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Can carbon payments improve profitability of traditional conventional and organic cocoa agroforests? A case study in the Eastern Region of Ghana

dc.date.accessioned2023-08-14T14:04:32Z
dc.date.available2023-08-14T14:04:32Z
dc.date.issued2023-03-16
dc.identifierdoi:10.17170/kobra-202308018553
dc.identifier.urihttp://hdl.handle.net/123456789/14988
dc.description.sponsorshipGefördert im Rahmen des Projekts DEALger
dc.language.isoeng
dc.rightsNamensnennung 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectcarbon tradingeng
dc.subjectclimate changeeng
dc.subjectecosystem serviceeng
dc.subjectland use systemeng
dc.subjectorganic agroforestryeng
dc.subjectsustainabilityeng
dc.subject.ddc630
dc.titleCan carbon payments improve profitability of traditional conventional and organic cocoa agroforests? A case study in the Eastern Region of Ghanaeng
dc.typeAufsatz
dcterms.abstractThis study investigates the carbon (C) sequestration of traditional cocoa agroforestry systems in the Eastern Region of Ghana and the theoretical impact of CO₂ emission rights trading on their profitability. The study was conducted in four villages of Suhum Municipality, two each with either conventional or organic cocoa cultivation systems. Profitability was calculated using net present value of net cashflow (NPV), benefit cost ratio (BCR), and modified internal rate of return (MIRR). Carbon revenues were calculated using CO₂ emission trading rights prices ranging from 7.5 € tCO2eq.−1 (average EU trading price) to 42 € tCO2eq.−1(estimated social cost of CO₂ release). We tested the sensitivity of profitability indicators with three scenarios: 300% increase in interest rates, 20% yield reduction, and 10% increase in cost. NPV without CO2 payment for conventional agroforest was 20% higher than that of organic agroforest. Contrarily, BCR for the organic system was 30% larger than for the conventional counterpart. Profitability indicators for both systems were most sensitive to the 300% interest rate. The average C sequestered was 153 ± 13 t ha−1 whereby soil contributed the largest fraction with an average of 88 ± 11 t ha−1. Total C sequestered in the organic system was 30% higher than in the conventional system. In conclusion, CO₂ payments can improve the attractiveness of organic cocoa cultivation for farmers, although the paid price must be oriented to the estimated social costs caused by CO₂ release rather than the currently used trading price in the EU.eng
dcterms.accessRightsopen access
dcterms.creatorAgbotui, Deogratias Kofi
dcterms.creatorIngold, Mariko
dcterms.creatorWiehle, Martin
dcterms.creatorBürkert, Andreas
dc.relation.doidoi:10.1007/s10457-023-00828-0
dc.subject.swdGhanager
dc.subject.swdUmweltzertifikathandelger
dc.subject.swdNachhaltigkeitger
dc.subject.swdÖkosystemdienstleistungger
dc.subject.swdLandnutzungger
dc.subject.swdAgroforstwirtschaftger
dc.subject.swdBiologische Landwirtschaftger
dc.subject.swdKakaoger
dc.subject.swdKlimaänderungger
dc.type.versionpublishedVersion
dcterms.source.identifiereissn:1572-9680
dcterms.source.issueIssue 5
dcterms.source.journalAgroforestry Systemseng
dcterms.source.pageinfo813-831
dcterms.source.volumeVolume 97
kup.iskupfalse


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