Protecting new markets: quantifying the risks to new carbon markets from invasive species and prioritising areas for immediate action

Vanessa Adams, Samantha Setterfield

    Research output: Chapter in Book/Report/Conference proceedingConference Paper published in Proceedings

    Abstract

    Financial mechanisms such as offsets are one strategy to abate greenhouse gas emissions. However, in the case of carbon offsets, if the carbon is released due to intentional or unintentional reversal through environmental events such as fire, the financial liability to replace lost offsets will likely fall on the provider. In order to manage this risk, an understanding of the spatial and temporal distributions of threats is needed. We use the case study of savanna burning, an approved greenhouse gas abatement methodology under the Carbon Farming Initiative in Australia, to examine the risks posed by high biomass invasive grasses, such as gamba grass (Andropogon gayanus Kunth), to carbon markets in northern Australia. We focus our analysis on the threat of gamba grass to savanna burning due to its documented impacts of increased fuel loads and altered fire regimes. We build on an initial assessment of the spatial and financial extent to which gamba grass poses a risk to savanna burning programs in northern Australia. We estimate the costs and benefits of three gamba grass management scenarios. The management scenarios prevent up to ~100,000 ha in new infestations which is a substantial return on investment in weed management. Our analysis demonstrates how the use of spatial spread modelling of gamba grass can be used in conjunction with a financial assessment of risk to identify infestations of highest priority for control.
    Original languageEnglish
    Title of host publicationAWC Proceedings 19th Australasian Weeds Conference (2014)
    EditorsMatthew Baker
    Place of PublicationAustralia
    PublisherTasmanian Weed Society
    Pages178-181
    Number of pages4
    ISBN (Print)978-0-646-92454-0
    Publication statusPublished - 2014
    EventAustralasian Weeds Conference (AWC 2014 19th) - Hobart, Australia, Hobart, Australia
    Duration: 1 Sep 20144 Sep 2014
    Conference number: 2014 (19th)

    Conference

    ConferenceAustralasian Weeds Conference (AWC 2014 19th)
    Abbreviated titleAWC
    CountryAustralia
    CityHobart
    Period1/09/144/09/14

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  • Cite this

    Adams, V., & Setterfield, S. (2014). Protecting new markets: quantifying the risks to new carbon markets from invasive species and prioritising areas for immediate action. In M. Baker (Ed.), AWC Proceedings 19th Australasian Weeds Conference (2014) (pp. 178-181). Tasmanian Weed Society.