TY - CHAP
T1 - Economics of Carbon Sequestration Projects Involving Smallholders
AU - Cacho, Oscar Jose
PY - 2009
Y1 - 2009
N2 - Afforestation and reforestation projects have the potential to help mitigate global warming by acting as sinks for CO². However, participation in carbon-sink projects may be constrained by high costs. This problem may be particularly severe for projects involving smallholders in developing countries. Of particular concern are the transaction costs incurred in developing projects and measuring, certifying, and selling the carbon-sequestration services generated by such projects. This chapter addresses these issues by analyzing the implications of transaction and abatement costs in carbon-sequestration projects. A typology of transaction costs is presented, and estimates of the five cost types are derived based on a review of existing projects. The influences of project design on abatement costs and transaction costs are explored, and the critical values of a set of three project-design variables (farm price, number of participating farms, and minimum farm area) are identified for any given combination of transaction costs.
AB - Afforestation and reforestation projects have the potential to help mitigate global warming by acting as sinks for CO². However, participation in carbon-sink projects may be constrained by high costs. This problem may be particularly severe for projects involving smallholders in developing countries. Of particular concern are the transaction costs incurred in developing projects and measuring, certifying, and selling the carbon-sequestration services generated by such projects. This chapter addresses these issues by analyzing the implications of transaction and abatement costs in carbon-sequestration projects. A typology of transaction costs is presented, and estimates of the five cost types are derived based on a review of existing projects. The influences of project design on abatement costs and transaction costs are explored, and the critical values of a set of three project-design variables (farm price, number of participating farms, and minimum farm area) are identified for any given combination of transaction costs.
KW - Environment and Resource Economics
KW - Agricultural Economics
UR - http://books.google.com.au/books?id=JkXzgldmkvsC&lpg=PP1&pg=PA77
UR - http://www.springer.com/economics/agricultural+economics/book/978-0-387-72969-5
UR - http://nla.gov.au/anbd.bib-an43786711
M3 - Chapter
SN - 9780387729718
SN - 9789251058305
SN - 9789251057674
SN - 9780387773544
SN - 0387729690
SN - 9780387729695
T3 - Natural resource management and policy
SP - 77
EP - 102
BT - Payment for Environmental Services in Agricultural Landscapes: Economic policies and poverty reduction in developing countries
A2 - Lipper, null
A2 - L, null
A2 - Sakuyama, null
A2 - T, null
A2 - Stringer, null
A2 - R, null
A2 - Zilberman, null
A2 - D, null
PB - Springer
CY - New York, United States of America
ER -