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Tropical forests are an undervalued asset in meeting the greatest global challenges of our time—averting climate change and promoting development. Despite their importance, tropical forests and their ecosystems are being destroyed at a high and even increasing rate in most forest-rich countries. The good news is that the science, economics, and politics are aligned to support a major international effort over the next five years to reverse tropical deforestation. Why Forests? Why Now? synthesizes the latest evidence on the importance of tropical forests in a way that is accessible to anyone interested in climate change and development and to readers already familiar with the problem of deforestation. It makes the case to decisionmakers in rich countries that rewarding developing countries for protecting their forests is urgent, affordable, and achievable.
In large areas of developing countries the loss of trees is causing erosion and degradation of the soil, posing severe problems for economic development. By translating the ecological benefits of afforestation into economic terms, the author demonstrates how investments that benefit the environment often benefit the economy as well. Both the traditional work of the forestry services and tree plantings by farmers are needed, says the author, if deforestation is to be halted and reversed. With special refrence to Africa, he discusses the underlying reasons for deforestation, suggests policy changes to promote the planting and care of trees, and identifies issues for social and scientific research. A case study of the arid zone of northern Nigeria illustrates the benefits that could be brought about by establishing windbreaks and encouraging farmers to plant trees. Besides preventing soil erosion, improving soil fertility, and thus increasing crop prodution, trees provide fruit, livestock fodder, and much-needed fuelwood and building materials. The author compares the increase in farm incomes as a result of an afforestation program with the decrease in incomes if deforestation and soil erosion were to continue. The analysis will be of special interest to those concerned with agriculture, forestry, rural development, and environmental issues in developing countries.
Forestry cannot be isolated from the forces that drive all economic activity. It involves using land, labour, and capital to produce goods and services from forests, while economics helps in understanding how this can be done in ways that will best meet the needs of people. Therefore, a firm grounding in economics is integral to sound forestry policies and practices. This book, a major revision and expansion of Peter H. Pearse’s 1990 classic, provides this grounding. Updated and enhanced with advanced empirical presentation of materials, it covers the basic economic principles and concepts and their application to modern forest management and policy issues. Forest Economics draws on the strengths of two of the field’s leading practitioners who have more than fifty years of combined experience in teaching forest economics in the United States and Canada. Its comprehensive and systematic analysis of forest issues makes it an indispensable resource for students and practitioners of forest management, natural resource conservation, and environmental studies.
The economics of forestry has always fascinated me as one of the most brain-taxing cases in economics. As an investment forestry is different from many other projects as it has unusually long gestation periods. For example, in the United Kingdom it takes over 40 years to grow coniferous and over 100 years for deciduous timber. These long gestation periods make it very clear how import ant are the magnitude of the discount rate and the method of discounting in the evaluation of investment projects. Any errors in these will misguide investors in forestry one way or the other. In addition, forestry redistributes income between gener ations. Its long gestation periods make it obvious that more than one generation will be involved in any venture. When we plant trees we know that the bulk of the benefits will be captured by future generations. Conversely, when we fell trees we reap the benefit of projects which were established in the past, mostly by generations who are long gone. So far most economists have devoted their time and energy to analysing income distribution in an intragenerational context, and this is a very sensitive and controversial issue. After all, most revolutions have taken place because of the uneven income distribution which was oppressive for the majority. Forestry helps us to study the case from the viewpoint of different generations. Forestry necessitates estimating timber prices a long time ahead.
This book reviews the state of agricultural climate change mitigation globally, with a focus on identifying the feasibility, opportunities and challenges for achieving mitigation among smallholder farmers. The purpose is ultimately to accelerate efforts towards mitigating land-based climate change. While much attention has been focused on forestry for its reputed cost-effectiveness, the agricultural sector contributes about ten to twelve per cent of emissions and has a large technical and economic potential for reducing greenhouse gases. The book does not dwell on the science of emissions reduction, as this is well covered elsewhere; rather, it focuses on the design and practical implementation of mitigation activities through changing farming systems. Climate Change Mitigation and Agriculture includes chapters about experiences in developed countries, such as Canada and Australia, where these efforts also have lessons for mitigation options for smallholders in poorer nations, as well as industrialising countries such as Brazil and China. A wide range of agroecological zones and of aspects or types of farming, including livestock, crops, fish farming, fertilizer use and agroforestry, as well as economics and finance, is included. The volume presents a synthesis of current knowledge and research activities on this emerging subject. Together the chapters capture an exciting period in the development of land-based climate change mitigation as attention is increasingly focused on agriculture's role in contributing to climate change.
This book traces the economic and biological pattern of forest development from initial settlement and harvest activity at the natural forest frontier to modern industrial forest plantations. It builds from diagrams describing three discrete stages of forest development, and then discusses the management and policy implications associated with each, supporting its observations with examples and data from six continents and from both developed and developing countries. It shows that characteristic distinctions between the three stages make forestry unusual in natural resource management and that effective policy requires different, even contrasting, decisions at each stage. William F. Hyde’s comprehensive discussion covers a wide range of issues, including the impacts of both specific forest policies and broader macroeconomic policies, the unique requirements of current issues such as global warming, biodiversity and tourism, and the complexities of the different forest products industries. Concluding chapters review the roles of the newer institutional landowners, of smaller private and farm landowners, and of public agencies. This highly-original volume reaches far beyond forest economics; it explains what forestry can do for regional development and environmental conservation and what policies designed for other sectors and the macro-economy can do for forestry.
An empirical overview of social forestry in Asia and how it relates to community development and household behavior
This bibliography lists publications and postgraduate theses in the field of forestry economics in the United States and Canada in 1960, 1961, and 1962.
Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the United Nations Environment Programme to provide a comprehensive global assessment of economic aspects of these issues. This book, written by a team of international experts, represents the scientific state of the art, providing a comprehensive assessment of the fundamental ecological and economic principles of measuring and valuing ecosystem services and biodiversity, and showing how these can be mainstreamed into public policies. This volume and subsequent TEEB outputs will provide the authoritative knowledge and guidance to drive forward the biodiversity conservation agenda for the next decade.
Economic valuation of biodiversity and ecosystem services is possibly the most powerful tool for halting the loss of biodiversity while maintaining incomes and livelihoods. Yet rarely have such approaches been applied to tropical forest ?hotspots?, which house the vast majority of the planets plant and animal species. This ground-breaking work is the most comprehensive and detailed examination of the economics of environmental valuation and biodiversity conservation to date. Focusing on the Western Ghats of India, one of the top biodiversity hotspots in the world, this volume looks at a cross-section of local communities living within or near sanctuaries and reserve forests such as coffee growers, indigenous people and farmers-cum-pastoralists to assess the use and non-use values that people derive from tropical forests. It also looks at the extent of their dependence on forests for various goods and services, and examines their perceptions and attitudes towards biodiversity conservation and wildlife protection. The book concludes with an assessment of the institutional alternatives and policies for promoting biodiversity conservation through economic valuation methods. Related titles Economics for Collaborative Environmental Management (2005) 1-84407-095-6