How the Risk Attitudes of Small-Scale Households Drive Forest Carbon Sequestration Supply: A Risk Experiment in China

by Zhu Zhen, Shen Yueqin, and Bai Jiangdi

Climate change and carbon emission reductions are growing concerns all over the world. It is suggested that mitigating climate change by enhancing forest carbon sequestration (FCS) may be a relatively low-cost option and would likely yield other environmental benefits. In the last few years, China has become the country with the largest artificial afforestation area in the world, and it pays a lot of attention to FCS projects. After collective forest tenure reform in China in the last 10 years, small-scale households have become the main subject of forest management endeavors as potential suppliers of FCS. This study aimed to determine how the risk attitudes of small-scale rural households affect FCS outcomes and their willingness to participate in FCS projects.

  • Publication Year: 2016
  • Country: China
  • Research Area: Forestry
  • Research Topic: Watershed, Ecosystem Services & REDD
  • Analytical Framework: Behavioral/Experimental Economics
Economy and Environment Program for Southeast Asia