Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru
Currently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate...
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MDPI AG
2024-03-01
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| Series: | Forests |
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| Online Access: | https://www.mdpi.com/1999-4907/15/3/500 |
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| author | Malluri Goñas Nilton B. Rojas-Briceño Darwin Gómez Fernández Daniel Iliquín Trigoso Nilton Atalaya Marin Verónica Cajas Bravo Jorge R. Díaz-Valderrama Jorge L. Maicelo-Quintana Manuel Oliva-Cruz |
| author_facet | Malluri Goñas Nilton B. Rojas-Briceño Darwin Gómez Fernández Daniel Iliquín Trigoso Nilton Atalaya Marin Verónica Cajas Bravo Jorge R. Díaz-Valderrama Jorge L. Maicelo-Quintana Manuel Oliva-Cruz |
| author_sort | Malluri Goñas |
| collection | DOAJ |
| description | Currently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate the economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru, using the economic indicators of NPV, EIRR, and the benefit–cost ratio. For this purpose, 53 small cocoa producers of the APROCAM cooperative were involved, from which data were obtained on the general characteristics of the production system, production and maintenance costs, indirect costs, and administrative costs; in addition, the costs of implementation and maintenance of an environmental services project were calculated to finally make a cash flow projected over 5 years. As part of the results, the economic analysis was carried out on 104.25 hectares of cocoa belonging to the total number of farmers evaluated, who reported an average yield of 957.32 kg of dry cocoa per he. In addition, it was found that the production cost is PEN 3.91/kg of dry cocoa, and the average selling price is PEN 7.38/kg of dry cocoa. After the economic analysis, it was found that the implementation of an environmental services project is profitable (NPV = PEN 1,454,547.8; EIRR = 44% and B/C = 1.86). These results open up an opportunity for cocoa farmers to diversify and increase their income by contributing to climate change mitigation. |
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| institution | Directory Open Access Journal |
| issn | 1999-4907 |
| language | English |
| last_indexed | 2024-04-24T18:15:35Z |
| publishDate | 2024-03-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Forests |
| spelling | doaj.art-3f543fab58e04dd888e0e5218dcb3e3f2024-03-27T13:41:46ZengMDPI AGForests1999-49072024-03-0115350010.3390/f15030500Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, PeruMalluri Goñas0Nilton B. Rojas-Briceño1Darwin Gómez Fernández2Daniel Iliquín Trigoso3Nilton Atalaya Marin4Verónica Cajas Bravo5Jorge R. Díaz-Valderrama6Jorge L. Maicelo-Quintana7Manuel Oliva-Cruz8Instituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruEscuela de Turismo y Hotelería, Facultad de Ciencias Administrativas y Turismo, Universidad Nacional Hermilio Valdizán, Huánuco 10003, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruInstituto de Investigación para el Desarrollo Sustentable de Ceja de Selva, Universidad Nacional Toribio Rodríguez de Mendoza de Amazonas, Chachapoyas 01001, PeruCurrently, the economic profitability of cocoa is being affected by the increasing incidence of pests, low selling prices, high production costs, and the presence of cadmium in cocoa farms, posing a potential risk of crop abandonment. Therefore, the objective of the present research was to evaluate the economic profitability of carbon sequestration of fine-aroma cacao agroforestry systems in Amazonas, Peru, using the economic indicators of NPV, EIRR, and the benefit–cost ratio. For this purpose, 53 small cocoa producers of the APROCAM cooperative were involved, from which data were obtained on the general characteristics of the production system, production and maintenance costs, indirect costs, and administrative costs; in addition, the costs of implementation and maintenance of an environmental services project were calculated to finally make a cash flow projected over 5 years. As part of the results, the economic analysis was carried out on 104.25 hectares of cocoa belonging to the total number of farmers evaluated, who reported an average yield of 957.32 kg of dry cocoa per he. In addition, it was found that the production cost is PEN 3.91/kg of dry cocoa, and the average selling price is PEN 7.38/kg of dry cocoa. After the economic analysis, it was found that the implementation of an environmental services project is profitable (NPV = PEN 1,454,547.8; EIRR = 44% and B/C = 1.86). These results open up an opportunity for cocoa farmers to diversify and increase their income by contributing to climate change mitigation.https://www.mdpi.com/1999-4907/15/3/500environmental servicesproduction costscocoaNPVEIRRB/C |
| spellingShingle | Malluri Goñas Nilton B. Rojas-Briceño Darwin Gómez Fernández Daniel Iliquín Trigoso Nilton Atalaya Marin Verónica Cajas Bravo Jorge R. Díaz-Valderrama Jorge L. Maicelo-Quintana Manuel Oliva-Cruz Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru Forests environmental services production costs cocoa NPV EIRR B/C |
| title | Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru |
| title_full | Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru |
| title_fullStr | Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru |
| title_full_unstemmed | Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru |
| title_short | Economic Profitability of Carbon Sequestration of Fine-Aroma Cacao Agroforestry Systems in Amazonas, Peru |
| title_sort | economic profitability of carbon sequestration of fine aroma cacao agroforestry systems in amazonas peru |
| topic | environmental services production costs cocoa NPV EIRR B/C |
| url | https://www.mdpi.com/1999-4907/15/3/500 |
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