University of British Columbia researchers publish findings in pathways for sustainable forestry offsets, as Canada's forest potential for carbon credit is largely untapped; study looks at challenges, solutions for developing forestry offsets in Canada,

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December 8, 2023 (press release) –

2023 DEC 07 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Researchers detail new data in sustainable forests. According to news reporting originating from Vancouver, Canada , by NewsRx correspondents, research stated, “Forestry offsets, recognized for their diverse environmental and social co-benefits, are gaining a growing interest as nature-based solutions to combat climate change.”

Funders for this research include China Scholarship Council ; State Key Laboratory of Subtropical Silviculture ; Human And Nature Youth Club .

The news correspondents obtained a quote from the research from University of British Columbia : “Despite Canada’s extensive forest resources, its potential for carbon credit remains largely untapped. This study aims to unveil the prevailing challenges in developing forestry offsets in Canada and propose potential solutions, drawing on insights from in-depth semi-structured interviews (SSIs) with 23 experts in the field. A qualitative thematic analysis highlighted 14 challenges under four major frequently discussed themes: methodological (37%), social (29%), economic (22%), and implementation challenges (12%). Our findings highlighted the urgency of addressing key obstacles, including the impermanent nature of forestry carbon offsets, substantial public knowledge gaps, uncertainties in the cost-effectiveness impacting financial viability, and the need for enhanced capacity for project implementation. Building on the discussions on the identified challenges, this study further presented a comprehensive analysis of the future directions for Canada , emphasizing the importance of addressing key methodological issues, enhancing public and Indigenous education and engagement, and leveraging advanced technologies and innovative approaches like ton-year accounting for economic viability.”

According to the news reporters, the research concluded: “This paper delivers pivotal insights that have the potential to shape the direction and integrity of the forestry offset markets in both Canada and globally.”

For more information on this research see: Canada’s Green Gold: Unveiling Challenges, Opportunities, and Pathways for Sustainable Forestry Offsets. Forests, 2023,14(11):2206. (Forests - http://www.mdpi.com/journal/forests/). The publisher for Forests is MDPI AG .

A free version of this journal article is available at https://doi.org/10.3390/f14112206.

Our news editors report that more information may be obtained by contacting Chunyu Pan , Faculty of Forestry, University of British Columbia , 2424 Main Mall , Vancouver, BC V6T 1Z4, Canada . Additional authors for this research include Chong Li , Alexander An, George Deng , Jerry KuiJie Lin, Junran He, Jonelle Fangyu Li , Xilai Zhu , Guomo Zhou, Anil Kumar Shrestha , Robert Kozak , Guangyu Wang .

 

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