Time-Based Analysis of Annual Forestry Emissions and Forestry Value-Added in Ranchi, Jharkhand for 2001-2050

The forestry emissions and value-added in the Ranchi region of interest are analyzed from 2001 to 2023, utilizing the Mann-Kendall test, the Sequential Mann-Kendall test, Pearson’s Correlation Coefficients, and the Autoregressive Integrated Moving Average model. Trend analysis showed a positive increase in forestry greenhouse gas and carbon emissions at a 5% significance level. In comparison, forestry value-added exhibited a positive increasing trend at a 1% significance level. Based on the result of the correlation analysis, the forestry greenhouse gas and carbon emissions are positively correlated with the forestry value-added, with a correlation coefficient of 0.43 at a 5% significance level. The best accurate model for predicting forestry emissions and value added is ARIMA (1,1,0). The trend analysis of forecasted forestry emissions and value-added indicates a significant positive upward trend in both greenhouse gas and carbon emissions from forestry and the value added from the forestry sector in Ranchi, Jharkhand. This trend is projected from 2024 to 2050 and is significant at a 1% significance level.