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Economic Valuation of Forest Carbon Storage and REDD+ Readiness: Insights from Virachey National Park, Cambodia

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Analysis reveals REDD+ project viability with significant carbon storage in Virachey National Park, suggesting local investment opportunities.

Virachey National Park has an estimated carbon storage potential of around 28 million tons of carbon, showing its importance in climate mitigation.
With a carbon price ranging from $6.5 to $61.30 per ton, net present values for carbon storage projects can reach up to $368 million over 20 years.
The study utilized the Integrated Valuation of Ecosystem Services and Trade-Offs model to quantify and map carbon storage across various carbon pools.
Findings indicate strong community willingness to engage in REDD+ projects, highlighting the necessity for innovative carbon finance strategies.

Chou et al. (2025) studied this question.

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Analysis reveals REDD+ project viability with significant carbon storage in Virachey National Park, suggesting local investment opportunities.