Economic Benefits Under Alternate Management Practices

Economic Benefits Under Alternate Management Practices

 

  • In each case where the total economic value of sustainable management practices was compared with management regimes involving conversion of the ecosystem or unsustainable prac­tices, the benefit of managing the ecosys­tem more sustainably exceeded that of the converted ecosystem even though the pri­vate benefits—that is, the actual monetary benefits captured from the services enter­ing the market—would favour conversion or unsustainable management.
  • Conversion of tropical forest to small-scale agriculture or plantations (Cameroon). Maintenance of the forest with low-impact logging provided social bene­fits (NWFPs, sedimentation control, and flood prevention) and global benefits (carbon stor­age plus option, inheritance, and existence val­ues) across the five study sites totalling some $3,400 per hectare. Conversion to small-scale agriculture yielded the greatest private benefits (food production), of about $2,000 per hectare.
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Millennium Ecosystem Assessment (MA)