7.1 Cost-benefit analysis of agarwood + carbon farming

Here’s a comprehensive, course-ready module for your Sustainable Agarwood Plantation Management & Carbon Farming Course, training manuals, and Oud Academia / CI-ASASE SOPs, covering cost-benefit analysis of combining agarwood production with carbon farming.


Cost-Benefit Analysis: Agarwood Plantation + Carbon Farming


1. Introduction

Integrating agarwood cultivation with carbon farming creates dual revenue streams:

  1. Agarwood-derived products: chips, essential oil, hydrosol, resin
  2. Carbon credits: Verified through ARR/VM0047 or other methodologies

This module helps estimate financial returns, investment viability, and ESG value.


2. Cost Components

Cost TypeDescriptionTypical Range / Notes
Land PreparationClearing, leveling, soil improvementPHP 50,000–150,000/ha
Seedlings / Tissue Culture PlantsHigh-quality Aquilaria spp.PHP 50–150/tree
Planting & LaborLabor for planting, staking, protectionPHP 20,000–50,000/ha
Irrigation / Water ManagementRainwater harvesting, drip irrigationPHP 10,000–30,000/ha
Fertilizers & Organic AmendmentsBiofertilizers, compost, seaweed extractPHP 10,000–40,000/ha/year
Inoculation & Resin InductionFungal / chemical / dual-action methodsPHP 2,000–5,000/tree (one-time or periodic)
Pest & Disease ManagementOrganic sprays, monitoringPHP 5,000–15,000/ha/year
Pruning & Canopy ManagementLabor and toolsPHP 5,000–10,000/ha/year
Harvesting & ProcessingChips, oil distillation, hydrosolPHP 10,000–50,000/ha/year
MRV & Carbon Project CostsSampling, reporting, verificationPHP 50,000–200,000/ha/project cycle
Insurance / ContingencyFire, pest outbreaks, extreme weather5–10% of total costs

Costs vary depending on planting density, technology, and management intensity.


3. Revenue Streams

Revenue SourceDescriptionTypical Range / Notes
Agarwood ChipsResin-rich woodPHP 10,000–30,000/kg (depending on grade)
Essential OilSteam distillation / SC-CO₂PHP 200,000–500,000/liter (premium grade)
HydrosolCo-product of distillationPHP 500–2,000/liter
Carbon CreditsVerified under ARR / VM0047USD 5–15/tCO₂e (voluntary market)
Agroforestry / Intercrop ProductsNitrogen-fixing legumes, fruit treesPHP 5,000–20,000/ha/year
By-productsMulch, pruning residues for biocharAdded value or cost saving

Revenues depend on resin content, tree age, processing efficiency, and carbon credit verification.


4. ROI Estimation (Illustrative)

Assumptions:

  • Plantation: 1 ha, 250 trees/ha
  • 10-year harvest cycle for resin induction
  • Carbon credits: 1.6 tCO₂e/ha/year
  • Average chip & oil revenue per tree: PHP 10,000
  • Carbon price: USD 10/tCO₂e (≈PHP 550/tCO₂e)
ComponentRevenue (PHP)Notes
Agarwood products2,500,000Chips + oil + hydrosol
Carbon credits9 years × 1.6 t × PHP 550 = 7,92010-year project minus first year
Total revenue2,507,920Combined
Total costs~1,000,000Plantation establishment + maintenance + MRV
Net Profit~1,507,92010-year cycle
ROI~150%Over 10 years (15% annualized)

ROI increases with premium resin induction, higher carbon credit prices, and efficient processing.


5. Risk Adjustment

  • Include buffer pool deduction for carbon credits (10–20%)
  • Factor natural risks: fire, typhoons, pests → potential revenue loss 5–15%
  • Apply discounted cash flow (DCF) for long-term projects

6. ESG & Co-Benefits

  • Carbon farming + agarwood aligns with impact investing goals
  • Provides biodiversity conservation, soil health, and local livelihoods
  • Enhances investor confidence and supports premium market access

7. Key Takeaways

  • Combining agarwood production with carbon credits significantly improves financial viability
  • Costs are front-loaded (land, seedlings, inoculation, MRV), revenues occur mid- to long-term
  • Carbon credits provide risk-adjusted revenue and ESG alignment
  • Strategic pruning, resin induction, and organic management maximize both resin yield and carbon sequestration

Optional Next Deliverables

  • 🌱 Detailed cost-benefit analysis spreadsheet template for 1–10 ha plantations
  • 📊 Cash flow projection chart: agarwood + carbon credits
  • 🧾 ROI, break-even, and risk-adjusted scenarios
  • 📘 Farmer/investor-friendly infographic: dual revenue stream from agarwood + carbon

I can prepare a ready-to-use CBA template + cash flow and ROI projections, tailored for Oud Academia / CI-ASASE plantations, next.

Do you want me to create that?