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Turning Carbon into Cash: Economic Model of Payments for Carbon Sequestration in the Dry Tropical Forest of Coastal Ecuador

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  • Blare, Trent
  • Haro-Carrion, Xavier

Abstract

This paper examines the impact of carbon payments on reforestation in coastal Ecuador. The model estimates that landowners would need to be paid between 13.59 US dollars to 41.81 US dollars per metric ton of carbon in order to be no worse off from reforesting a hectare of her land.

Suggested Citation

  • Blare, Trent & Haro-Carrion, Xavier, 2013. "Turning Carbon into Cash: Economic Model of Payments for Carbon Sequestration in the Dry Tropical Forest of Coastal Ecuador," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143088, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea13:143088
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    File URL: http://purl.umn.edu/143088
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    References listed on IDEAS

    as
    1. Wunder, Sven & Albán, Montserrat, 2008. "Decentralized payments for environmental services: The cases of Pimampiro and PROFAFOR in Ecuador," Ecological Economics, Elsevier, vol. 65(4), pages 685-698, May.
    2. Suzi Kerr & Leslie Lipper & Alexander S.P. Pfaff & Romina Cavatassi & Benjamin Davis & Joanna Hendy & Arturo Sanchez, 2004. "Will Buying Tropical Forest Carbon Benefit The Poor? Evidence from Costa Rica," Working Papers 04-20, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    3. Reardon, Thomas & Vosti, Stephen A., 1995. "Links between rural poverty and the environment in developing countries: Asset categories and investment poverty," World Development, Elsevier, vol. 23(9), pages 1495-1506, September.
    4. Olschewski, Roland & Benítez, Pablo C., 2010. "Optimizing joint production of timber and carbon sequestration of afforestation projects," Journal of Forest Economics, Elsevier, vol. 16(1), pages 1-10, January.
    5. Matthews, Stephen & O'Connor, Raymond & Plantinga, Andrew J., 2002. "Quantifying the impacts on biodiversity of policies for carbon sequestration in forests," Ecological Economics, Elsevier, vol. 40(1), pages 71-87, January.
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    More about this item

    Keywords

    Carbon; Sequestration; Ecuador; Tropical; Forest; Environmental Economics and Policy; International Development; Land Economics/Use;

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