Value of world's forest carbon could be undervalued by $800bn

13 March 2014

Edinburgh University’s Carbomap, an environmental survey company, has announced the completion of a three-dimensional carbon map of a forested region in Costa Rica and it reveals that the actual carbon content is 22% higher than published values using traditional satellite methods of measuring forest carbon.

Estimated using approved methodologies by the United Nations Framework Convention on Climate Change (UNFCCC), the global forest carbon stocks are understood to contain 638 billion tonnes of carbon, which may be valued at more than $3.8 trillion (using an average price of $6 per tonne of carbon).

Read more from Click Green here or from Carbomap's website here