February 6, 2011

Afforestation and Timber Management Compliance Strategies in Climate Policy. A Computable General Equilibrium Analysis

by Melania Michetti and Renato Nunes Rosa

- This paper analyzes the role of afforestation-reforestation and timber management activities, and their major and secondary economic effects in stabilizing climate during the first commitment period of the Kyoto Protocol. In particular, with a Computable General Equilibrium framework, the ICES model, it is inferred how forest carbon sequestration fits within the European domestic portfolio of a 2020-20 and 2020-30 climate stabilization policy. Afforestation and land use are accounted for by introducing their effects in the model.

Michetti, M. and R. Nunes Rosa (2011). "Afforestation and Timber Management Compliance Strategies in Climate Policy. A Computable General Equilibrium Analysis." FEEM Note di lavoro No. 2011.004, Jan 2011.