ESTIMASI OPPORTUNITY COST PENGELOLAAN HUTAN PRODUKSI Pinus merkusii UNTUK MELIHAT EFISIENSI PERDAGANGAN KARBON REDD+ DI INDONESIA (Studi Kasus di BKPH Purworejo, KPH Kedu Selatan)

One of mechanism that recently developed to decrease deforestation and forest degradation in developing countries is Reducing Emission from Deforestation and Forest Degradation (REDD+) which are added by carbon enhancement, forest conservation and sustainable management of forest (SMF). In REDD+ carbon trading mechanism, the country which is able to maintain their forest, will gain CO2 compensation based on the carbon global price. It is expected with following REDD+ scheme, Indonesia will gain lots of benefit from carbon market which is until now still in the discussion stage. This study aims to figure out how efficient the carbon trading mechanism is applied in REDD+ with comparing to other forms of forest use. This study is conducted in BKPH Purworejo, KPH Kedu Selatan, Perhutani Unit 1. The method which is used to compare the opportunity cost are the calculation of financial analysis from timber and resin production process and the calculation of financial analysis from resin production and CO2 emission compensation by the global carbon price U.S.$ 5/ton eCO2 and real interest rate 2,32%. Financial result of the calculation of the value of timber and pine resin production FNPV Rp. 20,713,400.92/ha, FBCR 1.14 dan FIRR 2.93%. The result of calculation of financial analysis from resin production and CO2 emission compensation FNPV - Rp. 10,553,548.39/ha FBCR 0.93 dan IRR 2%. From the results of this study, it can be concluded that the CO2 emission compensation of U.S. $ 5/ton eCO2 was not big enough to replace the financial benefits of timber production and pine resin, therefore the global carbon price should be around US$ 14.90/ton eCO2 to balance the benefit from the timber