.32 kg of dry cocoa per he. In addition, it was found that the production cost is PEN 3.91/kg of dry cocoa, and the average selling price is PEN 7.38/kg of dry cocoa. After the economic analysis, it was found that the implementation of an environmental services project is profitable (NPV = PEN 1,454,547.8; EIRR = 44% and B/C = 1.86). These results open up an opportunity for cocoa farmers to diversify and increase their income by contributing to climate change mitigation.
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spelling INIA24672024-04-02T17:01:39Z Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru Goñas Goñas, Malluri Rojas Briceño, Nilton B. Gómez Fernández, Darwin Iliquín Trigoso, Daniel Atalaya Marin, Nilton Cajas Bravo, Verónica Díaz Valderrama, Jorge R. Maicelo Quintana, Jorge L. Oliva Cruz, Manuel Environmental services Production costs Cocoa NPV EIRR B/C Sensitivity analysis Cacao https://purl.org/pe-repo/ocde/ford#4.01.06 Production costs Costos de producción Theobroma cacao Carbon sequestration Secuestro de carbono Agroforestry systems Sistemas agroforestales Currently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate the economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru, using the economic indicators of NPV, EIRR, and the benefit–cost ratio. For this purpose, 53 small cocoa producers of the APROCAM cooperative were involved, from which data were obtained on the general characteristics of the production system, production and maintenance costs, indirect costs, and administrative costs; in addition, the costs of implementation and maintenance of an environmental services project were calculated to finally make a cash flow projected over 5 years. As part of the results, the economic analysis was carried out on 104.25 hectares of cocoa belonging to the total number of farmers evaluated, who reported an average yield of 957.32 kg of dry cocoa per he. In addition, it was found that the production cost is PEN 3.91/kg of dry cocoa, and the average selling price is PEN 7.38/kg of dry cocoa. After the economic analysis, it was found that the implementation of an environmental services project is profitable (NPV = PEN 1,454,547.8; EIRR = 44% and B/C = 1.86). These results open up an opportunity for cocoa farmers to diversify and increase their income by contributing to climate change mitigation. 2024-04-02T17:01:37Z 2024-04-02T17:01:37Z 2024-03-08 info:eu-repo/semantics/article Goñas, M.; Rojas-Briceño, N.; Gómez Fernández, D.; Iliquín, D.; Atalaya, N.; Cajas, V.; Díaz, J.; Maicelo, J.; & Oliva-Cruz, M. (2024). Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru. Forests, 15(3), 500. doi: 10.3390/f15030500 1999-4907 https://hdl.handle.net/20.500.12955/2467 https://doi.org/10.3390/f15030500 eng urn:issn:1999-4907 Forests info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by/4.0/ application/pdf application/pdf MDPI CH Instituto Nacional de Innovación Agraria Repositorio Institucional - INIA
spellingShingle Environmental services
Production costs
Cocoa
NPV
EIRR
B/C
Sensitivity analysis
Cacao
https://purl.org/pe-repo/ocde/ford#4.01.06
Production costs
Costos de producción
Theobroma cacao
Carbon sequestration
Secuestro de carbono
Agroforestry systems
Sistemas agroforestales
Goñas Goñas, Malluri
Rojas Briceño, Nilton B.
Gómez Fernández, Darwin
Iliquín Trigoso, Daniel
Atalaya Marin, Nilton
Cajas Bravo, Verónica
Díaz Valderrama, Jorge R.
Maicelo Quintana, Jorge L.
Oliva Cruz, Manuel
Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title_full Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title_fullStr Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title_full_unstemmed Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title_short Economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru
title_sort economic profitability of carbon sequestration of fine aroma cacao agroforestry systems in amazonas peru
topic Environmental services
Production costs
Cocoa
NPV
EIRR
B/C
Sensitivity analysis
Cacao
https://purl.org/pe-repo/ocde/ford#4.01.06
Production costs
Costos de producción
Theobroma cacao
Carbon sequestration
Secuestro de carbono
Agroforestry systems
Sistemas agroforestales
url https://hdl.handle.net/20.500.12955/2467
https://doi.org/10.3390/f15030500
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