Low-Carbon Technologies: Afforestation

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Afforestation has been found in certain parts of the world to be a cost effective mitigation policy, though it is not necessarily the least cost option.  In particular, afforestation measures that do not require complete land conversion could be highly cost effective as they will have lower opportunity costs.  Afforestation of degraded land also avoids opportunity cost barriers.  Industrial afforestation plantations in the tropics can help spur economies as well as reduce atmospheric CO2.  Use of biomass from afforested lands as fuel also helps compound the benefits of afforestation.  Monitoring costs must be kept low in order to make afforestation a cost-effective mitigation option.