Please use this identifier to cite or link to this item: https://doi.org/10.1038/s41467-021-21560-2
DC FieldValue
dc.titleCarbon prospecting in tropical forests for climate change mitigation
dc.contributor.authorKoh, Lian Pin
dc.contributor.authorZeng, Yiwen
dc.contributor.authorSarira, Tasya Vadya
dc.contributor.authorSiman, Kelly
dc.date.accessioned2022-10-13T06:47:33Z
dc.date.available2022-10-13T06:47:33Z
dc.date.issued2021-02-24
dc.identifier.citationKoh, Lian Pin, Zeng, Yiwen, Sarira, Tasya Vadya, Siman, Kelly (2021-02-24). Carbon prospecting in tropical forests for climate change mitigation. Nature Communications 12 (1) : 1271. ScholarBank@NUS Repository. https://doi.org/10.1038/s41467-021-21560-2
dc.identifier.issn2041-1723
dc.identifier.urihttps://scholarbank.nus.edu.sg/handle/10635/233078
dc.description.abstractCarbon finance projects that protect tropical forests could support both nature conservation and climate change mitigation goals. Global demand for nature-based carbon credits is outpacing their supply, due partly to gaps in knowledge needed to inform and prioritize investment decisions. Here, we show that at current carbon market prices the protection of tropical forests can generate investible carbon amounting to 1.8 (±1.1) GtCO2e yr?1 globally. We further show that financially viable carbon projects could generate return-on-investment amounting to $46.0b y?1 in net present value (Asia-Pacific: $24.6b y?1; Americas: $19.1b y?1; Africa: $2.4b y?1). However, we also find that ~80% (1.24 billion ha) of forest carbon sites would be financially unviable for failing to break even over the project lifetime. From a conservation perspective, unless carbon prices increase in the future, it is imperative to implement other conservation interventions, in addition to carbon finance, to safeguard carbon stocks and biodiversity in vulnerable forests. © 2021, The Author(s).
dc.publisherNature Research
dc.rightsAttribution 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.sourceScopus OA2021
dc.typeArticle
dc.contributor.departmentDEAN'S OFFICE (SCIENCE)
dc.contributor.departmentDEPT OF BIOLOGICAL SCIENCES
dc.contributor.departmentBIOLOGICAL SCIENCES
dc.description.doi10.1038/s41467-021-21560-2
dc.description.sourcetitleNature Communications
dc.description.volume12
dc.description.issue1
dc.description.page1271
Appears in Collections:Elements
Staff Publications

Show simple item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
10_1038_s41467-021-21560-2.pdf1.19 MBAdobe PDF

OPEN

NoneView/Download

SCOPUSTM   
Citations

23
checked on Jan 30, 2023

Page view(s)

22
checked on Jan 26, 2023

Download(s)

1
checked on Jan 26, 2023

Google ScholarTM

Check

Altmetric


This item is licensed under a Creative Commons License Creative Commons