Table 4.
Estimated costs of reducing deforestation through trade of deforestation rights within the forest biome of the state of Mato Grosso under the new Brazilian Forest Code regulations. Area of lands to be restored and available for trade is based on 2009 land cover.
| BFC 2012 scenarios |
||
|---|---|---|
| Alt1 | Alt2 | |
| area to be restored (km2) | 83 100 | 76 867 |
| average value of lands to be restored (US$ ha−1) | 679 | 673 |
| average cost of restoration (US$ ha−1) | 932 | 932 |
| area remaining to be legally cleared (km2) | 8646 | 8646 |
| value of lands remaining to be cleared legally (million US$) | 370 | 370 |
| area to be restored after trading within state (km2) | 74 454 | 68 221 |
| savings in restoration cost (million US$) | 806 | 806 |
| savings in opportunity cost of lands to be restored (million US$) | 587 | 582 |
| total savings from deforestation rights trade (million US$) | 1023 | 1018 |