Carbon sequestration refers to the process of removing carbon from the atmosphere and depositing it in a reservoir, while carbon storage refers to the quantity of carbon stored in a reservoir.

The Carbon sequestration is the process of capture and long-term storage of atmospheric carbon dioxide and may refer specifically to:

1-The process of removing carbon from the atmosphere and depositing it in a reservoir. When carried out deliberately, this may also be referred to as carbon dioxide removal, which is a form of geoengineering.

2-The process of carbon capture and storage, where carbon dioxide is removed from fuel gases, such as on power stations, before being stored in underground reservoirs.

3-Natural biogeochemical cycling of carbon between the atmosphere and reservoirs, such as by chemical weathering of rocks.

Carbon sequestration describes long-term storage of carbon dioxide or other forms of carbon to either mitigate or defer global warming and avoid dangerous climate change. It has been proposed as a way to slow the atmospheric and marine accumulation of greenhouse gases, which are released by burning fossil fuels.

The Carbon storage is also known as carbon sequestration, carbon storage is a complex method of capturing carbon dioxide emissions and storing them in coal seams, aquifers, depleted oil and gas reservoirs and other spaces deep under the surface of the Earth. Theoretically, this would prevent those gases from having an effect on climate.

About the carbon sequestration in tropical forest you can see the below  paper please:

http://www.scirp.org/Journal/PaperInformation.aspx?paperID=50690&#abstract

Carbon sequestration is the removal of carbon, in the form of CO2 either directly from the atmosphere or at the conclusion of various kinds of emissions, combustion and industrial processes. Long-term storage of carbon in trees and plants is a type of sequestration commonly referred to as terrestrial sequestration. Trees, like other green plants, use photosynthesis to convert carbon dioxide (CO2) into sugar, cellulose and other carbon-containing carbohydrates that they use for food and growth. Trees are unique in their ability to lock up large amounts of carbon in their wood, and continue to add carbon as they grow. The actual rate of carbon sequestration will vary with species, but in general, younger and faster growing trees have higher annual sequestration rates. The carbon holding capacity of a tree species is termed as carbon storage capacity. Considering that one half of the weight of dried wood is carbon, trees in a forest hold a lot of carbon. When the enormous amount of carbon stored in forest soils is added to the trees' carbon, it becomes obvious that forests are major carbon storage reservoirs. Trees have almost 350 million years' experience in sequestering carbon.

http://www.epa.gov/aml/revital/cseqfact.pdf

The C sequestration refers to the process of removing C from the atmosphere and depositing it in a reservoir, while C storage refers to the quantity of C stored in a reservoir.

The C sequestration refers to the process of removing C from the atmosphere and depositing it in a reservoir, while C storage refers to the quantity of C stored in a reservoir.

Sequestration is the storage with respect to time

Sequestration means burying extra Carbon that should never have been dug up and released at the first place. The carbon that has been in cycle for many years is what trees are cycling. Every plant absorbs Carbon as it grows then releases that carbon when it dies.