ASSESSMENT AND ECONOMIC VALUATION OF CARBON STOCK OF A GUINEA SAVANNAH ECOSYSTEM IN NORTH-CENTRAL, NIGERIA
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Keywords

Economic valuation
climate change
carbon stock

How to Cite

Adedotun, A., Saka, M. G, & Dongs, Y. D. (2024). ASSESSMENT AND ECONOMIC VALUATION OF CARBON STOCK OF A GUINEA SAVANNAH ECOSYSTEM IN NORTH-CENTRAL, NIGERIA . Journal of Agricultural Economics, Environment and Social Sciences, 10(1), 102-116. Retrieved from https://jaeess.com.ng/index.php/jaeess/article/view/225

Abstract

Global warming is among the most dreaded challenges of this era where carbon emission
is majorly the causal factor. This is as a result of fossil fuel burning and deforestation.
Trees functions as carbon sink by absorbing carbondioxide from the atmosphere and also
serve as an avenue to generate foreign earnings in the carbon market through carbon
trading hence this study aimed at assessing and estimating the economic value of carbon
stock of trees in the study area. A systematic sampling technique was used where four (4)
transects of 500m were laid at interval of 150m apart from each other. Four (4)
rectangular plots of 100m x 50m in size were laid alternatively along each transect at
20m. Data collected were names of the tree species, diameter at breast height (dbh) and
tree height. Allometric equations (non-destructive method) were used for calculation of
the tree biomass and carbon sequestrated. The results revealed that the total average
biomass stock in the study area was estimated at 32.7 tons while the total carbon dioxide
sequestered by all trees was 302.3 tons/ha. The estimated economic value of the carbon
dioxide sequestrated was $72,550.26 or equivalent to ₦56,252,569.29. This showed the
economic and ecological significance of the study area where foreign earnings can be
generated in addition to contributing towards mitigation of climate change.

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