Cost-benefit analysis of landscape restoration: A stocktake

With the increase in demand for landscape restoration and the limited resources available, there is need for economic analysis of landscape restoration to help prioritize investment of the resources. Cost-benefit analysis (CBA) is a commonly applied tool in the economic analysis of landscape restora...

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Autores principales: Wainaina, P., Minang, Peter A., Gituku, E., Duguma, L.
Formato: Journal Article
Lenguaje:Inglés
Publicado: MDPI 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/118198
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author Wainaina, P.
Minang, Peter A.
Gituku, E.
Duguma, L.
author_browse Duguma, L.
Gituku, E.
Minang, Peter A.
Wainaina, P.
author_facet Wainaina, P.
Minang, Peter A.
Gituku, E.
Duguma, L.
author_sort Wainaina, P.
collection Repository of Agricultural Research Outputs (CGSpace)
description With the increase in demand for landscape restoration and the limited resources available, there is need for economic analysis of landscape restoration to help prioritize investment of the resources. Cost-benefit analysis (CBA) is a commonly applied tool in the economic analysis of landscape restoration, yet its application seems limited and varied. We undertake a review of CBA applications to understand the breadth, depth, and gaps. Of the 2056 studies identified in literature search, only 31 met our predefined criteria. Three studies offered a global perspective, while more than half were conducted in Africa. Only six countries benefit from at least 2 CBA studies, including Brazil, Ethiopia, Kenya, Vietnam, South Africa, and Tanzania. About 60% focus on agroforestry, afforestation, reforestation, and assisted natural regeneration practices. Only 16% covered all cost categories, with opportunity costs being the least covered. Eighty-four percent apply direct use values, while only 16% captured the non-use values. Similarly, lack of reliable data due to predictions and assumptions involved in data generation influenced CBA results. The limited number of eligible studies and the weaknesses identified hereinabove suggest strong need for improvements in both the quantity and quality of CBA to better inform planning, policies, and investments in landscape restoration.
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spelling CGSpace1181982024-06-26T10:09:24Z Cost-benefit analysis of landscape restoration: A stocktake Wainaina, P. Minang, Peter A. Gituku, E. Duguma, L. ecological restoration cost analysis landscape conservation With the increase in demand for landscape restoration and the limited resources available, there is need for economic analysis of landscape restoration to help prioritize investment of the resources. Cost-benefit analysis (CBA) is a commonly applied tool in the economic analysis of landscape restoration, yet its application seems limited and varied. We undertake a review of CBA applications to understand the breadth, depth, and gaps. Of the 2056 studies identified in literature search, only 31 met our predefined criteria. Three studies offered a global perspective, while more than half were conducted in Africa. Only six countries benefit from at least 2 CBA studies, including Brazil, Ethiopia, Kenya, Vietnam, South Africa, and Tanzania. About 60% focus on agroforestry, afforestation, reforestation, and assisted natural regeneration practices. Only 16% covered all cost categories, with opportunity costs being the least covered. Eighty-four percent apply direct use values, while only 16% captured the non-use values. Similarly, lack of reliable data due to predictions and assumptions involved in data generation influenced CBA results. The limited number of eligible studies and the weaknesses identified hereinabove suggest strong need for improvements in both the quantity and quality of CBA to better inform planning, policies, and investments in landscape restoration. 2020-11-19 2021-02-21T09:22:57Z 2021-02-21T09:22:57Z Journal Article https://hdl.handle.net/10568/118198 en Open Access MDPI Wainaina, P., Minang, P.A., Gituku, E. and Duguma, L. 2020. Cost-benefit analysis of landscape restoration: A stocktake. Land 9(11): 465. https://doi.org/10.3390/land9110465
spellingShingle ecological restoration
cost analysis
landscape conservation
Wainaina, P.
Minang, Peter A.
Gituku, E.
Duguma, L.
Cost-benefit analysis of landscape restoration: A stocktake
title Cost-benefit analysis of landscape restoration: A stocktake
title_full Cost-benefit analysis of landscape restoration: A stocktake
title_fullStr Cost-benefit analysis of landscape restoration: A stocktake
title_full_unstemmed Cost-benefit analysis of landscape restoration: A stocktake
title_short Cost-benefit analysis of landscape restoration: A stocktake
title_sort cost benefit analysis of landscape restoration a stocktake
topic ecological restoration
cost analysis
landscape conservation
url https://hdl.handle.net/10568/118198
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