TY - JOUR
T1 - Evaluating the costs of primary forest conservation in the Democratic Republic of Congo, implications for policy and practice
AU - Bush, Glenn
AU - Taye, Fitalew Agimass
AU - Fleming, Christopher
AU - Samndong, Raymond Achu
PY - 2024/2
Y1 - 2024/2
N2 - Accurate cost information is needed to assess the trade-offs in land management choices for policy and markets to effectively scale forest conservation impact. Choice of valuation method can affect value estimates of the costs associated with forest conservation for heterogenous rural households in poorly functioning markets. We present empirical evidence on the divergence in measures between a market price and contingent valuation estimate for costs of local forest access restrictions from household surveys deploying quantitative valuation methods, conducted in two forest communities in the Democratic Republic of Congo. Household demographic characteristics and attitudes of the household on forest use significantly influence required levels of compensation to participate in forest protection. Quantitative knowledge of such costs can help in the design of efficient and effective policies to protect primary forests aimed at reducing the drivers of deforestation.
AB - Accurate cost information is needed to assess the trade-offs in land management choices for policy and markets to effectively scale forest conservation impact. Choice of valuation method can affect value estimates of the costs associated with forest conservation for heterogenous rural households in poorly functioning markets. We present empirical evidence on the divergence in measures between a market price and contingent valuation estimate for costs of local forest access restrictions from household surveys deploying quantitative valuation methods, conducted in two forest communities in the Democratic Republic of Congo. Household demographic characteristics and attitudes of the household on forest use significantly influence required levels of compensation to participate in forest protection. Quantitative knowledge of such costs can help in the design of efficient and effective policies to protect primary forests aimed at reducing the drivers of deforestation.
KW - Biodiversity
KW - Carbon markets
KW - Conservation
KW - Economic values
KW - Natural climate solutions
KW - Payments for ecosystem services
KW - Primary forests
UR - http://www.scopus.com/inward/record.url?scp=85182272358&partnerID=8YFLogxK
U2 - 10.1016/j.jenvman.2023.119975
DO - 10.1016/j.jenvman.2023.119975
M3 - Article
C2 - 38211431
AN - SCOPUS:85182272358
SN - 0301-4797
VL - 352
JO - Journal of Environmental Management
JF - Journal of Environmental Management
M1 - 119975
ER -