Enhancing Carbon Stock and Economics Potency for REDD+ Activity on Oil Palm-Eaglewood Agroforestry System
ABSTRACT
Agroforestry of oil palm and gaharu is one of potencial activity of REDD+, but information on carbon stock enhancement and economics potency is limited. This study is aiming to study the quantity of carbon stock enhancement and economic potency of REDD+ on oil palm – eaglewood agroforestry. Carbon stock of oil palm is estimated by IPCC default approach meanwhile carbon stock of eaglewood is estimated by biomass allometric. Economic potency of REDD+ is estimated by financial analysis based on compensation price of US$
6/tCO2. The results showed that the oil palm-eaglewood agroforestry system is appropriate for carbon stock enhancement on oil palm farming. Intensive pattern of oil palm-eaglewood agroforestry systems with one clear cutting rotation is an effective pattern to enhance carbon stock 224.4% better than pure oil palm farming on the end of rotation (25 years) from 16.43 tones to 36.87 tones. Additionally, oil palm-eaglewood agroforestry system increases the farmer income cumulatively compares to those of monoculture oil palm farming. Farmer income improvement is about 17.25% for non-intensive agroforestry system, and 25% on intensive agroforestry. Economics potency of REDD+ of oil palm-eaglewood agroforestry system is more feasible at compensation price US$ 20/tCO2 with termin payment mechanism. Agroforestry pattern which has highest economic potential is intensive agroforestry on clear cutting pattern with harvesting cycle is 6 years.
Keywords: Carbon stock, REDD+, agroforestry, oil palm, eaglewood
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