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Effects of Climate Change on the Profitability of Carbon Credit Sales: Book Review

Title: Effects of Climate Change on the Profitability of Carbon Credit Sales 
(A Case Study on Tectona grandis Plantations Located on the Pacific Coast of Costa Rica)

ISBN: 978-3-8382-0074-3
Author: Nina Becker 
Publisher: ibidem-Verlag (November 24, 2010) 
Language: English 
178 Pages (Paperback)


Foreword: By ibidem-Verlag




About the Author:

Nina Becker is a development economist with a M.Sc. Degree in International Development Studies, specialized in rural development, natural resources and climate change. Her research interests include climate change impacts and mitigation; vulnerability, and adaptation to climate change; climate policy and finances; poverty; natural resources and hazards. Nina Becker has research and work experience in Europe, Latin America and the Caribbean and works currently as research fellow at the Helmholtz- Centre for Environmental Research – UFZ in Germany.


Introduction:

Nina Becker’s research provides a thorough analysis of the economics of carbon sequestration from an inter-disciplinary perspective on the impacts of climate change on forest resources. The analysis is based on an integrated assessment that links a climate-yield model with a profitability analysis. In specific, Nina Becker investigates tree productivity under global and regional climate change scenarios. Furthermore, she demonstrates the potential effects of increasing tree productivity on the profitability of carbon credit sales. 

For this purpose, she conducted a case study on Teak (Tectona grandis L.f) plantations on the Pacific Coast of Costa Rica. Nina Becker points out the potential of and future challenges for forest plantations in mitigating climate change. 

The book is aimed at scholars as well as NGOs and policymakers with an interest in forests and climate change.


Table of Contents:

1. Introduction
1.1 Problem statement and purpose of the research
1.2 Method
1.3 Organization and outline

2. Background
2.1 Changing climate and forests
2.2 International climate policy and carbon forestry as mitigation option
2.3 Direct and indirect carbon sequestration benefits and the international carbon markets
2.4 Carbon projects and PES in Costa Rica
2.5 Teak plantations, timber products and carbon sequestration services

3. Previous studies
3.1 Categorization
3.2 Thematic fields within and across categories
3.2.1 Mitigation potential, tropical forests and potential mitigation
3.2.2 Carbon costs and revenues
3.2.3 Carbon sequestration and management practices
3.2.4 Private profitability of carbon sequestration projects
3.2.5 Integrated assessment of forest carbon projects
3.3 Integrated assessment of forest carbon projects

4. Conceptual framework
4.1 Tree productivity and climate
4.1.1 Tree productivity and its explanatory factors
4.1.2 Tree productivity and climatic factors
4.2 Profitability of non- timber goods in forestry investments
4.2.1 Multiple use forestry and carbon sequestration
4.2.2 Capital budgeting and decision criteria
4.2.3 Joint Land Expectation Value
4.3 Interim conclusions

5. Methodology
5.1 Research area
5.2 Research design
5.2.1 Climate- yield model
5.2.1.1 Model specification
5.2.1.2 Calibration methods