Valuing the Ecosystem Services Provided by Forests In Pursat Basin, Cambodia
The Royal Government of Cambodia (RGC) is increasingly recognizing that adequate valuation of ecosystem services is a key input to improved decision-making on protected areas, forest and natural resources more generally; but the lack of data, accep...
| Main Authors: | , , , , , , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/589931596202203080/Valuing-the-Ecosystem-Services-Provided-by-Forests-In-Pursat-Basin-Cambodia http://hdl.handle.net/10986/34323 |
| Summary: | The Royal Government of Cambodia (RGC)
is increasingly recognizing that adequate valuation of
ecosystem services is a key input to improved
decision-making on protected areas, forest and natural
resources more generally; but the lack of data, accepted
methodologies and technical capacity have prevented it from
using ecosystem valuation for decision making on meaningful
scale. This analytical work is being undertaken as part of a
broader effort of the World Bank to provide guidance to the
RGC on managing its natural capital through landscape
approaches. By focusing on the Pursat River Basin in the
Cardamom Mountains, the case study presented in this report
is intended to provide a practical illustration of how the
ecosystem services that are provided by a forest can be
valued and then compared to the benefits that would
otherwise be obtained if the forest was converted to other
uses. The study provides evidence of the importance of
forests in providing ecosystem services that are important
for Cambodia’s economy as well as for the country’s climate
and disaster resilience. The results therefore intend to
help the RGC quantify and communicate the value of its
natural capital to Cambodia’s economy. |
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