Abstract
Environmental compensation measures usually accompany energy projects. Willingness-To-Pay (WTP) for five intangible benefits derived from afforested areas of a compensatory afforestation programme of National Thermal Power Corporation Dadri are estimated. Conventional Contingent Valuation shows the average WTP € 2.1 per respondent per month with more than 43 % of total WTP for ‘soil conservation and remediation’ and ‘improvement in underground water level’. Logit model method depicts the same order of magnitude but differs significantly at 5 % level for all the benefits. More informed decisions upon energy projects and afforestation programs shall help in conserving forests and their ecosystem services.
Sign-in/Register to access full text options 
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.
