A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality
The contribution of forestry to achieving carbon neutrality lies in offsetting carbon emissions by implementing certified emission reduction through afforestation projects. However, measurable carbon sinks from China's national key forestry ecology projects have not been able to offset carbon e...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-09-01
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| Series: | Trees, Forests and People |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666719322001182 |
| _version_ | 1818085635544580096 |
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| author | Xi Li Zhuo Ning Hongqiang Yang |
| author_facet | Xi Li Zhuo Ning Hongqiang Yang |
| author_sort | Xi Li |
| collection | DOAJ |
| description | The contribution of forestry to achieving carbon neutrality lies in offsetting carbon emissions by implementing certified emission reduction through afforestation projects. However, measurable carbon sinks from China's national key forestry ecology projects have not been able to offset carbon emissions and contribute to achieving carbon neutrality. To promote successful trading of forest carbon sinks in carbon market, we conducted a review to highlight difficulties in project cycle and indicators in measuring climate effectiveness. The results of the current review showed that forestry has the advantage of achieving higher emission reduction targets at a low cost. The initial goals of increasing carbon sinks and reducing greenhouse gas emissions are prerequisites for forestry projects to enter the carbon market. The offset ratio is significant for ensuring the additionality of forest carbon sinks and reducing the risk of crowding out. It should be noted the carbon trading mechanism plays a positive role in mobilizing private sector to reduce emissions, but it may ignore forestry protection in remote areas that have high emission reduction costs and are far from market. |
| first_indexed | 2024-12-10T20:12:55Z |
| format | Article |
| id | doaj.art-c0e7378a2d964215b7803c102f1d8519 |
| institution | Directory Open Access Journal |
| issn | 2666-7193 |
| language | English |
| last_indexed | 2024-12-10T20:12:55Z |
| publishDate | 2022-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Trees, Forests and People |
| spelling | doaj.art-c0e7378a2d964215b7803c102f1d85192022-12-22T01:35:16ZengElsevierTrees, Forests and People2666-71932022-09-019100311A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutralityXi Li0Zhuo Ning1Hongqiang Yang2College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China; Research Center for Economics and Trade in Forest Products of the State Forestry Administration (SINO-RCETFOR), Nanjing 210037, ChinaCollege of Economics and Management, Nanjing Forestry University, Nanjing 210037, China; Research Center for Economics and Trade in Forest Products of the State Forestry Administration (SINO-RCETFOR), Nanjing 210037, ChinaCollege of Economics and Management, Nanjing Forestry University, Nanjing 210037, China; Research Center for Economics and Trade in Forest Products of the State Forestry Administration (SINO-RCETFOR), Nanjing 210037, China; Yangtze River Delta Economics and Social Development Research Center, Nanjing University, Nanjing 210093, China; Corresponding author at: College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China.The contribution of forestry to achieving carbon neutrality lies in offsetting carbon emissions by implementing certified emission reduction through afforestation projects. However, measurable carbon sinks from China's national key forestry ecology projects have not been able to offset carbon emissions and contribute to achieving carbon neutrality. To promote successful trading of forest carbon sinks in carbon market, we conducted a review to highlight difficulties in project cycle and indicators in measuring climate effectiveness. The results of the current review showed that forestry has the advantage of achieving higher emission reduction targets at a low cost. The initial goals of increasing carbon sinks and reducing greenhouse gas emissions are prerequisites for forestry projects to enter the carbon market. The offset ratio is significant for ensuring the additionality of forest carbon sinks and reducing the risk of crowding out. It should be noted the carbon trading mechanism plays a positive role in mobilizing private sector to reduce emissions, but it may ignore forestry protection in remote areas that have high emission reduction costs and are far from market.http://www.sciencedirect.com/science/article/pii/S2666719322001182Forest carbon sinksCarbon marketCarbon neutralityAbatement costAdditionality |
| spellingShingle | Xi Li Zhuo Ning Hongqiang Yang A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality Trees, Forests and People Forest carbon sinks Carbon market Carbon neutrality Abatement cost Additionality |
| title | A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality |
| title_full | A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality |
| title_fullStr | A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality |
| title_full_unstemmed | A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality |
| title_short | A review of the relationship between China's key forestry ecology projects and carbon market under carbon neutrality |
| title_sort | review of the relationship between china s key forestry ecology projects and carbon market under carbon neutrality |
| topic | Forest carbon sinks Carbon market Carbon neutrality Abatement cost Additionality |
| url | http://www.sciencedirect.com/science/article/pii/S2666719322001182 |
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