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Emission Trading Systems and Forestry: Understanding the Case of New Zealand and Applications for Sweden through the EU ETS

Lyrvall, Anna LU (2023) EOSK12 20231
Department of Economic History
Abstract
Forest carbon sinks are becoming increasingly important as a climate change mitigation tool. To date, New Zealand is the only country that has fully incorporated forestry into its emission trading framework. This study seeks to understand if and how that has impacted forest management practices and carbon sink enhancement. Furthermore, this study seeks to understand to what extent the practices in New Zealand could be useful for improving Sweden's forest carbon sinks by studying the European Emission Trading System. As Sweden is one of the most forested countries in Europe, understanding global, regional and
national policy development related to forestry is essential to enhance Sweden's carbon sinks and reach national climate targets.... (More)
Forest carbon sinks are becoming increasingly important as a climate change mitigation tool. To date, New Zealand is the only country that has fully incorporated forestry into its emission trading framework. This study seeks to understand if and how that has impacted forest management practices and carbon sink enhancement. Furthermore, this study seeks to understand to what extent the practices in New Zealand could be useful for improving Sweden's forest carbon sinks by studying the European Emission Trading System. As Sweden is one of the most forested countries in Europe, understanding global, regional and
national policy development related to forestry is essential to enhance Sweden's carbon sinks and reach national climate targets. This study uses quantitative regression analysis and descriptive statistics to study
the relationship between the price of New Zealand carbon units and forest management practices. Findings from the research demonstrates some relation between carbon sink enhancement and price of
NZU. Therefore, if New Zealand’s emission trading system had been applied solely to the case of Sweden it is possible that it would enhance Sweden’s carbon sinks. However, on an EU level, as the region consists of multiple member states which are vastly different, another type of study would have to be conducted. (Less)
Please use this url to cite or link to this publication:
author
Lyrvall, Anna LU
supervisor
organization
course
EOSK12 20231
year
type
M2 - Bachelor Degree
subject
keywords
Emission trading, EU ETS, NZ ETS, forestry, LULUCF
language
English
id
9133188
date added to LUP
2023-08-30 08:50:44
date last changed
2023-08-30 08:50:44
@misc{9133188,
  abstract     = {{Forest carbon sinks are becoming increasingly important as a climate change mitigation tool. To date, New Zealand is the only country that has fully incorporated forestry into its emission trading framework. This study seeks to understand if and how that has impacted forest management practices and carbon sink enhancement. Furthermore, this study seeks to understand to what extent the practices in New Zealand could be useful for improving Sweden's forest carbon sinks by studying the European Emission Trading System. As Sweden is one of the most forested countries in Europe, understanding global, regional and
national policy development related to forestry is essential to enhance Sweden's carbon sinks and reach national climate targets. This study uses quantitative regression analysis and descriptive statistics to study
the relationship between the price of New Zealand carbon units and forest management practices. Findings from the research demonstrates some relation between carbon sink enhancement and price of
NZU. Therefore, if New Zealand’s emission trading system had been applied solely to the case of Sweden it is possible that it would enhance Sweden’s carbon sinks. However, on an EU level, as the region consists of multiple member states which are vastly different, another type of study would have to be conducted.}},
  author       = {{Lyrvall, Anna}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Emission Trading Systems and Forestry: Understanding the Case of New Zealand and Applications for Sweden through the EU ETS}},
  year         = {{2023}},
}