Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives

This paper summarizes work in progress by the Silviculture and Natural Forests Management Project (PROSIBONA) CATIE-COSUDE' on quantification and valuation of carbon sink service in humid tropical forests. The study deals specifically with secondary forests and the possibility for this ecosy...

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Main Authors:	Ortiz, Rosalba, Ramírez, Octavio, Finegan, Bryan
Format:	Conferencia
Language:	Inglés
Published:	2015
Online Access:	https://repositorio.catie.ac.cr/handle/11554/7035

id	RepoCATIE7035
record_format	dspace
spelling	RepoCATIE70352021-12-22T19:22:51Z Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives Ortiz, Rosalba Ramírez, Octavio Finegan, Bryan This paper summarizes work in progress by the Silviculture and Natural Forests Management Project (PROSIBONA) CATIE-COSUDE' on quantification and valuation of carbon sink service in humid tropical forests. The study deals specifically with secondary forests and the possibility for this ecosystem to be an option for Costa Rican joint implementation initiatives. The results demonstrated the economic potential of secondary forests for its carbon sink service, . basically for carbon storage. According to our calculations, if all of Costa Rican secondary forests were included in joint implementation accounting at the current negotiated price of US$10 tC stored, they could generate an estimated US$77.3 million during a period of 20 years that the current "carbon parking" schemes are promoted. If international negotiations determines that Joint Implementation Initiatives should use current best knowledge on marginal costs of global warming, preliminary valuation results suggest, that carbon storage by Costa Rican secondary forests could generate US$127.4 millions product of one time discounted economic benefits and carbon sequestration reach a value of US$308 per hectare per year. According with this study, promoting the preservation of secondary forest ecosystem Costa Rica could mitigate current and avoid future CO2 emissions. 2015-05-28T20:20:07Z 2015-05-28T20:20:07Z Conferencia https://repositorio.catie.ac.cr/handle/11554/7035 CATIE CATIE en Ecology and management of tropical secondary forest: Science, people and policy ; Turrialba (Costa Rica) 10-12 Nov 1997 application/pdf
institution	Centro Agronómico Tropical de Investigación y Enseñanza
collection	Repositorio CATIE
language	Inglés
description	This paper summarizes work in progress by the Silviculture and Natural Forests Management Project (PROSIBONA) CATIE-COSUDE' on quantification and valuation of carbon sink service in humid tropical forests. The study deals specifically with secondary forests and the possibility for this ecosystem to be an option for Costa Rican joint implementation initiatives. The results demonstrated the economic potential of secondary forests for its carbon sink service, . basically for carbon storage. According to our calculations, if all of Costa Rican secondary forests were included in joint implementation accounting at the current negotiated price of US$10 tC stored, they could generate an estimated US$77.3 million during a period of 20 years that the current "carbon parking" schemes are promoted. If international negotiations determines that Joint Implementation Initiatives should use current best knowledge on marginal costs of global warming, preliminary valuation results suggest, that carbon storage by Costa Rican secondary forests could generate US$127.4 millions product of one time discounted economic benefits and carbon sequestration reach a value of US$308 per hectare per year. According with this study, promoting the preservation of secondary forest ecosystem Costa Rica could mitigate current and avoid future CO2 emissions.
format	Conferencia
author	Ortiz, Rosalba Ramírez, Octavio Finegan, Bryan
spellingShingle	Ortiz, Rosalba Ramírez, Octavio Finegan, Bryan Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
author_facet	Ortiz, Rosalba Ramírez, Octavio Finegan, Bryan
author_sort	Ortiz, Rosalba
title	Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
title_short	Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
title_full	Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
title_fullStr	Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
title_full_unstemmed	Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives
title_sort	co2 mitigation service of costa rican secondary forests as an economic alternative for joint implementation initiatives
publishDate	2015
url	https://repositorio.catie.ac.cr/handle/11554/7035
work_keys_str_mv	AT ortizrosalba co2mitigationserviceofcostaricansecondaryforestsasaneconomicalternativeforjointimplementationinitiatives AT ramirezoctavio co2mitigationserviceofcostaricansecondaryforestsasaneconomicalternativeforjointimplementationinitiatives AT fineganbryan co2mitigationserviceofcostaricansecondaryforestsasaneconomicalternativeforjointimplementationinitiatives
_version_	1808116258874327040

Co2 mitigation service of Costa Rican secondary forests as an economic alternative for joint implementation initiatives

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