I am using InVEST model for my Thesis on the topic of Carbon Storage and Sequestration in relation to land-use change. However, I’m facing some issues with
Understaing the economic model (viz attached), especially the 𝑠𝑒𝑞𝑢𝑒𝑠𝑡𝑥. What does it stand for? I was assuming that’s it’s a difference in carbon stored now and in the future, but why then this variable is called 𝑠𝑒𝑞𝑢𝑒𝑠𝑡𝑥?
I was planning to use Stern as a source for my Price of carbon, however I got advised to use data from: https://www.umweltbundesamt.de/sites/default/files/medien/1410/publikationen/2019-02-11_methodenkonvention-3-0_en_kostensaetze_korr.pdf from the table number 1. There are recommendation on climate costs in €2016 / t CO2 eq being presented. I am wondering how can I adopt these data so I can use them in my research?
Thanks in advance for all the advises.