Carbon markets as a financial instrument in the forestry sector in Turkey
Yükleniyor...
Dosyalar
Tarih
2015
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Commonwealth Forestry Assoc
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Forests play a crucial role in mitigating climate change, and carbon markets offer a good alternative for financing forestry sector projects. However, the forestry sector in Turkey has not attempted to benefit from these markets yet. This paper presents the current situation of the Turkish forestry sector in carbon markets and evaluates the viability of these markets for financing forestry projects. This paper argues that under current international restrictions, the Turkish forestry sector can benefit only from voluntary carbon markets through afforestation, reforestation, improved forest management, and agro-forestry activities. To do this, Turkey will have to establish an institutional framework and estimate the national carbon sequestration potential for the forestry sector. If forestry activities were financed through compliance and voluntary carbon markets, it is possible that substantial funds could be raised through these markets. Carbon markets thus offer viable options for financing forestry projects in Turkey now as well as in the future.
Açıklama
Anahtar Kelimeler
Turkish forestry sector, Financing mechanisms, Regulatory carbon markets, Voluntary carbon markets, Climate change
Kaynak
International Forestry Review
WoS Q Değeri
N/A
Scopus Q Değeri
Q2
Cilt
17
Sayı
2
Künye
Demirci, U., & Öztürk, A. (2015). Carbon markets as a financial instrument in the forestry sector in Turkey. International Forestry Review, 17(2), 141-152.
