Forest and Forest Land Valuation: How to Value Forests and Forest Land to Include Carbon Costs and Benefits

Gabriel Fiuza de Braganca, Glenn Boyle and Lewis Evans

No 19115, Working Paper Series from Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation

Abstract: New Zealand has introduced legislation to implement the world's first 'all sectors all gases' emissions trading scheme (ETS) as a way of reducing the country's greenhouse gas emissions. The Scheme is to retrospectively introduce a price for carbon emissions in forestry from 1 January 2008 and will phase in other sectors over time (notably agriculture from 2013). This report develops a methodology for valuing the impact of this change on forest and forest land value.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcsr:19115

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