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Afforestation and reforestation have the potential to provide effective climate mitigation through forest carbon sequestration. Strategic reforestation activities, which account for both carbon sequestration potential (CSP) and economic opportunity, can provide attractive options for policymakers who must manage competing social and environmental goals. In particular, forest carbon pricing can incentivize reforestation on private land, but this may require landholders to forego other profits. Here, we utilize an ambitious geospatial approach to quantify economic opportunities for reforestation in the state of Maryland (USA) based on high-resolution remoting sensing, ecosystem modeling, and economic analysis. Our results identify spatially-explicit areas of economic opportunity where the potential revenue from forest carbon outcompetes the expected profit of existing cropland at the hectare scale. Specifically, we find that under a baseline economic scenario of $20 per ton of carbon (5% rental rate) and decadal average crop profitability, a transition to forest on agricultural land would be more profitable than 23.2% of cropland in Maryland under a 20 year land-use commitment. Accounting for variations in carbon and crop pricing, 5.5%–55.4% of cropland would be immediately outcompeted by expected forest carbon revenue, with the potential for an additional 0.5%–10.6% of outcompeted cropland within 20 years. Under the baseline economic scenario, an annual allocation of $5.8 million towards a carbon rental program could protect 6.93 Tg C (3.4% of the state’s total remaining CSP) on reforested croplands. This moderate yearly cost is equal to 9.7% of Maryland’s average annual auction proceeds from participation in the Regional Greenhouse Gas Initiative (between 2014 and 2018), and 19.3% of the average annual subsidy payments for corn, soy, and wheat allocated over the same period. This methodological approach may be useful for state governments, not-for-profit organizations, or regional climate initiatives interested in identifying strategic areas for reforestation.

The inclusion of forest carbon in climate change mitigation planning requires the development of models able to project potential future carbon stocks—a step beyond traditional monitoring, reporting and verification frameworks. Here, we updated and expanded a high-resolution forest carbon modelling approach previously developed for the state of Maryland to 11 states in the Regional Greenhouse Gas Initiative (RGGI) domain, which includes Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. In this study, we employ an updated version of the Ecosystem Demography (ED) model, an improved lidar initialization strategy, and an expanded calibration/validation approach. High resolution (90 m) wall-to-wall maps of present aboveground carbon, aboveground carbon sequestration potential, aboveground carbon sequestration potential gap (CSPG), and time to reach sequestration potential were produced over the RGGI domain where airborne lidar data were available, including 100% of eight states, 62% of Maine, 12% of New Jersey, and 0.65% of New York. For the eight states with complete data, an area of 228 552 km2, the contemporary forest aboveground carbon stock is estimated to be 1134 Tg C, and the forest aboveground CSPG is estimated to be larger at >1770 Tg C. Importantly, these estimates of the potential for added aboveground carbon sequestration in forests are spatially resolved, are further partitioned between continued growth of existing trees and new afforested/reforested areas, and include time estimates for realization. They are also assessed for sensitivity to potential changes in vegetation productivity and disturbance rate in response to climate change. The results from this study are intended as input into regional, state, and local planning efforts that consider future climate mitigation in forests along with other land-use considerations.

NASA Carbon Monitoring System projects NNX12AN07G, NNX14AP12G, and 80NSSC17K0710; National Science Foundation Grant No. DGE1322106