IDEAS home Printed from https://ideas.repec.org/a/caa/jnljfs/v63y2017i11id88-2017-jfs.html
   My bibliography  Save this article

Estimating the aboveground carbon sequestration and its economic value (case study: Iranian Caspian forests)

Author

Listed:
  • Zohreh MOHAMMADI

    (Department of Forestry, Faculty of Natural Resources, University of Guilan, Sowmeh Sara, Iran)

  • Soleiman MOHAMMADI LIMAEI

    (Department of Forestry, Faculty of Natural Resources, University of Guilan, Sowmeh Sara, Iran)

  • Peter LOHMANDER

    (Optimal Solutions, Umeå, Sweden)

  • Leif OLSSON

    (Department of Information Systems and Technology, Faculty of Sciences, Technology and Media, Mid Sweden University, Sundsvall, Sweden)

Abstract

The aim of the study is to estimate the aboveground carbon sequestration and to determine the economic value of forests in carbon sequestration as a way of mitigating climate change. This research was conducted at Asalem forests in the north of Iran. In order to estimate the amount of annual carbon sequestration, the annual volume growth of stand was determined using the diameter increment data and tariff. The amount of carbon sequestration was estimated based on wood density and using the allometric equation. The carbon model was obtained for each species. The value of sequestrated carbon in stumpage and the net present value of carbon sequestration were determined in order to estimate the economic value of carbon sequestration. Results indicated that the annual volume growth per hectare and the carbon stored are 6.023 m3.yr-1 and 2.307 t.ha-1, respectively. Finally, the carbon sequestration value of stumpage and the net present value of carbon sequestration are 11,023.753 and 790.361 (10,000 IRR.t-1.ha-1), respectively. Our results are very useful in estimating the total economic value of Asalem forests and other Iranian Caspian forests in the future.

Suggested Citation

  • Zohreh MOHAMMADI & Soleiman MOHAMMADI LIMAEI & Peter LOHMANDER & Leif OLSSON, 2017. "Estimating the aboveground carbon sequestration and its economic value (case study: Iranian Caspian forests)," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 63(11), pages 511-518.
    • Handle: RePEc:caa:jnljfs:v:63:y:2017:i:11:id:88-2017-jfs
    DOI: 10.17221/88/2017-JFS
    as

    Download full text from publisher

    File URL: http://jfs.agriculturejournals.cz/doi/10.17221/88/2017-JFS.html
    Download Restriction: free of charge
    File URL: http://jfs.agriculturejournals.cz/doi/10.17221/88/2017-JFS.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/88/2017-JFS?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Alexandre Kossoy & Philippe Ambrosi, "undated". "State and Trends of the Carbon Market 2010," World Bank Publications - Reports 13401, The World Bank Group.
    2. Jepkemei, Busienei Vivian, 2010. "Potential Economic Value Of Carbon Sequestration In Kakamega Forest And Surrounding Farms," Research Theses 117803, Collaborative Masters Program in Agricultural and Applied Economics.
    3. Gren, Ing-Marie & Carlsson, Mattias, 2013. "Economic value of carbon sequestration in forests under multiple sources of uncertainty," Journal of Forest Economics, Elsevier, vol. 19(2), pages 174-189.
    4. Ninan, K.N. & Inoue, Makoto, 2013. "Valuing forest ecosystem services: Case study of a forest reserve in Japan," Ecosystem Services, Elsevier, vol. 5(C), pages 78-87.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Claudia Kettner-Marx & Daniela Kletzan-Slamanig & Angela Köppl, 2012. "The EU Emission Trading Scheme. National Allocation Patterns and Trading Flows," WIFO Studies, WIFO, number 44139, April.
    2. Gbenga Ibikunle & Andros Gregoriou & Naresh R. Pandit, 2013. "Price Discovery and Trading after Hours: New Evidence from the World's Largest Carbon Exchange," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 20(3), pages 421-445, November.
    3. Katja S. Halbritter & Markus Ohndorf, 2012. "Optimal liability apportionment in programmatic credit-based emissions trading," Climate Policy, Taylor & Francis Journals, vol. 12(4), pages 440-452, July.
    4. Matthew Paterson, 2014. "Governing Mobilities, Mobilising Carbon," Mobilities, Taylor & Francis Journals, vol. 9(4), pages 570-584, September.
    5. Frank Hartmann & Paolo Perego & Anna Young, 2013. "Carbon Accounting: Challenges for Research in Management Control and Performance Measurement," Abacus, Accounting Foundation, University of Sydney, vol. 49(4), pages 539-563, December.
    6. Margarita Ignatyeva & Vera Yurak & Natalia Pustokhina, 2020. "Recultivation of Post-Mining Disturbed Land: Review of Content and Comparative Law and Feasibility Study," Resources, MDPI, vol. 9(6), pages 1-17, June.
    7. Qadir, Abdul & Mokhtar, Marwan & Khalilpour, Rajab & Milani, Dia & Vassallo, Anthony & Chiesa, Matteo & Abbas, Ali, 2013. "Potential for solar-assisted post-combustion carbon capture in Australia," Applied Energy, Elsevier, vol. 111(C), pages 175-185.
    8. Ari, İzzet, 2013. "Voluntary emission trading potential of Turkey," Energy Policy, Elsevier, vol. 62(C), pages 910-919.
    9. Jingdong Wu & Mingxu Wang & Tingting Wang & Xinxi Fu, 2022. "Evaluation of Ecological Service Function of Liquidambar formosana Plantations," IJERPH, MDPI, vol. 19(22), pages 1-16, November.
    10. Richard Yao & David Palmer & Barbara Hock & Duncan Harrison & Tim Payn & Juan Monge, 2019. "Forest Investment Framework as a Support Tool for the Sustainable Management of Planted Forests," Sustainability, MDPI, vol. 11(12), pages 1-22, June.
    11. Shoyama, Kikuko & Kamiyama, Chiho & Morimoto, Junko & Ooba, Makoto & Okuro, Toshiya, 2017. "A review of modeling approaches for ecosystem services assessment in the Asian region," Ecosystem Services, Elsevier, vol. 26(PB), pages 316-328.
    12. Aliénor Cameron & Marc Baudry, 2023. "The case for carbon leakage and border adjustments: where do economists stand?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(3), pages 435-469, July.
    13. Medina, Vicente & Pardo, Ángel & Pascual, Roberto, 2014. "The timeline of trading frictions in the European carbon market," Energy Economics, Elsevier, vol. 42(C), pages 378-394.
    14. Marcos-Martinez, Raymundo & Bryan, Brett A. & Schwabe, Kurt A. & Connor, Jeffery D. & Law, Elizabeth A. & Nolan, Martin & Sánchez, José J., 2019. "Projected social costs of CO2 emissions from forest losses far exceed the sequestration benefits of forest gains under global change," Ecosystem Services, Elsevier, vol. 37(C), pages 1-1.
    15. Aliénor Cameron & Marc Baudry, 2022. "The case for a Carbon Border Adjustment: Where do economists stand?," Policy Papers 2022.01, FAERE - French Association of Environmental and Resource Economists.
    16. Koch, Nicolas & Bassen, Alexander, 2013. "Valuing the carbon exposure of European utilities. The role of fuel mix, permit allocation and replacement investments," Energy Economics, Elsevier, vol. 36(C), pages 431-443.
    17. Gren, Ing-Marie & Baxter, Peter & Mikusinski, Grzegorz & Possingham, Hugh, 2014. "Cost-effective biodiversity restoration with uncertain growth in forest habitat quality," Journal of Forest Economics, Elsevier, vol. 20(1), pages 77-92.
    18. Sheng, Jichuan & Qiu, Hong, 2018. "Governmentality within REDD+: Optimizing incentives and efforts to reduce emissions from deforestation and degradation," Land Use Policy, Elsevier, vol. 76(C), pages 611-622.
    19. Borghesi, Simone & Flori, Andrea, 2018. "EU ETS facets in the net: Structure and evolution of the EU ETS network," Energy Economics, Elsevier, vol. 75(C), pages 602-635.
    20. J. Hourcade & B. Perrissin Fabert & J. Rozenberg, 2012. "Venturing into uncharted financial waters: an essay on climate-friendly finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 12(2), pages 165-186, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnljfs:v:63:y:2017:i:11:id:88-2017-jfs. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.