Trade-off between carbon offset and economic benefit: Potential of cocoa-based agroforestry system implemented in voluntary carbon market
| dc.date.accessioned | 2023-11-06T14:45:14Z | |
| dc.date.available | 2023-11-06T14:45:14Z | |
| dc.date.issued | 2023-11-02 | |
| dc.identifier | doi:10.17170/kobra-202311028937 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/15157 | |
| dc.language.iso | eng | |
| dc.rights | Namensnennung 4.0 International | * |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | * |
| dc.subject | cocoa-based AFS | eng |
| dc.subject | carbon trade-off | eng |
| dc.subject | theobroma cacao | eng |
| dc.subject.ddc | 630 | |
| dc.subject.swd | Indonesien | ger |
| dc.subject.swd | Kakaoproduktion | ger |
| dc.subject.swd | Agroforstwirtschaft | ger |
| dc.subject.swd | Kakaobaum | ger |
| dc.subject.swd | Kohlendioxid | ger |
| dc.subject.swd | Finanzanalyse | ger |
| dc.title | Trade-off between carbon offset and economic benefit: Potential of cocoa-based agroforestry system implemented in voluntary carbon market | eng |
| dc.type | Aufsatz | |
| dc.type.version | publishedVersion | |
| dcterms.abstract | Agroforestry systems (AFS) are a viable option for the mitigation of deforestation. Thus far AFS has been recognized and financed through the Voluntary Carbon Market (VCM) program; however, analysis of the potential carbon credit payment and productivity trade-off has rarely been conducted. This study aims to analyse the potential of cocoa-based AFS in terms of the trade-off of carbon accumulation and productivity in West Sumatra, Indonesia. The trade-off is shown through 20 years of financial analysis between the two schemes: AFS without the VCM scheme (agroforestry Business as Usual-aBAU); and AFS with the VCM scheme. A comparison is made between four types of cocoa plantations in West Sumatra: (i) Cocoa-Rubber (CR), (ii) Cocoa Multi-strata (CM), (iii) Cocoa-Coconut (CC), and (iv) Monoculture practice (M). The results showed that under the aBAU scheme, CC showed the highest Net Present Value (NPV) and Benefit Cost Ratio (BCR) of $6,647 USD and 5.8 respectively, while the lowest was CR, with an NPV and BCR of $2,423 USD and 2.73, respectively. Cocoa monoculture presented the group with the fastest payback period (PP) of two years. Utilising a VCM scheme under the Plan Vivo standard with Voluntary Emission Reduction (VER) as a selling unit, cocoa farmers stand to gain NPV by 15-25% at VER prices of $8 USD MgCO2e-1. It is thus concluded that cocoa-based AFS could be adopted under the VCM scheme with the dual purposes of enhancing carbon-storage through AFS and greater income for farmers. | eng |
| dcterms.accessRights | open access | |
| dcterms.creator | Santhyami | |
| dcterms.creator | Roziaty, Efri | |
| dcterms.creator | Suparti | |
| dcterms.source.identifier | eissn:2363-6033 | |
| dcterms.source.issue | No. 2 | |
| dcterms.source.journal | Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS) | eng |
| dcterms.source.pageinfo | 101-114 | |
| dcterms.source.volume | Vol. 124 | |
| kup.iskup | false |