ROOTS OF RICHES: HARNESSING CARBON-CENTRIC FOREST MANAGEMENT FOR DUAL GAINS IN ENVIRONMENTAL AND ECONOMIC PROSPERITY

Abstract

With the escalating impacts of climate change on ecosystems, the imperative to mitigate greenhouse gas emissions has gained unprecedented significance. The President of the United Nations Climate Change Conference underscored the urgent need to limit global warming to a maximum of 1.5 degrees Celsius and committed to reducing global CO2 emissions by nearly 50% by 2030. In light of this global commitment, the focus has shifted from solely reducing CO2 emissions to enhancing carbon sequestration as a critical strategy for environmental protection.

Historically, the prevailing perspective centered on the necessity of curbing deforestation to achieve increased carbon sequestration. However, this viewpoint requires reevaluation. It is now evident that carbon sequestration can also be bolstered through the growth of mature trees, the establishment of new forests, and the sustainable management of forest products. Moreover, it is essential to recognize the broader impacts of such strategies, including their potential to conserve biodiversity and generate cultural and recreational values. Consequently, the selection of an appropriate forest management plan emerges as a pivotal determinant in maximizing the multifaceted value of forests.

This study delves into the intricate relationship between forest management strategies and carbon sequestration. By exploring the potential of various forest management approaches, including planned deforestation for value optimization, it aims to provide insights into how these strategies can contribute to both mitigating climate change and enriching the ecological, economic, and cultural aspects of our environment