ECO-ENVIRONMENTAL ANALYSIS OF IMPLEMENTING REDD+ IN INDIA: COST AND BENEFIT APPROACH
Journal Title: International Journal of Agriculture Sciences - Year 2017, Vol 9, Issue 9
Abstract
The Global warming is one of the most important issue worldwide. The primary cause of global warming is taken to be the burning of oil and gas. But according to IPCC reports, major amount of GHG released in the atmosphere each year is caused by deforestation and forest degradation in tropical regions. It is the second largest source of global greenhouse gas (GHG) emissions. Carbon Sequestration which is defined as the ability of the trees to capture carbon from the atmosphere, is a natural combat for these harmful emissions. So, forests play a very important role in carbon sequestration. The more forests we have, the more carbon we can capture, and the more carbon we capture, the fewer greenhouse gases we contribute to the atmosphere. Forestry projects are very popular in the voluntary carbon market largely due to their tangible nature and characteristics like ecosystem services, conservation, and biodiversity and community benefits. One such example is REDD+. It involves creating an incentive to reduce carbon emissions by avoiding deforestation and land degradation. In this paper, attempt is made to find the economic viability of implementing REDD+, a voluntary market mechanism which involves incentivizing developing countries to stop deforestation and forest degradation in exchange of payment by the developed countries, who wish to achieve their greenhouse gas concentration targets. Andhra Pradesh, the state with the highest deforestation rate in the country has been chosen for the study. The net revenues to the farmers from undertaking the REDD+ program and from the next best uses of forest land i.e. using the land for Rice plantation has been calculated. It was found that REDD+ comes out to be the most profitable option for the farmers of Andhra Pradesh. The effect of uncertainty was also taken into account by doing a sensitivity analysis of the results. The fact that REDD+ still came out to be highly profitable ensures that the model is efficient and robust even in case of uncertainty.
Authors and Affiliations
BIBHU PRASAD SAHOO
Keywords
Related Articles
- EP ID EP170301
- DOI -
- Views 97
- Downloads 0
FOOD SECURITY WITH REFERENCE TO DEMAND-SUPPLY GAPS AND PROJECTIONS OF FOOD GRAINS IN AKOLA DISTRICT
The food security is a primary concern of any developing country. Adequate nourishment is necessary to sustain healthy life and per capita availability of food has been considered as a measure of food security. So in thi...
DEVELOPMENT OF COMPOSITE FLOUR BREAD AND ITS EFFECT ON PHYSICAL, SENSORY AND NUTRITIONAL CHARACTERISTICS
The composite flour bread would be a healthy alternative for wheat flour bread. This study was conducted with a view of producing fortified wheat flour bread to increase the nutritive value of wheat flour bread. The soya...
ALTERNATE DAIRY MANAGEMENT PRACTICES OF NEW BORN ANIMALS FOLLOWED BYD AIRY FARMERS DURING DROUGHTIN PATAN DISTRICT OF GUJARAT STATE, INDIA
India is an agriculture based country and livestock sector plays an essential role in our country GDP and it is highly affected by the climatic variability such as drought, flood, etc. Drought is hazard of nature and whi...
MOLECULAR DYNAMICS OF MORPHOGENESIS IN Volvariella volvacea (BULL. EX FR.) SING
Mannitol dehydrogenase, tyrosinase and water activity (aw) were found to be variously expressed during morphogenesis of V. volvacea. Very less enzymatic activity was recorded at pinhead stage, which increased with progre...
EFFECT OF TILLAGE AND WEED MANAGEMENT PRACTICES AND GROWTH PRODUCTIVITY AND ENERGY ANALYSIS OF LATE- SOWN CHICKPEA
A field experiment was conducted during rabi season of 2013-14 and 2014-15 at the Research Farm, JNKVV, Jabalpur (M.P.) to study tillage and weed management methods on productivity and energy analysis of chickpea. The re...