The Impact of Charcoal Production on the forest of Sub-Saharan Africa: A theoretical Investigation

This paper examines the sustainability of charcoal production that maximizes social welfare based on optimal control techniques visa-vis activities profit maximizing producing firms in South Sahara Africa. I set up a theoretical model involving socially will maximize discounted sum net benefit Charcoal for both private maximization firm and which yield sustainability. After solving choices functions it reveals there is indeed divergence between these two entities simply because environmental degradation deforestation (externalities) associated with are not internalized into function firms. These externalities would lead to unsustainability forest environment subsequently deforestation. Fiscal policy measures public ownerships recommended deal inherent so as improve while ensuring continues provide livelihood benefits numerous people live belt.