Economic value of the carbon sink services of tropical secondary forests and its management implications

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

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

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.

Original languageEnglish
Pages (from-to)23-46
Number of pages24
JournalEnvironmental and Resource Economics
Volume21
Issue number1
DOIs
StatePublished - 2002

Keywords

  • Activities implemented jointly
  • Carbon sequestration
  • Clean development mechanism
  • Global warming
  • Tropical forests

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