IDEAS home Printed from https://ideas.repec.org/a/caa/jnljfs/v70y2024i6id24-2024-jfs.html
   My bibliography  Save this article

Forest carbon and a regional perspective on the effectiveness of financial instruments within the forest bioeconomy

Author

Listed:
  • Michaela Perunová

    (Science and Research Centre, Faculty of Health Sciences, Palacký University Olomouc, Olomouc, Czech Republic)

  • Jarmila Zimmermannová

    (Science and Research Centre, Faculty of Health Sciences, Palacký University Olomouc, Olomouc, Czech Republic)

  • Tereza Schovánková

    (Science and Research Centre, Faculty of Health Sciences, Palacký University Olomouc, Olomouc, Czech Republic)

Abstract

The forest bioeconomy links to a climate-neutral economy for which effective economic and financial promotion is essential to sustainable development. The main purpose of this study was to examine the effects of financial support on the development of the forest bioeconomy in the Czech Republic in the period 2000-2021. Research objectives were met by applying literature review, time series analysis, spatial data analysis, cartogram and cartodiagram method, correlation analysis, and regression analysis. Firstly, regional divergences in financial flows were observed. Owing to the bark beetle calamity, the peak of the financial support was detected in the Vysočina Region (CZK 4 658/EUR 190 per ha), and the Olomouc Region (CZK 2 780/EUR 113 per ha) in 2020. An upward trend - more than 6-fold growth of financial flows to forestry was found. Secondly, the forest carbon model was discovered and tested. Financial contribution for reforestation, establishment, and tending of forest stands increases net carbon sinks while financial contribution for green and environmentally friendly technologies increases net carbon sources. Regional carbon reservoirs offer the potential to contribute to climate targets and achieve sustainable progress.

Suggested Citation

  • Michaela Perunová & Jarmila Zimmermannová & Tereza Schovánková, 2024. "Forest carbon and a regional perspective on the effectiveness of financial instruments within the forest bioeconomy," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 70(6), pages 317-334.
    • Handle: RePEc:caa:jnljfs:v:70:y:2024:i:6:id:24-2024-jfs
    DOI: 10.17221/24/2024-JFS
    as

    Download full text from publisher

    File URL: http://jfs.agriculturejournals.cz/doi/10.17221/24/2024-JFS.html
    Download Restriction: free of charge
    File URL: http://jfs.agriculturejournals.cz/doi/10.17221/24/2024-JFS.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/24/2024-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. Ohmura, Tamaki & Creutzburg, Leonard, 2021. "Guarding the For(es)t: Sustainable economy conflicts and stakeholder preference of policy instruments," Forest Policy and Economics, Elsevier, vol. 131(C).
    2. Miller, Kristell A. & Snyder, Stephanie A. & Kilgore, Michael A., 2012. "An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA," Forest Policy and Economics, Elsevier, vol. 25(C), pages 113-122.
    3. Walter Mattioli & Carlotta Ferrara & Mario Colonico & Carmelo Gentile & Emanuela Lombardo & Emanuele Presutti Saba & Luigi Portoghesi, 2024. "Assessing forest accessibility for the multifunctional management of protected areas in Central Italy," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 67(1), pages 197-216, January.
    4. Börner, Jan & Baylis, Kathy & Corbera, Esteve & Ezzine-de-Blas, Driss & Honey-Rosés, Jordi & Persson, U. Martin & Wunder, Sven, 2017. "The Effectiveness of Payments for Environmental Services," World Development, Elsevier, vol. 96(C), pages 359-374.
    5. Liagre, Ludwig & Pettenella, Davide & Pra, Alex & Carazo Ortiz, Felipe & Garcia Arguedas, Alberto & Nguyen Chien, Cuong, 2021. "How can National Forest Funds catalyse the provision of ecosystem services? Lessons learned from Costa Rica, Vietnam, and Morocco," Ecosystem Services, Elsevier, vol. 47(C).
    6. Sotirov, Metodi & Arts, Bas, 2018. "Integrated Forest Governance in Europe: An introduction to the special issue on forest policy integration and integrated forest management," Land Use Policy, Elsevier, vol. 79(C), pages 960-967.
    7. Dong-Ho Lee & Dong-hwan Kim & Seong-il Kim, 2018. "Characteristics of forest carbon credit transactions in the voluntary carbon market," Climate Policy, Taylor & Francis Journals, vol. 18(2), pages 235-245, February.
    8. Dalibor Šafařík & David Březina & Jakub Michal & Petra Hlaváčková, 2022. "State of the raw wood growing stocks and prediction of further development of cutting in the context of coniferous stands calamity in the Czech Republic," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 68(10), pages 423-435.
    9. Satoshi Aoyagi & Shunsuke Managi, 2004. "The impact of subsidies on efficiency and production: empirical test of forestry in Japan," International Journal of Agricultural Resources, Governance and Ecology, Inderscience Enterprises Ltd, vol. 3(3/4), pages 216-230.
    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. Benra, F. & Nahuelhual, L. & Felipe-Lucia, M. & Jaramillo, A. & Jullian, C. & Bonn, A., 2022. "Balancing ecological and social goals in PES design – Single objective strategies are not sufficient," Ecosystem Services, Elsevier, vol. 53(C).
    2. Radek Rinn & Vilém Jarský, 2022. "Analysis of Financial Support for Forestry in the Czech Republic from the Perspective of Forest Bioeconomy," Sustainability, MDPI, vol. 14(23), pages 1-25, November.
    3. Primmer, Eeva & Varumo, Liisa & Krause, Torsten & Orsi, Francesco & Geneletti, Davide & Brogaard, Sara & Aukes, Ewert & Ciolli, Marco & Grossmann, Carol & Hernández-Morcillo, Mónica & Kister, Jutta & , 2021. "Mapping Europe’s institutional landscape for forest ecosystem service provision, innovations and governance," Ecosystem Services, Elsevier, vol. 47(C).
    4. Canessa, Carolin & Venus, Terese E. & Wiesmeier, Miriam & Mennig, Philipp & Sauer, Johannes, 2023. "Incentives, Rewards or Both in Payments for Ecosystem Services: Drawing a Link Between Farmers' Preferences and Biodiversity Levels," Ecological Economics, Elsevier, vol. 213(C).
    5. Mayer, Alex & Jones, Kelly & Hunt, David & Manson, Robert & Carter Berry, Z. & Asbjornsen, Heidi & Wright, Timothy Max & Salcone, Jacob & Lopez Ramirez, Sergio & Ávila-Foucat, Sophie & Von Thaden Ugal, 2022. "Assessing ecosystem service outcomes from payments for hydrological services programs in Veracruz, Mexico: Future deforestation threats and spatial targeting," Ecosystem Services, Elsevier, vol. 53(C).
    6. Chung, Yessica C.Y. & Kunene, Noxolo & Chang, Hung-Hao, 2024. "Renewable energy certificates and firm value: Empirical evidence in Taiwan," Energy Policy, Elsevier, vol. 184(C).
    7. Jia, Junsheng & He, Xiaoyu & Zhu, Taiyu & Zhang, Eryu, 2023. "Does green finance reform promote corporate green innovation? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
    8. Yang, Yi & Zhu, Yu & Zhao, Yiwen, 2024. "Improving farmers’ livelihoods through the eco-compensation of forest carbon sinks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 198(C).
    9. Garrett, R.D. & Grabs, J. & Cammelli, F. & Gollnow, F. & Levy, S.A., 2022. "Should payments for environmental services be used to implement zero-deforestation supply chain policies? The case of soy in the Brazilian Cerrado," World Development, Elsevier, vol. 152(C).
    10. Walter Falcon & Gracia Hadiwidjaja & Ryan Edwards & Matthew Higgins & Rosamond Naylor & Sudarno Sumarto, 2022. "Using Conditional Cash Payments to Prevent Land-Clearing Fires: Cautionary Findings from Indonesia," Agriculture, MDPI, vol. 12(7), pages 1-17, July.
    11. Jones, Kelly W. & Muñoz Brenes, Carlos L. & Shinbrot, Xoco A. & López-Báez, Walter & Rivera-Castañeda, Andrómeda, 2018. "The influence of cash and technical assistance on household-level outcomes in payments for hydrological services programs in Chiapas, Mexico," Ecosystem Services, Elsevier, vol. 31(PA), pages 208-218.
    12. Khanal, Puskar N. & Grebner, Donald L. & Munn, Ian A. & Grado, Stephen C. & Grala, Robert K. & Henderson, James E., 2017. "Evaluating non-industrial private forest landowner willingness to manage for forest carbon sequestration in the southern United States," Forest Policy and Economics, Elsevier, vol. 75(C), pages 112-119.
    13. Juan Miguel Benito-Ostolaza & Nuria Osés-Eraso, 2013. "Incentives to give up resource extraction and avoid the tragedy of the commons," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 1305, Departamento de Economía - Universidad Pública de Navarra.
    14. Kym Anderson, 2021. "Food policy in a more volatile climate and trade environment," Departmental Working Papers 2021-25, The Australian National University, Arndt-Corden Department of Economics.
    15. Arriagada, Rodrigo & Villaseñor, Adrián & Rubiano, Eliana & Cotacachi, David & Morrison, Judith, 2018. "Analysing the impacts of PES programmes beyond economic rationale: Perceptions of ecosystem services provision associated to the Mexican case," Ecosystem Services, Elsevier, vol. 29(PA), pages 116-127.
    16. Mangubhai, Sangeeta & Sykes, Helen & Manley, Marita & Vukikomoala, Kiji & Beattie, Madeline, 2020. "Contributions of tourism-based Marine Conservation Agreements to natural resource management in Fiji," Ecological Economics, Elsevier, vol. 171(C).
    17. Ravikumar, Ashwin & Chairez Uriarte, Esperanza & Lizano, Daniela & Muñoz Ledo Farré, Andrea & Montero, Mariel, 2023. "How payments for ecosystem services can undermine Indigenous institutions: The case of Peru's Ampiyacu-Apayacu watershed," Ecological Economics, Elsevier, vol. 205(C).
    18. Chapman, Mollie & Satterfield, Terre & Wittman, Hannah & Chan, Kai M.A., 2020. "A payment by any other name: Is Costa Rica’s PES a payment for services or a support for stewards?," World Development, Elsevier, vol. 129(C).
    19. Blundo-Canto, Genowefa & Bax, Vincent & Quintero, Marcela & Cruz-Garcia, Gisella S. & Groeneveld, Rolf A. & Perez-Marulanda, Lisset, 2018. "The Different Dimensions of Livelihood Impacts of Payments for Environmental Services (PES) Schemes: A Systematic Review," Ecological Economics, Elsevier, vol. 149(C), pages 160-183.
    20. Rabotyagov, Sergey S. & Lin, Sonja, 2013. "Small forest landowner preferences for working forest conservation contract attributes: A case of Washington State, USA," Journal of Forest Economics, Elsevier, vol. 19(3), pages 307-330.

    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:70:y:2024:i:6:id:24-2024-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.