Forestry and biomass energy projects: Bottom-up comparisons of CO2 storage and costs

This paper presents a comprehensive and consistent methodology to account for the costs and net carbon flows of different categories of forestry and biomass energy projects and describes the application of the methodology to several sets of projects in Latin America. The results suggest that both biomass energy development and forestry measures including reforestation and forest protection can contribute significantly to the reduction of global CO2 emissions, and that local land-use capacity must determine the type of project that is appropriate in specific cases. No single approach alone is sufficient as either a national or global strategy for sustainable land use or carbon emission reduction. The methodology allows consistent comparisons of the costs and quantities of carbon stored in different types of projects and/or national programs, facilitating the inclusion of forestry and biomass energy projects in a possible CO2 emission reduction regime.