Journal
JOURNAL OF ENVIRONMENTAL MANAGEMENT
Volume 112, Issue -, Pages 368-376Publisher
ACADEMIC PRESS LTD- ELSEVIER SCIENCE LTD
DOI: 10.1016/j.jenvman.2012.08.004
Keywords
Carbon sequestration; Olive groves; Andalusia; Economic valuation; Choice experiments
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Funding
- Spanish Ministry of Economy and Competitiveness
- FEDER [SUM2008-03-C03-02, AGL2010-17560-C02-01]
- Andalusian Department of Economy, Innovation and Science [P11-SEJ-7039]
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In this paper we present an estimate of the economic value of carbon sequestration in olive grove soils derived from the implementation of different agricultural management systems. Carbon sequestration is considered jointly with other environmental co-benefits, such as enhanced erosion prevention and increased biodiversity. The estimates have been obtained using choice experiments and show that there is a significant demand from society for these environmental services. From a policy perspective, an agri-environmental scheme that delivers the highest level of each environmental service would be valued by society at 121 Euros per hectare. If we focus on carbon sequestration, each ton of CO2 would be valued at 17 Euros. These results show that there is scope to include agricultural soil carbon sequestration in climate change mitigation strategies and to provide guidance for setting payments for agri-environmental schemes promoting soil management changes. (C) 2012 Elsevier Ltd. All rights reserved.
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