Abstract: Abstract: 【Objective】 Carbon sequestration in bamboo forest management is susceptible to much uncertainty in the investing process, thus the author utilized a model to precisely calculate the economic benefit of carbon sequestration in bamboo forest management in Anji County, Zhejiang Province. 【Method】The author used the B-S(Black-Scholes)option pricing model to accurately calculate the cost, earning potential, and economic benefit of a carbon sequestration project cycle during CCER bamboo forest management. 【Result】 The carbon sequestration project in Anji manages 1 426.27 hm² of bamboo forest in total, achieving 249 658 t of emission reductions in the scope of a 30-year project cycle. According to the average transaction price in the CCER market, which is 33 yuan per ton at present, the option value of the CCER bamboo forest carbon sequestration project in Anji is projected to be 29 952.31 ten thousand yuan, among which the cumulative present value of carbon sequestration earning is 588.57 ten thousand yuan. The cumulative present value of bamboo and bamboo shoot yield is 22 675.20 ten thousand yuan and 3 125.98 ten thousand yuan, showing 55.97% and 13.12% improvement by contrast with the traditional management mode, respectively. The economic earning was 21 ten thousand yuan per hectare within the project cycle and annual average economic earning was 998.41 ten thousand yuan per year, higher than the values obtained by net present value method. 【Conclusion】This bamboo forest management carbon sequestration project is susceptible to changes in transaction prices of carbon sequestration, macro policy, the price of bamboo and bamboo shoots, labor prices and other factors. Using the B-S option pricing model and considering many factors simultaneously to calculate the economic benefit of the carbon sequestration project is more realistic than using the traditional net present value method. The CCER bamboo forest management carbon sequestration project in Anji can not only bring farmers additional carbon sequestration benefits, but also massively increases the revenue from bamboo and bamboo shoots. Given the role of forestry in mitigating climate change, the carbon sequestration project will lead to multiple revenue increases for forest farmers.