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Economic Value of the Carbon Sink Services of Tropical Secondary Forests and Its Management Implications

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  • Octavio Ramirez
  • Carlos Carpio
  • Rosalba Ortiz
  • Brian Finnegan

Abstract

This paper explores the economic feasibility of secondary forest regeneration and conservation as an alternative in the campaign addressing the problem of global warming. Detailed measurements of tropical secondary forests over time, in different ecological zones of Costa Rica, are used to evaluate carbon storage models. The paper addresses key issues in the international discussion about cross- and within-country compensation for carbon storage services and illustrates a method to compute/predict their economic value over time under a variety of scenarios. The procedure is applicable to other developing countries where secondary forest growth is increasingly important. Copyright Kluwer Academic Publishers 2002

Suggested Citation

  • Octavio Ramirez & Carlos Carpio & Rosalba Ortiz & Brian Finnegan, 2002. "Economic Value of the Carbon Sink Services of Tropical Secondary Forests and Its Management Implications," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 23-46, January.
    • Handle: RePEc:kap:enreec:v:21:y:2002:i:1:p:23-46
    DOI: 10.1023/A:1014533310664
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    References listed on IDEAS

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    1. Lykke E. Andersen, 2015. "A Cost-benefit Analysis of Deforestation in the Brazilian Amazon," Discussion Papers 0065, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Frankhauser, Samuel & Tol, Richard SJ, 1996. "Climate change costs : Recent advancements in the economic assessment," Energy Policy, Elsevier, vol. 24(7), pages 665-673, July.
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    Cited by:

    1. Abebe, Bethlehem A. & Jones, Kelly W. & Solomon, Jennifer & Galvin, Kathleen & Evangelista, Paul, 2020. "Examining social equity in community-based conservation programs: A case study of controlled hunting programs in Bale Mountains, Ethiopia," World Development, Elsevier, vol. 135(C).
    2. Isabel Mendes, 2018. "Social risks of forest fires: a methodological proposal for their monetary evaluation," Working Papers Department of Economics 2018/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    3. Hernández-Blanco, Marcello & Costanza, Robert & Cifuentes-Jara, Miguel, 2021. "Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology," Ecosystem Services, Elsevier, vol. 49(C).
    4. Robin Naidoo & Taylor H Ricketts, 2006. "Mapping the Economic Costs and Benefits of Conservation," PLOS Biology, Public Library of Science, vol. 4(11), pages 1-12, October.

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    More about this item

    Keywords

    activities implemented jointly; carbon sequestration; clean development mechanism; global warming; tropical forests;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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