Abstract

The scope of Forest Stewardship Council (FSC) certification, a market-based mechanism targeting sustainable forest management, could be expanded to certify delivery of a range of forest ecosystem services (FES). To assess the feasibility of such an undertaking, we examined market demand for FES certification based on the benefits and costs applicable to certification of any FES. We conducted a choice experiment with 188 FSC certificate holders to assess the perspectives of potential FES certification adopters. Our results revealed preferences for FES certification system capable of providing a 50% price premium, technical training for forest owners, and greater global market reach. However, potential adopters showed low willingness to pay for FES certification and limited technical capacity to manage FES. Furthermore, only FES traded at the global scale to date is forest carbon. These findings indicate characteristics of FES certification that forest owners would likely require, as well as a number of challenges in developing such as a scheme.

Full Text
Paper version not known

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 call

Disclaimer: 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.