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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
"The loss of large areas of tropical forests has become a major concern of the world community. Although there are many causes of tropical deforestation and forest degradation, an important cause appears to be an undervaluation of forests by markets and governments. One reason for this undervaluation is that many forest products, such as food and medicinal products, are traded in informal markets for which there are little data. Another reason is that many services provided by forests, such as carbon storage, biodiversity protection, recreation, and watershed protection, are not traded in markets; hence, their economic values are often ignored. Even where environmental values are recognized, they may not be measured or used to promote efficient resource management. This volume examines some causes of tropical deforestation and explores forest valuation issues in context of a protected area project. The study sets out the context of tropical deforestation and loss of biodiversity and provides a framework for examining the economic value of forests. It also presents a detailed case study of Madagascar that illustrates the practical application of the techniques of analysis to the valuation of forests." -- Website.
In recent years, issues related to forests have come to prominence on the international agenda. This reflects growing concern over the fate of forest ecosystems and possible loss of the benefits which they provide. In the process of moving towards sustainable management of forests, there is growing demand for practical methodologies for full valuation of forests which permit the contributions of forests to be presented more clearly and in a manner which decision-makers can readily appreciate. Appropriate techniques should be able to adequately capture forest values in terms of the environmental, social and production functions and to recognise the worth of both marketed and non-marketed goods and services. This publication reviews approaches which can overcome the limitations of conventional analysis and provides a reference framework to help clarify what approaches to forest valuation can or cannot work. The publication is not itself a manual on valuation techniques but by reviewing the various approaches, makes it possible to select appropriate methodologies for which it then refers readers to other publications which can provide ''how to do'' details.
Included are several case studies, like: The Leuser ecosystem, Sumatra; The Borivili National Park, India; Tropical rain forests, Costa Rica; Mangrove forests, Philippines. This document has been prepared by: IAC and EC-LNV
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.