Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Opportunity Costs of REDD

Opportunity Costs of REDD The study was done to assess the opportunity costs of REDD+ to the communities of Mufindi District which is located in the Southern Highlands of Tanzania. The specific objectives were, to identify and assess the economic value of alternative land uses, the aboveground carbon stock of Idewa Forest Reserve (IFR), and the profitability of each land use as compared to REDD+ incentives. Data were collected using questionnaire survey, key informant interview, and forest inventory and data were analyzed using the Excel programme. Results showed that the main land uses were agriculture and tree planting with economic values of $2958.52 and $3272.94 per ha per year, respectively. The total aboveground carbon was 39.23 t/ha (143.97/ha). The opportunity costs of REDD+ was varying depending on the price per ton of carbon. The opportunity costs of REDD+ will be profitable if the price per tCO2e will be at least $23. It can therefore be concluded that there is no general unit price per ton of carbon dioxide equivalent (tCO2e), as it depends on REDD+ opportunity cost when compared with alternative land uses within a particular place. Therefore we recommend opportunity costs of REDD+ to communities be used to guide decision making on unit prices of carbon. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Forestry Research Hindawi Publishing Corporation

Opportunity Costs of REDD

Download PDF
8 pages

Loading next page...
 
/lp/hindawi-publishing-corporation/opportunity-costs-of-redd-7w00RO5L00

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Hindawi Publishing Corporation
Copyright
Copyright © 2014 Faraji Nuru et al.
ISSN
1687-9368
eISSN
1687-9376
Publisher site
See Article on Publisher Site

Abstract

The study was done to assess the opportunity costs of REDD+ to the communities of Mufindi District which is located in the Southern Highlands of Tanzania. The specific objectives were, to identify and assess the economic value of alternative land uses, the aboveground carbon stock of Idewa Forest Reserve (IFR), and the profitability of each land use as compared to REDD+ incentives. Data were collected using questionnaire survey, key informant interview, and forest inventory and data were analyzed using the Excel programme. Results showed that the main land uses were agriculture and tree planting with economic values of $2958.52 and $3272.94 per ha per year, respectively. The total aboveground carbon was 39.23 t/ha (143.97/ha). The opportunity costs of REDD+ was varying depending on the price per ton of carbon. The opportunity costs of REDD+ will be profitable if the price per tCO2e will be at least $23. It can therefore be concluded that there is no general unit price per ton of carbon dioxide equivalent (tCO2e), as it depends on REDD+ opportunity cost when compared with alternative land uses within a particular place. Therefore we recommend opportunity costs of REDD+ to communities be used to guide decision making on unit prices of carbon.

Journal

International Journal of Forestry Research – Hindawi Publishing Corporation

Published: Mar 5, 2014

There are no references for this article.