Forest valuation for decision making
Resource information
Date of publication
November 1997
Resource Language
ISBN / Resource ID
FAODOCREP:f7a8233f-2f2c-5efd-9325-13f0c55c47da
Pages
165
License of the resource
Copyright details
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.
This paper reviews various methodologies for forest valuation and describes how they have been used in the preparation of forestry investment projects and programmes. It confirms that many potentially good valuation methodologies exist and it presents summaries of most of the main methodologies used. The document highlights other important considerations that have to be considered in any analysis (e.g. distribution of costs and benefits, different perceptions of value). It also reveals that valuation is not widely used at the moment in forestry project preparation. One important message from the paper is that there is a distinction between having a high value and being able to capture it
