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Economics of carbon sequestration in south kheri forest division of Uttar Pradesh

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Author: 
Uma Shanker Singh
Abstract: 

Forests have been an integral part of any biological ecosystem and it has been damaged to the level that now it is not only important for our revival but it’s a question of our survival. The deforestation is a major problem worldwide on account of various factors. The conversions of forests to other land uses is responsible for around 10% of net global carbon emissions .The estimates of the net release of carbon at the global level are highly uncertain. The estimates of annual carbon emission (gross) from deforestation for India are 41 Mt to 42 Mt. Another estimate of the annual net carbon emissions shows that the emissions from the forestry sector in India are nearly offset by carbon sequestration in forests. The forest rich nations flagged the issue of deforestation for the first time in COP-13 at Bali in the year 2007. The basic concept of of Reduced Emission from deforestation and degradation (REDD) was brought in and they stated that REDD’S basic concept is simple: governments, companies or forest rich countries should be rewarded for keeping their forests instead of cutting them down. The issues were discussed in subsequent meetings of conference of parties (COP) in the following years but the political as well as the administrative will of the international communities were conspicuous by its absence. The COP-21 at Paris is a new mile stone in climate change agreement and it is certain that unless a proper market structure is not given to the forest rich countries the concept of REDD+ will not be operationalised. Today Kyoto protocol is almost dead and the international community’s need to have a new well built market structure with all the binding rules in place is urgently required if REDD+ is to be kept alive.

EDITOR-IN-CHIEF

        

            Prof. Dr. ISMAIL YILDIRIM

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