Valuation of Carbon Stock in Tree For Small Community Forest: Case Study Ban Khum Community Forest, Uttaradit Province, Thailand
Chattanong Podong
Uttaradit Rajabhat University, Uttaradit, ThailandParinya Krivutinun
Uttaradit Rajabhat University, Uttaradit, ThailandAbstract
This study aimed to assess the tree species and density, biomass, carbon stocks, and the value of carbon stocks in a small community forest in Thailand. The research estimated the biomass above and below ground, carbon stocks, carbon dioxide absorption, and the value of carbon stocks using the European Union Allowance (EUA) and US California Carbon Market exchange rates. The conserved forest zone had 14 different tree species and a density of 618 trees per ha, with a total biomass of 68.130 tonnes, 3.204 tonnes of carbon stored, and 91.74 tonnes of carbon dioxide absorbed. The carbon stock value was calculated at € 1,478.08 and $ 965.66, respectively. In contrast, the utilized forest zone had 7 tree species and a density of 46 trees per ha, with a total biomass of 1.584 tonnes, which was equivalent to 1.584 tonnes of carbon stored or 4.50 tonnes of carbon dioxide absorbed. The value of carbon stock in this zone was € 39.78 and $ 60.90, respectively. The total value of carbon stock at the Ban Khum community forest was
$ 2,853.14, assuming a 6% annual interest rate and a carbon trading price of $ 50/tonne CO2.
Keywords:
carbon offset, carbon stock, dry dipterocarp forest, voluntary market, community forestReferences
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Uttaradit Rajabhat University, Uttaradit, Thailand
Uttaradit Rajabhat University, Uttaradit, Thailand
