GHG mitigation in Agriculture, Forestry and Other Land Use (AFOLU) sector in Thailand

Abstract

In 2050, no-regret options could reduce total AFOLU emissions by 27.5%. Increasing carbon price above $10/tCO₂eq does not increase the mitigation potential significantly. Net sequestration (i.e., higher carbon sequestration than GHG emissions) in AFOLU sector would be possible with the carbon price. In 2050, net sequestration would be 1.2 MtCO₂eq at carbon price of $5 per tCO₂eq, 21.4 at $10 per tCO₂eq and 26.8MtCO₂eq at $500 per tCO₂eq.