Forest carbon and a regional perspective on the effectiveness of financial instruments within the forest bioeconomy

Michaela Perunová, Jarmila Zimmermannová and Tereza Schovánková
Additional contact information
Michaela Perunová: Department of Forestry and Wood Economics, Faculty of Forestry and Wood Sciences, Czech University of Life Sciences Prague, Prague, Czech Republic
Jarmila Zimmermannová: Science and Research Centre, Faculty of Health Sciences, Palacký University Olomouc, Olomouc, Czech Republic
Tereza Schovánková: Science and Research Centre, Faculty of Health Sciences, Palacký University Olomouc, Olomouc, Czech Republic

Journal of Forest Science, 2024, vol. 70, issue 6, 317-334

Abstract: The forest bioeconomy links to a climate-neutral economy for which effective economic and financial promotion is essential to sustainable development. The main purpose of this study was to examine the effects of financial support on the development of the forest bioeconomy in the Czech Republic in the period 2000-2021. Research objectives were met by applying literature review, time series analysis, spatial data analysis, cartogram and cartodiagram method, correlation analysis, and regression analysis. Firstly, regional divergences in financial flows were observed. Owing to the bark beetle calamity, the peak of the financial support was detected in the Vysočina Region (CZK 4 658/EUR 190 per ha), and the Olomouc Region (CZK 2 780/EUR 113 per ha) in 2020. An upward trend - more than 6-fold growth of financial flows to forestry was found. Secondly, the forest carbon model was discovered and tested. Financial contribution for reforestation, establishment, and tending of forest stands increases net carbon sinks while financial contribution for green and environmentally friendly technologies increases net carbon sources. Regional carbon reservoirs offer the potential to contribute to climate targets and achieve sustainable progress.

Keywords: circular economy; Czech Republic; financial support; forestry; regional analysis; spatial analysis (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://jfs.agriculturejournals.cz/doi/10.17221/24/2024-JFS.html (text/html)
http://jfs.agriculturejournals.cz/doi/10.17221/24/2024-JFS.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:caa:jnljfs:v:70:y:2024:i:6:id:24-2024-jfs

DOI: 10.17221/24/2024-JFS

Access Statistics for this article

Journal of Forest Science is currently edited by Mgr. Ilona Procházková

More articles in Journal of Forest Science from Czech Academy of Agricultural Sciences
Bibliographic data for series maintained by Ivo Andrle ().