气候变化领域集成服务门户(CCPortal): Market Costs and Financing Options for Grassland Carbon Sequestration: Empirical and Modelling Evidence From Qinghai, China

CCPortal

DOI	10.3389/fenvs.2021.657608
	Market Costs and Financing Options for Grassland Carbon Sequestration: Empirical and Modelling Evidence From Qinghai, China
	Wilkes, Andreas; Wang, Shiping; Lipper, Leslie; Chang, Xiaofeng
通讯作者	Wang, SP (通讯作者)
发表日期	2021
EISSN	2296-665X
卷号	9
英文摘要	Asia's grasslands provide livelihoods for some of the region's poorest people. Widespread grassland degradation reduces the resilience and returns to herding livelihoods. Reversing degradation and conserving grasslands could not only improve herders' situation, but also make a huge contribution to mitigating climate change by sequestering carbon in soils. However, the means for reaching each of these objectives are not necessarily the same. To realize this potentially huge dual livelihood/climate change mitigation outcome from improved grassland management, it is necessary to have detailed understanding of the processes involved in securing better livelihoods and sequestering carbon. Based on household surveys on the Tibetan Plateau and modeling results, this study estimates economic and market costs of grassland carbon sequestration, and analyzes the implications of household and carbon project cash flows for the design of financing options. Five scenarios are modeled involving cultivation of grass on severely degraded grassland (all scenarios) and reduced grazing intensity on less degraded land, which requires destocking by 29, 38, 47, 56, and 65% in each scenario). Modeling results suggest that economic benefits for herders are positive at low levels of destocking, and negative at high levels of destocking, but initial investments and opportunity costs are significant barriers to adoption for households in all destocking scenarios. Existing rural finance products are not suitable for herders to finance the necessary investments. Market costs-the cost at which transactions between herders and carbon project developers are feasible-depend on the scale of project implementation but are high compared to recent carbon market prices. Large initial investments increase project developers' financing costs and risk, so co-financing of initial investments by government would be necessary. Therefore, public policies to support grassland carbon sequestration should consider the potential roles of a range of financial instruments.
关键词	SOIL ORGANIC-CARBON HOUSEHOLD INCOME TIBETAN PLATEAU INNER-MONGOLIA ECOSYSTEM RESPIRATION LIVESTOCK PRODUCTION GRAZING EXCLUSION STOCKING RATE LAND-USE MANAGEMENT
英文关键词	grassland; soil carbon (C) sequestration; carbon offsets; investment cost; opportunity cost; China
语种	英语
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Sciences
WOS记录号	WOS:000648595900001
来源期刊	FRONTIERS IN ENVIRONMENTAL SCIENCE
来源机构	中国科学院青藏高原研究所
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/260263
推荐引用方式 GB/T 7714	Wilkes, Andreas,Wang, Shiping,Lipper, Leslie,et al. Market Costs and Financing Options for Grassland Carbon Sequestration: Empirical and Modelling Evidence From Qinghai, China[J]. 中国科学院青藏高原研究所,2021,9.
APA	Wilkes, Andreas,Wang, Shiping,Lipper, Leslie,&Chang, Xiaofeng.(2021).Market Costs and Financing Options for Grassland Carbon Sequestration: Empirical and Modelling Evidence From Qinghai, China.FRONTIERS IN ENVIRONMENTAL SCIENCE,9.
MLA	Wilkes, Andreas,et al."Market Costs and Financing Options for Grassland Carbon Sequestration: Empirical and Modelling Evidence From Qinghai, China".FRONTIERS IN ENVIRONMENTAL SCIENCE 9(2021).