The purpose of this paper is to assess existing studies on the economics of using forests as a means of mitigating atmospheric carbon build-up. This study describes both early studies and the evolution of studies of the economics of forest management as a vehicle to mitigate the build-up of atmospheric carbon. A cross-section of recent studies is presented. This assessment addresses contemporary conceptual and empirical issues in estimating the costs of carbon sequestration. It also provides a basis for mitigating the build-up of atmospheric carbon. Critical needs and opportunities for future research are identified.
Keywords: economics, forest management, carbon sequestration, forests.
Correspondence: Roger A. Sedjo, Resources for the Future, 1616 P Street NW, Washington, DC 20036, USA