Assessing the Feasibility of Voluntary Carbon Markets in Land Use Management Scenarios for Scottish Saltmarshes DOI

X. Lee,

Simone Martino

Published: Jan. 1, 2023

Saltmarshes have been valued for their multiple ecosystem services, including carbon sequestration and long-term storage. However, because of the many threats faced, rising sea levels, limited sediment supplies anthropogenic impacts, saltmarshes require careful restoration protection management to continue providing services. In this study, we examined feasibility land abandonment, based on differential gains in between natural those manged agricultural uses, suggested considerations a voluntary market plan. The study's results showed that proportion Scottish used activities was not very large (2.56%, equivalent 179.73 ha). average net benefit (i.e., after removing opportunity cost land) new use is GBP £ 5,378.62/ ha 67-year post-abandonment program, showing model economically viable implement mechanism. A scheme may be easier than compliance scheme, although price credits under high fully compensate costs all regions. effect, at break-even point (e.g., balances regions varied widely (range 1.06-59.83/ton C), which means with higher there need consider compensating farmers through blended private-public Despite these difficulties, implementing models initiatives can society broader sense, just mitigate climate change.

Language: Английский

Assessing the Feasibility of Voluntary Carbon Markets in Land Use Management Scenarios for Scottish Saltmarshes DOI

X. Lee,

Simone Martino

Published: Jan. 1, 2023

Saltmarshes have been valued for their multiple ecosystem services, including carbon sequestration and long-term storage. However, because of the many threats faced, rising sea levels, limited sediment supplies anthropogenic impacts, saltmarshes require careful restoration protection management to continue providing services. In this study, we examined feasibility land abandonment, based on differential gains in between natural those manged agricultural uses, suggested considerations a voluntary market plan. The study's results showed that proportion Scottish used activities was not very large (2.56%, equivalent 179.73 ha). average net benefit (i.e., after removing opportunity cost land) new use is GBP £ 5,378.62/ ha 67-year post-abandonment program, showing model economically viable implement mechanism. A scheme may be easier than compliance scheme, although price credits under high fully compensate costs all regions. effect, at break-even point (e.g., balances regions varied widely (range 1.06-59.83/ton C), which means with higher there need consider compensating farmers through blended private-public Despite these difficulties, implementing models initiatives can society broader sense, just mitigate climate change.

Language: Английский

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