Determination of Net Present Value of Carbon Sequestration in Populus deltoides Plantation

Increasing carbon storage in forests is the goal of sustainable management, in recent years, it has been recognized as one of the important tools in mitigating the impact of climate change. Carbon trading is one of the market-based tools as a cost-effective and convenient way to climate change and environmental issues. The aim of this study is to determine the economic value of carbon in poplar plantation. Carbon content was measured in the plantation of Populus deltoides and adjusted carbon price was determined using the non-stationary regression model. Net present value of carbon was calculated and finally sensitivity analysis of price and carbon interest rate were performed. Results show the plantation stock was 180.2 m3/ha (57.6 t/ha) and carbon content was 32.2 t/ha at age 36 years. Net Present Value calculated at different ages and the sensitivity analysis showed that the net present value increased with increasing price and interest rate.