全球智库信息集成服务系统(G2TT): Conservation Payments under Uncertainty when Nonuse Benefits have Market Value

G2TT

来源类型	Working papers
规范类型	论文
	Conservation Payments under Uncertainty when Nonuse Benefits have Market Value
	Engel, Stefanie; Palmer, Charles; Taschini, Luca; Urech, Simon
发表日期	2012
出版年	2012
语种	英语
摘要	The decision of whether to retain tropical forest or convert to another land use such as agriculture is affected by uncertainty over future land-use returns. A model of land-use change is developed to investigate the design of incentive payments to landowners under uncertainty. With the aim of conserving forests over time, payments comprise fixed and variable components. The latter are either indexed to the returns from forest conversion, principally agricultural production, or to a market value associated with forest non-use benefits. Payment size depends on the dependency structure between the two competing land returns and the relative volatility of the underlying returns. It is lower the higher the correlation between the returns from the indexed component and the returns from the alternative land use, and the greater the volatility of the returns from forest conservation relative to the alternative. The general model is simulated for reducing emissions from deforestation and degradation (REDD) in Brazil. Low correlation and greater volatility are shown to have opposing effects on landowners' returns from market-based carbon payments.
主题	Deforestation ; Land use change ; Payments ; Permanence ; REDD ; Uncertainty
URL	https://www.research-collection.ethz.ch/handle/20.500.11850/59136
来源智库	Centre for Energy Policy and Economics (Switzerland)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/266574
推荐引用方式 GB/T 7714	Engel, Stefanie,Palmer, Charles,Taschini, Luca,et al. Conservation Payments under Uncertainty when Nonuse Benefits have Market Value. 2012.