Driving factors of global carbon footprint pressure: Based on vegetation carbon sequestration

Abstract

Carbon sequestration capacity of vegetation plays an important role in global carbon emission reduction. Based on vegetation carbon sequestration, this paper establishes a carbon footprint pressure index to evaluate the carbon footprint pressure in 60 sample countries, and discusses the driving factors that influence carbon footprint pressure in various countries through IPAT equation and Logarithmic Mean Divisia Index decomposition approach. The results indicate that the global carbon footprint pressure shows an upward trend from 2000 to 2015, mainly owing to population growth and rapid socioeconomic development; technological progress has a certain inhibitory effect on the rise of carbon footprint pressure. Furthermore, the overall carbon footprint pressure in the Organisation for Economic Co-operation and Development (OECD) countries shows a downward trend, while the carbon footprint pressure in non-OECD countries is rising, even exceeding the economic growth rate, which is probably related to the transfer of a large number of implied carbon emissions from OECD countries to non-OECD countries.