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Economic Value Of The Carbon Sink Services Of Tropical Secondary Forests And Its Management Implications

Author

Listed:
  • Ramirez, Octavio A.
  • Carpio, Carlos E.
  • Ortiz, Rosalba
  • Finnegan, Brian

Abstract

This paper explores the economic feasibility secondary forest regeneration and conservation as an alternative to help address global warming. Detailed measurements of tropical secondary forests through time, in different ecological zones of Costa Rica, are used for estimating 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 through time under a variety of scenarios. The procedure is applicable to other developing countries where secondary forest growth is increasingly important.

Suggested Citation

  • Ramirez, Octavio A. & Carpio, Carlos E. & Ortiz, Rosalba & Finnegan, Brian, 2000. "Economic Value Of The Carbon Sink Services Of Tropical Secondary Forests And Its Management Implications," 2000 Annual meeting, July 30-August 2, Tampa, FL 21776, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21776
    DOI: 10.22004/ag.econ.21776
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    1. 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.
    2. Lykke E. Andersen, 2015. "A Cost-benefit Analysis of Deforestation in the Brazilian Amazon," Discussion Papers 0065, Instituto de Pesquisa Econômica Aplicada - IPEA.
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    Cited by:

    1. 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.
    2. 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).
    3. 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).
    4. 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.

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    More about this item

    Keywords

    Environmental Economics and Policy; Resource/Energy Economics and Policy;

    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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