Simulation Study on the Mechanism and Factors of Forestry Carbon Sequestration Market Development

DOI

10.2991/icitme-18.2018.23How to use a DOI?

Keywords

forestry carbon sequestration market; mechanism; factors; simulation

Abstract

This paper aims to analyze the mechanism and factors of forestry carbon sequestration market development. It is concluded that there is great development potential in the forestry carbon sequestration market of Zhejiang Province and all of the market subjects make active response to the market, which will provide favorable internal conditions for market expansion, and it is conductive to mitigate the carbon emission and cope with the climate changes through forestry carbon sequestration. In addition, this paper constructs a carbon transaction price conversion coefficient model based on market mechanism, calculates the conversion rate of Zhejiang traditional forestry management into carbon sequestration forestry management in different carbon price and then carries out a simulation of the development trend of Zhejiang forestry management. The results show that carbon price of Zhejiang voluntary carbon market will rise from the current 110 Yuan to 1100 Yuan in future 20 years. Rational forestry management subjects will continue to realize the conversion from traditional forestry management to carbon sequestration forestry management, and the conversion rate will achieve at 0.875. In the end, this paper discuses and explains the relevant factors restricting the development of Zhejiang voluntary carbon market.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fei Long
AU  - Huibo Qi
PY  - 2018/08
DA  - 2018/08
TI  - Simulation Study on the Mechanism and Factors of Forestry Carbon Sequestration Market Development
BT  - Proceedings of the 2018 International Conference on Information Technology and Management Engineering (ICITME 2018)
PB  - Atlantis Press
SP  - 116
EP  - 119
SN  - 1951-6851
UR  - https://doi.org/10.2991/icitme-18.2018.23
DO  - 10.2991/icitme-18.2018.23
ID  - Long2018/08
ER  -