The time value of carbon storage

Widespread concern about the risks of global climate change is increasingly focused on urgent need for action, and natural solutions are a critical component strategies to achieve low temperature targets. Yet date, full potential systems store carbon has not been leveraged because policymakers have required long-term contracts compensate permanence concerns, these substantially raise costs limit deployment. In this paper, we lay out rationale that our time preference early action leads conclusion multiple tons short-term storage in ecosystem stocks can be considered equal value – as measured by social cost 1 ton sequestered permanently. This equivalence used quantify storage, thereby removing one most significant barriers participation market enabling mitigation land sector realized.