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The "Dual Carbon" initiative is a two-stage carbon reduction goal proposed by China, with significant implications for global climate change mitigation. This article examines the impact of the "Dual Carbon" strategy on China's forestry development and explores how to leverage this strategy to facilitate the transformation and advancement of the forestry sector. Current review indicated that forestry has the advantage of achieving higher emission reduction targets at a low cost. Starting with an overview of the "Dual Carbon" strategy, this paper analyzes the carbon sequestration potential of plants and soil, and the challenges and opportunities faced by forestry development under this framework. Furthermore, we outline implementation pathways for forestry development, aiming to provide insights for the progress of China's forestry sector. Overall, it should be noted that the priority is to vigorously develop timber resources, and we also need to vigorously develop and protect forestry talent with the support of China's policies. By trapping into the carbon storage capabilities and leveraging carbon trading mechanisms of forests, a favorable ecological environment can be created, thus achieving the goal of carbon neutrality. Highlights: • Forest development and its carbon sinks, attributed to plant and soil have the potential in carbon sequestration process, thus helping China achieve carbon neutrality. • The supply of forest products and the balance of economic growth and environmental protection are the key difficulties under the "Dual Carbon" strategy. • Trading forest carbon sinks can boost China's sequestration. [ABSTRACT FROM AUTHOR]

In the global context, countries must reduce carbon dioxide emissions to "net zero" by 2050 to limit global warming to 1.5 °C above pre-industrial levels. China's Nationally Determined Contributions (NDCs) are to peak carbon dioxide emissions by 2030 and achieve the carbon neutrality target by 2060. To monitor the achievements of the NDCs, establishing an annual-based accounting mechanism is necessary to record the carbon stocks in China, especially for Blue Carbon. The paper aims to present China's first national-scale systematic Blue Carbon accounting for mangroves, salt marshes, and seagrasses, covering the accounting subjects of physical and monetary assets, as well as relevant indicators for investors. It focuses on the design of the accounting method and system, the selection of data categories applied to this system, and the application of China's Blue Carbon accounting based on this accounting system. Taking Blue Carbon accounting as a starting point, this paper analyses the restoration prospects of these ecosystems and their application potential for NDCs in China compared with the terrestrial ecosystems. The results indicate that mangroves are the most cost-effective type of ecosystem, even compared to terrestrial forests. Thus, the paper provides policymakers with a new perspective on the decision-making of carbon sequestration relevant decisions, aiming to promote the monitoring, restoration, and expansion of China's coastal blue carbon ecosystem through the establishment of a sound Blue Carbon accounting system, and to help achieve the carbon neutrality goal in China's NDCs through regular and systematic monitoring of its national Blue Carbon inventories. • China's coastal blue carbon ecosystems are carbon sources rather than carbon sinks. • Mangroves are the most cost-effective coastal blue carbon ecosystem compared to salt marshes and seagrass beds. • The Blue Carbon of mangroves is more cost-effective than the Green Carbon of terrestrial forests when meeting China's Nationally Determined Contributions target of increasing forest stocks. • Establishing guidelines for Blue Carbon data requirements will lay a scientific foundation for formulating strategies and policies to cope with global climate change. [ABSTRACT FROM AUTHOR]

In the pursuit of carbon neutrality, state-owned forests are prime candidates for carbon offset projects due to their unique tenure and management characteristics. Employing methodologies endorsed by the International Panel on Climate Change and logistic growth curves, this study assesses the carbon stocks and sequestration potential of established state-owned plantation forests across 31 Chinese provinces from 2023 to 2060, encompassing seven forestry industry groups. This study projects that by 2060, these forests will amass a carbon stock of 558.25 MtC, with the highest stock in Northeast China (122.09 MtC) and the lowest in Northwest China (32.27 MtC), notably showing the highest growth rate at 91.15%. Over the forecast period, they are expected to accumulate a carbon sink of 637.07 MtCO2e, translating to an average annual carbon sink of 17.22 MtCO2e and an average annual carbon sink per unit of 1.41 tons of CO2 per hectare per year. Additionally, state-owned forests have the potential to offset approximately 0.15%–0.17% of annual carbon emissions, aligning with international climate goals. However, it is essential to note that the conversion of these carbon sinks into tradable carbon credits is subject to specific methodology requirements. Therefore, the future development of carbon offset projects in China's state-owned forests should consider the advancement of carbon market mechanisms, including the Chinese Certified Emission Reduction and the introduction of a carbon inclusion mechanism and natural forest methodology, to fully realize their potential contributions to carbon neutrality. In summary, these findings offer valuable insights for shaping the future of carbon offset initiatives within China's state-owned forests. [ABSTRACT FROM AUTHOR]

Background: Global climate change is one of the major challenges facing the world today, and forests play a crucial role as significant carbon sinks and providers of ecosystem services in mitigating climate change and protecting the environment. China, as one of the largest developing countries globally, owns 60% of its forest resources collectively. Evaluating the carbon sequestration cost of collective forests not only helps assess the contribution of China's forest resources to global climate change mitigation but also provides important evidence for formulating relevant policies and measures. Results: Over the past 30 years, the carbon sequestration cost of collective forests in China has shown an overall upward trend. Except for coastal provinces, southern collective forest areas, as well as some southwestern and northeastern regions, have the advantage of lower carbon sequestration costs. Furthermore, LSTM network predictions indicate that the carbon sequestration cost of collective forests in China will continue to rise. By 2030, the average carbon sequestration cost of collective forests is projected to reach 125 CNY per ton(= 16.06 Euros/t). Additionally, there is spatial correlation in the carbon sequestration cost of collective forests. Timber production, labor costs, and labor prices have negative spatial spillover effects on carbon sequestration costs, while land opportunity costs, forest accumulation, and rural resident consumption have positive spatial spillover effects. Conclusion: The results of this study indicate regional disparities in the spatial distribution of carbon sequestration costs of collective forests, with an undeniable upward trend in future cost growth. It is essential to focus on areas with lower carbon sequestration costs and formulate targeted carbon sink economic policies and management measures to maximize the carbon sequestration potential of collective forests and promote the sustainable development of forestry. [ABSTRACT FROM AUTHOR]