EVALUATING OF ECOSYSTEM SERVICES: CARBON STORAGE IN THE FOREST ECOSYSTEMS OF BELGRADE 2024 The amount of carbon stored in Belgrade’s urban forests is detailed as follows: 1,143,686 t/ha in above-ground biomass, 185,094 t/ha in underground biomass, 57,184 t/ha in dead wood biomass, 391,816 t/ha in forest floor, and 2,537,519 t/ha in soil, totaling 4,315,299 t/ha (Ratknić T et al., 2022). Satellite imagery was employed for measurements, facilitating automation and daily change monitoring. Wood has varying prints depending on its use, such as paper production, building materials, furniture, fuel, or biomass (pellets). It is necessary to develop a circular economy-based certification concept. Projected net-zero greenhouse gas emissions by 2050 underscore the need for incentivizing private forest involvement in carbon sequestration through storage or afforestation. This calls for a new management system ensuring the permanent fixation of carbon within the forest. INTERNATIONAL scientific conference Sustainable agriculture and rural development startpage: 361 endpage: 370 eng application/pdf 368196 bytes Institute of Agricultural Economics, Belgrade Dimitrijević, Tatjana Ratknić, Mihailo Aksić, Miroljub Šekularac, Gordana Dimitrijević, Vojkan All rights reserved ecosystem services, bound carbon, urban forests, City of Belgrade info:eu-repo/semantics/conferenceProceedings https://unilib.phaidrabg.rs/o:6914 cobiss:COBISS.SR-ID 137427721 ISBN: 978-86-6269-134-7