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Related Concept Videos

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Measuring Carbon-based Contaminant Mineralization Using Combined CO2 Flux and Radiocarbon Analyses
11:19

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Published on: October 21, 2016

Carbon payments and low-cost conservation.

Neville D Crossman1, Brett A Bryan, David M Summers

  • 1CSIRO Ecosystem Sciences, PMB 2, Urrbrae, South Australia 5064, Australia. Neville.crossman@csiro.au

Conservation Biology : the Journal of the Society for Conservation Biology
|April 22, 2011
PubMed
Summary

Carbon pricing can incentivize diverse tree plantings for conservation. Payments of $6-120/ha/year may encourage restoration over carbon monocultures, despite lower carbon sequestration.

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Area of Science:

  • Ecological economics
  • Conservation biology
  • Restoration ecology

Background:

  • Carbon pricing is expected to increase demand for carbon offset schemes.
  • This demand may favor carbon monocultures over diverse native plantings.
  • Economic incentives like species conservation banking can bridge the financial gap for biodiversity conservation.

Purpose of the Study:

  • To quantify economic returns from agriculture and carbon plantings under various carbon prices.
  • To identify priority areas for restoration using mixed tree and shrub plantings.
  • To assess the potential of financial incentives to promote biodiversity-friendly land use.

Main Methods:

  • Economic analysis of agricultural and carbon planting returns in a modified agricultural system in southern Australia.
  • Modeling of six carbon-price scenarios.
  • Identification of high-priority restoration locations for mixed plantings.

Main Results:

  • Direct annual payments of AU$7-125/ha (US$6-120/ha) may be sufficient to encourage diverse plantings.
  • Carbon markets combined with payments can make restoration economically viable.
  • Mixed native plantings sequester less carbon than monocultures but offer greater biodiversity benefits.

Conclusions:

  • Financial incentives can align carbon markets with conservation goals.
  • Restoration of high-priority areas is feasible with appropriate economic support.
  • Balancing carbon sequestration with biodiversity conservation requires careful economic and ecological consideration.