Sat, Aug 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Environmental Trading, Research more

Value of world’s forest carbon could be undervalued by $800bln

Posted on 13 March 2014

Edinburgh University’s Carbomap, an environmental survey company, has announced the completion of a three-dimensional carbon map of a forested region in Costa Rica and it reveals that the actual carbon content is 22% higher than published values using traditional satellite methods of measuring forest carbon.
Estimated using approved methodologies by the United Nations Framework Convention on Climate Change (UNFCCC), the global forest carbon stocks are understood to contain 638 billion tonnes of carbon, which may be valued at more than $3.8 trillion (using an average price of $6 per tonne of carbon)………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 41692 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031