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Such products are important to own relaxation, social, and monetary viewpoints, as well as biodiversity indications

Such products are important to own relaxation, social, and monetary viewpoints, as well as biodiversity indications

The domestic portfolio, which was constructed by selecting scenarios that had the highest mitigation potential for each TSA, was found to be the most cost-effective scenario for the province. dose for the default and low implementation levels, respectively. This implies that, with appropriate actions, BC’s forest sector would be able to contribute significantly to climate change mitigation at costs that are below the carbon price of $50/tCO2e which will be implemented at the provincial level in 2021 and at the national level in 2022. The domestic portfolio only generated socio-economic benefits at the low implementation level, because at the default implementation level (Table 4), the portfolio consisted of more conservation scenarios, which negatively affect socio-economic benefits.