Re-Assessment of Forest Carbon Balance in Southeast Asia: Policy Implications for REDD+

Vathana Khun^1,2, Nophea Sasaki^1,3

¹Graduate School of Applied Informatics, University of Hyogo, Kobe, Japan.
²National REDD+ Taskforce Secretariat, Forestry Administration, Phnom Penh, Cambodia.
³School of Earth and Environmental Sciences, University of Adelaide, Adelaide, Australia.

DOI: 10.4236/lce.2014.54016                

Abstract

Southeast Asia is rich in tropical forests and biodiversity but rapid deforestation and forest degradation have accelerated climate change and threatened sustainable development in the region. Carbon emission reductions through reducing deforestation and forest degradation, forest conservation, sustainable management of forests, and enhancement of forest carbon stocks (REDD+) have been a focal topic of the climate change mitigation since the Bali in 2007. However, only a handful of studies exist so far on this important issue that are suitable to inform the debate with estimates of carbon stocks and emission reductions or removals as a result of REDD+. Our study attempts to analyze the potential emission reductions and removals for a 35-year period under the REDD+ scheme. We start by developing land use change and forest harvesting models that are used to estimate carbon stock changes in natural forests and forest plantations in Southeast Asia. Carbon emissions from deforestation and forest degradation of natural forests were 1865.1, 1611.4, and 1300.4 TgCO₂ year^-1, respectively. With a hypothetical carbon project of 35 years beginning from 2015, carbon emission reductions were estimated at 817.6 TgCO₂ year^-1, of which about 10% was from reducing forest degradation. Carbon removals due to increase of forest plantations were 76.3 TgCO₂ year^-1 but the removals could be much higher if there is a new definition on the eligibility of forest plantations. Summing up together, about 893.9 TgCO₂ of carbon credits could be achieved from implementing carbon project in Southeast Asia or about US $6.6 billion annually between 2015 and 2050 if carbon price in 2012 is used. In addition to reducing emissions, there are other benefits from carbon project implementation. This study suggests that REDD+ has great potential for reducing carbon emissions and enhancing carbon stocks in the forests. Without financial incentives, carbon project would not happen and therefore climate change will continue to threaten future development.

Keywords

Carbon Emissions, Carbon Finance, Deforestation, Forest Degradation, Tropical Forests

Conflicts of Interest

The authors declare no conflicts of interest.

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