Environmental Valuation Techniques : Madagascar's Rainforests

Parks and protected areas are valuable assets to developing nations, whether viewed as environmental, economic or social goods. Nevertheless, to date there are few examples where the full potential economic rent of protected areas has been captured...

Full description

Bibliographic Details
Main Authors: Kramer, Rabdall, Shara, Narenda, Munasinghe, Mohan
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1997/05/12862333/environmental-valuation-techniques-madagascars-rainforests
http://hdl.handle.net/10986/9933
id okr-10986-9933
recordtype oai_dc
spelling okr-10986-99332021-04-23T14:02:47Z Environmental Valuation Techniques : Madagascar's Rainforests Kramer, Rabdall Shara, Narenda Munasinghe, Mohan BENEFIT SHARING BIRDS BUFFER ZONE BUFFER ZONES CONSERVATION ACTIVITIES CONTINGENT VALUATION COST ANALYSIS CROP LOSS CROP LOSSES DEMAND ANALYSIS DEVELOPING COUNTRIES ECONOMIC CRITERIA ECONOMIC RENT ENVIRONMENTAL VALUATION EXISTENCE VALUE EXISTENCE VALUES FAUNA FLORA FOREIGN VISITORS INTERNATIONAL VISITORS ISSUES LAND USE LIVESTOCK LIVESTOCK GRAZING LOCAL COMMUNITIES NATIONAL PARK NATIONAL PARKS NATURAL RESOURCE NATURAL RESOURCE CONSERVATION NATURAL RESOURCE MANAGEMENT NATURAL RESOURCES NET PRESENT VALUE OPPORTUNITY COST OPPORTUNITY COSTS PASTORAL ACTIVITIES PRESERVES PROTECTED AREAS RECREATION SCARCE CAPITAL SHAREHOLDERS SUSTAINABLE DEVELOPMENT TOURISM TOURISTS TROPICAL DEFORESTATION TROPICAL FORESTS TROPICAL RAINFOREST TROPICAL RAINFORESTS VALUABLE ASSETS VALUATION TECHNIQUES VILLAGES WILDLIFE WILDLIFE MANAGEMENT WILDLIFE MANAGEMENT AREAS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY Parks and protected areas are valuable assets to developing nations, whether viewed as environmental, economic or social goods. Nevertheless, to date there are few examples where the full potential economic rent of protected areas has been captured efficiently or distributed effectively. This severely limits the capacity of developing nations to sustain their natural resources. In Sub-Saharan Africa the crisis is acute, characterized by the rapid pace of deforestration, soil erosion, destruction of flora and fauna, and the depletion of water supplies. Many African nations have completed national environmental assessments that call for an expansion and diversification of protected areas. Several areas have been designated as protected areas- national parks, game preserves, wildlife management areas all with different levels of restrictions on their use by members of local communities. The methods of valuation used to determine appropriate levels of compensation for local communities and for cost recovery through users' fees to make natural resource management sustainable requires innovative approaches to valuing stakeholder opportunity costs, recreational demand, and existence value. The Contingent Valuation (CV) method is one way of determining levels of willingness-to-pay of visitors to protected areas and willingness to accept compensation by local residents. Once appropriate valuation techniques have been used, the key is to determine a viable benefit sharing scheme for shareholders to share rents and compensate local residents for foregone access to those natural resources found in the protected area. 2012-08-13T09:55:10Z 2012-08-13T09:55:10Z 1997-05 http://documents.worldbank.org/curated/en/1997/05/12862333/environmental-valuation-techniques-madagascars-rainforests http://hdl.handle.net/10986/9933 English Africa Region Findings & Good Practice Infobriefs; No. 86 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Madagascar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BENEFIT SHARING
BIRDS
BUFFER ZONE
BUFFER ZONES
CONSERVATION ACTIVITIES
CONTINGENT VALUATION
COST ANALYSIS
CROP LOSS
CROP LOSSES
DEMAND ANALYSIS
DEVELOPING COUNTRIES
ECONOMIC CRITERIA
ECONOMIC RENT
ENVIRONMENTAL VALUATION
EXISTENCE VALUE
EXISTENCE VALUES
FAUNA
FLORA
FOREIGN VISITORS
INTERNATIONAL VISITORS
ISSUES
LAND USE
LIVESTOCK
LIVESTOCK GRAZING
LOCAL COMMUNITIES
NATIONAL PARK
NATIONAL PARKS
NATURAL RESOURCE
NATURAL RESOURCE CONSERVATION
NATURAL RESOURCE MANAGEMENT
NATURAL RESOURCES
NET PRESENT VALUE
OPPORTUNITY COST
OPPORTUNITY COSTS
PASTORAL ACTIVITIES
PRESERVES
PROTECTED AREAS
RECREATION
SCARCE CAPITAL
SHAREHOLDERS
SUSTAINABLE DEVELOPMENT
TOURISM
TOURISTS
TROPICAL DEFORESTATION
TROPICAL FORESTS
TROPICAL RAINFOREST
TROPICAL RAINFORESTS
VALUABLE ASSETS
VALUATION TECHNIQUES
VILLAGES
WILDLIFE
WILDLIFE MANAGEMENT
WILDLIFE MANAGEMENT AREAS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
spellingShingle BENEFIT SHARING
BIRDS
BUFFER ZONE
BUFFER ZONES
CONSERVATION ACTIVITIES
CONTINGENT VALUATION
COST ANALYSIS
CROP LOSS
CROP LOSSES
DEMAND ANALYSIS
DEVELOPING COUNTRIES
ECONOMIC CRITERIA
ECONOMIC RENT
ENVIRONMENTAL VALUATION
EXISTENCE VALUE
EXISTENCE VALUES
FAUNA
FLORA
FOREIGN VISITORS
INTERNATIONAL VISITORS
ISSUES
LAND USE
LIVESTOCK
LIVESTOCK GRAZING
LOCAL COMMUNITIES
NATIONAL PARK
NATIONAL PARKS
NATURAL RESOURCE
NATURAL RESOURCE CONSERVATION
NATURAL RESOURCE MANAGEMENT
NATURAL RESOURCES
NET PRESENT VALUE
OPPORTUNITY COST
OPPORTUNITY COSTS
PASTORAL ACTIVITIES
PRESERVES
PROTECTED AREAS
RECREATION
SCARCE CAPITAL
SHAREHOLDERS
SUSTAINABLE DEVELOPMENT
TOURISM
TOURISTS
TROPICAL DEFORESTATION
TROPICAL FORESTS
TROPICAL RAINFOREST
TROPICAL RAINFORESTS
VALUABLE ASSETS
VALUATION TECHNIQUES
VILLAGES
WILDLIFE
WILDLIFE MANAGEMENT
WILDLIFE MANAGEMENT AREAS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
Kramer, Rabdall
Shara, Narenda
Munasinghe, Mohan
Environmental Valuation Techniques : Madagascar's Rainforests
geographic_facet Africa
Madagascar
relation Africa Region Findings & Good Practice Infobriefs; No. 86
description Parks and protected areas are valuable assets to developing nations, whether viewed as environmental, economic or social goods. Nevertheless, to date there are few examples where the full potential economic rent of protected areas has been captured efficiently or distributed effectively. This severely limits the capacity of developing nations to sustain their natural resources. In Sub-Saharan Africa the crisis is acute, characterized by the rapid pace of deforestration, soil erosion, destruction of flora and fauna, and the depletion of water supplies. Many African nations have completed national environmental assessments that call for an expansion and diversification of protected areas. Several areas have been designated as protected areas- national parks, game preserves, wildlife management areas all with different levels of restrictions on their use by members of local communities. The methods of valuation used to determine appropriate levels of compensation for local communities and for cost recovery through users' fees to make natural resource management sustainable requires innovative approaches to valuing stakeholder opportunity costs, recreational demand, and existence value. The Contingent Valuation (CV) method is one way of determining levels of willingness-to-pay of visitors to protected areas and willingness to accept compensation by local residents. Once appropriate valuation techniques have been used, the key is to determine a viable benefit sharing scheme for shareholders to share rents and compensate local residents for foregone access to those natural resources found in the protected area.
format Publications & Research :: Brief
author Kramer, Rabdall
Shara, Narenda
Munasinghe, Mohan
author_facet Kramer, Rabdall
Shara, Narenda
Munasinghe, Mohan
author_sort Kramer, Rabdall
title Environmental Valuation Techniques : Madagascar's Rainforests
title_short Environmental Valuation Techniques : Madagascar's Rainforests
title_full Environmental Valuation Techniques : Madagascar's Rainforests
title_fullStr Environmental Valuation Techniques : Madagascar's Rainforests
title_full_unstemmed Environmental Valuation Techniques : Madagascar's Rainforests
title_sort environmental valuation techniques : madagascar's rainforests
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1997/05/12862333/environmental-valuation-techniques-madagascars-rainforests
http://hdl.handle.net/10986/9933
_version_ 1764411197321379840