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Title:
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The economics of including carbon sinks in climate change policy. Evaluating the carbon supply curve through afforestation in Latin America
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Author(s):
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Published by:
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Publication date:
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ECN
Policy Studies
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1-6-2003
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ECN report number:
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Document type:
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ECN-I--03-003
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ECN publication
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Number of pages:
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Full text:
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48
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Download PDF
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Abstract:
After the inclusion of carbon sinks in the Kyoto Protocol, greenhousegas mitigation policies should account for abatement measurements in
both the energy and forestry sectors. This report deals with the development
of a methodology for estimating cost-curves of carbon sequestration
with afforestation activities and its combination with existing cost-curves
of carbon abatement in the energy sector, with an application to the
Latin American region. For deriving the carbon supply-curves, a bottom-up
approach is used where the costs of carbon sequestration are first estimated
at a grid-level (georeferenced area of 50 x 50 km) and later aggregated
in a single cost curve. In evaluating the carbon sequestration benefits
of forests, we intend to capture the life-cycle of the sequestered carbon
by accounting the carbon uptake during forest growth, the carbon emissions
during the harvest periods and the residual
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