The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change

Forests are critical for stabilizing our climate, but costs of mitigation remain uncertain. Here the authors show the global forest sector could reduce emissions by 6.0 GtCO2 yr−1 in 2055, or roughly 10% of the mitigation needed to limit warming to 1.5 °C by mid-century, at a cost of 393 billion USD...

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Main Authors:	K. G. Austin, J. S. Baker, B. L. Sohngen, C. M. Wade, A. Daigneault, S. B. Ohrel, S. Ragnauth, A. Bean
Format:	Article
Language:	English
Published:	Nature Publishing Group 2020-12-01
Series:	Nature Communications
Online Access:	https://doi.org/10.1038/s41467-020-19578-z

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spelling	doaj-e7fbb2316b4647e5b8b969c26400bce12021-05-11T08:31:23ZengNature Publishing GroupNature Communications2041-17232020-12-011111910.1038/s41467-020-19578-zThe economic costs of planting, preserving, and managing the world’s forests to mitigate climate changeK. G. Austin0J. S. Baker1B. L. Sohngen2C. M. Wade3A. Daigneault4S. B. Ohrel5S. Ragnauth6A. Bean7RTI InternationalRTI InternationalDepartment of Agricultural, Environmental and Development Economics, The Ohio State UniversityRTI InternationalSchool of Forest Resources, University of MaineUS EPAUS EPARTI InternationalForests are critical for stabilizing our climate, but costs of mitigation remain uncertain. Here the authors show the global forest sector could reduce emissions by 6.0 GtCO2 yr−1 in 2055, or roughly 10% of the mitigation needed to limit warming to 1.5 °C by mid-century, at a cost of 393 billion USD yr−1, or $281/tCO2.https://doi.org/10.1038/s41467-020-19578-z
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	K. G. Austin J. S. Baker B. L. Sohngen C. M. Wade A. Daigneault S. B. Ohrel S. Ragnauth A. Bean
spellingShingle	K. G. Austin J. S. Baker B. L. Sohngen C. M. Wade A. Daigneault S. B. Ohrel S. Ragnauth A. Bean The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change Nature Communications
author_facet	K. G. Austin J. S. Baker B. L. Sohngen C. M. Wade A. Daigneault S. B. Ohrel S. Ragnauth A. Bean
author_sort	K. G. Austin
title	The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
title_short	The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
title_full	The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
title_fullStr	The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
title_full_unstemmed	The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
title_sort	economic costs of planting, preserving, and managing the world’s forests to mitigate climate change
publisher	Nature Publishing Group
series	Nature Communications
issn	2041-1723
publishDate	2020-12-01
description	Forests are critical for stabilizing our climate, but costs of mitigation remain uncertain. Here the authors show the global forest sector could reduce emissions by 6.0 GtCO2 yr−1 in 2055, or roughly 10% of the mitigation needed to limit warming to 1.5 °C by mid-century, at a cost of 393 billion USD yr−1, or $281/tCO2.
url	https://doi.org/10.1038/s41467-020-19578-z
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The economic costs of planting, preserving, and managing the world’s forests to mitigate climate change

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