Abstract
This study aimed to assess the profitability of community afforestation programmes in Northeast Thailand and the Philippines. Financial and economic profitability were assessed using market prices and economic efficiency values respectively, for goods and factors of production. Environmental-economic profitability was evaluated by adding the monetary values of on-site costs of soil erosion, transpiration, nutrients lost in harvesting and carbon sequestration to the assessed economic profitability estimates. Economic profitability of afforestation was 40–50% higher than financial profitability, and environmental- economic profitability 6–100% higher, than economic profitability. Among the studied environmental impacts of afforestation, carbon sequestration and transpiration were most important in economic terms. A decrease in the discount rate improved afforestation profitability.
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
