Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector

Developing countries are expected to contribute to climate change mitigation efforts by reducing deforestation, with financial compensations for associated economic losses. These losses are due to foregone revenues and limited economic development, all of these labeled “opportunity costs”. Their acc...

Descripción completa

Detalles Bibliográficos
Autor principal: Pirard, R.
Formato: Journal Article
Lenguaje:Inglés
Publicado: 2008
Materias:
Acceso en línea:https://hdl.handle.net/10568/20354
_version_ 1855531904986513408
author Pirard, R.
author_browse Pirard, R.
author_facet Pirard, R.
author_sort Pirard, R.
collection Repository of Agricultural Research Outputs (CGSpace)
description Developing countries are expected to contribute to climate change mitigation efforts by reducing deforestation, with financial compensations for associated economic losses. These losses are due to foregone revenues and limited economic development, all of these labeled “opportunity costs”. Their accurate estimation is strategic for at least two reasons: to determine fair compensations, and to prioritize low cost strategies to reduce emissions. However, numerous interpretations of the opportunity cost concept coexist in the literature and in influential reports (e.g. Stern review), with differing estimated values for similar cases. This paper presents a framework to better identify relevant values to the calculations: profits / total national economic value, conservation site / downstream industries. When applied to the pulp sector in Indonesia, the framework yields contrasted opportunity costs. This contrast is due to several factors, including the heterogeneity of the pulp industry, or the availability of non-forested lands to displace activities. These values range from zero to one thousand dollars per hectare per year. To use such a framework would help gain credibility and achieve fairness in negotiations between host countries and other stakeholders, in particular those who fund activities to reduce deforestation
format Journal Article
id CGSpace20354
institution CGIAR Consortium
language Inglés
publishDate 2008
publishDateRange 2008
publishDateSort 2008
record_format dspace
spelling CGSpace203542025-01-24T14:20:00Z Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector Pirard, R. pulp and paper industry opportunity costs deforestation degraded forests Developing countries are expected to contribute to climate change mitigation efforts by reducing deforestation, with financial compensations for associated economic losses. These losses are due to foregone revenues and limited economic development, all of these labeled “opportunity costs”. Their accurate estimation is strategic for at least two reasons: to determine fair compensations, and to prioritize low cost strategies to reduce emissions. However, numerous interpretations of the opportunity cost concept coexist in the literature and in influential reports (e.g. Stern review), with differing estimated values for similar cases. This paper presents a framework to better identify relevant values to the calculations: profits / total national economic value, conservation site / downstream industries. When applied to the pulp sector in Indonesia, the framework yields contrasted opportunity costs. This contrast is due to several factors, including the heterogeneity of the pulp industry, or the availability of non-forested lands to displace activities. These values range from zero to one thousand dollars per hectare per year. To use such a framework would help gain credibility and achieve fairness in negotiations between host countries and other stakeholders, in particular those who fund activities to reduce deforestation 2008 2012-06-04T09:13:17Z 2012-06-04T09:13:17Z Journal Article https://hdl.handle.net/10568/20354 en Pirard, R. 2008. Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector . International Forestry Review 10 (3) :512-522. ISSN: 1465-5489.
spellingShingle pulp and paper industry
opportunity costs
deforestation
degraded forests
Pirard, R.
Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title_full Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title_fullStr Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title_full_unstemmed Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title_short Estimating opportunity costs of avoided deforestation (REDD): Application of a flexible stepwise approach to the Indonesian pulp sector
title_sort estimating opportunity costs of avoided deforestation redd application of a flexible stepwise approach to the indonesian pulp sector
topic pulp and paper industry
opportunity costs
deforestation
degraded forests
url https://hdl.handle.net/10568/20354
work_keys_str_mv AT pirardr estimatingopportunitycostsofavoideddeforestationreddapplicationofaflexiblestepwiseapproachtotheindonesianpulpsector