Carbon markets as a financial instrument in the forestry sector in Turkey

Basit Öğe Kaydı
dc.authorid0000-0001-9230-3778en_US
dc.authorid0000-0001-5166-928Xen_US
dc.contributor.authorDemirci, Ufuk
dc.contributor.authorÖztürk, Atakan
dc.date.accessioned2021-09-28T08:46:27Z
dc.date.available2021-09-28T08:46:27Z
dc.date.issued2015
dc.departmentAÇÜ, Orman Fakültesi, Orman Mühendisliği Bölümüen_US
dc.description.abstractForests 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.
dc.identifier.citationDemirci, U., & Öztürk, A. (2015). Carbon markets as a financial instrument in the forestry sector in Turkey. International Forestry Review, 17(2), 141-152.en_US
dc.identifier.doi10.1505/146554815815500606
dc.identifier.endpage152en_US
dc.identifier.issue2en_US
dc.identifier.scopusqualityQ2
dc.identifier.startpage141en_US
dc.identifier.urihttps://hdl.handle.net/11494/3475
dc.identifier.volume17en_US
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorDemirci, Ufuk
dc.institutionauthorÖztürk, Atakan
dc.language.isoenen_US
dc.publisherCommonwealth Forestry Assocen_US
dc.relation.ispartofInternational Forestry Review
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectTurkish forestry sectoren_US
dc.subjectFinancing mechanismsen_US
dc.subjectRegulatory carbon marketsen_US
dc.subjectVoluntary carbon marketsen_US
dc.subjectClimate changeen_US
dc.titleCarbon markets as a financial instrument in the forestry sector in Turkeyen_US
dc.typeArticle

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