ECONOMIC EVALUATION AND FINANCIAL OF BIOCHAR - A CASE STUDY IN SHARKIA GOVERNORATE

Document Type : Review Article

Authors

1 The Department of Agricultural Environmental Sciences, Faculty of Graduate Studies and Environmental Research, Ain Shams University

2 National Research Center

Abstract

Many economic and agricultural policies aim to achieve integrated agricultural development and direct all efforts and capabilities towards making the most of all the production elements available in society, which can eventually lead to an increase in the value of the output of the agricultural sector in particular, which in turn leads to an increase in national income, and thus improve Standard of living for all members of society. The utilization of agricultural residues for various food and industrial purposes is one of the factors that lead to an increase in the yield of the production unit, raising farmers' incomes, and consequently the national income and raising the standard of living. This is in addition to avoiding the harmful environmental effects resulting from the wrong disposal of it.
The research aims, in general, to maximize the use of agricultural waste and to suggest the best economic and environmental methods and methods for dealing with agricultural waste. As well as the financial evaluation of the project to produce biochar from food processing residues for the juice and jam industries from a number of stone fruits, as it is one of the main obstacles that represent the risk of pollution in agro-food processing factories.
The results of the financial measures show that the ratio of revenues/costs (B/C) at the discount prices of 12% and 15% for biochar production from casuarina trees without changing the factors of costs and revenues and the life of the project amounted to about 5.02 and 5.42 for each of them, respectively, which confirms the feasibility of The project, as the ratio of revenues to costs is greater than one, which means that each pound invested in the project achieves a net return estimated at 4.02 and 4.42 pounds for each of them, respectively. The net current cash flows or the Net Project Value (NPV) amounted to about 6,843,400 and 5,968,633 pounds for each of them, respectively.
The project’s Internal Rate of Return (IRR) was about 33.0%, meaning that the rate of return is greater than the opportunity cost prevailing in the community when the study was conducted, which is the interest rate of 12%. capital recovery. From the above it is clear that the project is economically feasible.

The project’s internal rate of return (IRR) was about 33.0%, meaning that the rate of return is greater than the opportunity cost prevailing in the community when the study was conducted, which is the interest rate of 12%. capital recovery. From the above it is clear that the project is economically feasible.

Keywords

Main Subjects

Journal of Environmental Science
Volume 51, Issue 9 - Serial Number 9
part7: Agricultural Sciences
September 2022
Pages 1-26

Files

Share

How to cite

Statistics