Forestry Clean Development Mechanism and the Heveicuture in the State of Acre, Brazil

ABSTRACT The objective of this paper is to generate economic information on rubber tree (Hevea spp.) plantations included in the carbon market under the clean development mechanism (CDM), deployed in the state of Acre, Brazil. To this end, considering data from local heveiculture projects, Net Present Value (NPV), Land Expectation Value (LEV), and Internal Rate of Return (IRR) were quantified for theses reforestations. Based on the results obtained, we conclude that reforestation with rubber trees for carbon sequestration under Forestry CDM may be feasible in the state of Acre, thus strengthening the forest-based economy of the region, provided that the income generated from these plantations is not reduced by more than 20% compared with the average value obtained at the time of this study.