Timber or carbon? Evaluating forest conservation strategies through a discrete choice experiment

Corinne Bocci, Brent Sohngen, Frank Lupi and Bayron Milian

Ecological Economics, 2020, vol. 171, issue C

Abstract: There are growing concerns that timber harvesting in the tropics, even when done sustainably, can increase carbon emissions. Despite these concerns, few studies have addressed whether households that engage in timber harvesting would be willing to forgo property rights to receive payments for carbon sequestration. This study addresses this issue by examining the trade-off between timber production and carbon storage in the context of the Maya Biosphere Reserve forest concessions in Guatemala. We estimate willingness to increase carbon storage at the expense of timber harvesting through a discrete choice experiment administered to 716 households in the Maya Biosphere Reserve. Because many individuals have rights to harvest non-timber forest products and work in the tourism sector, we assess how rights for these activities would influence the willingness to participate in carbon contracts. Contract length and group or individual payment structures are also investigated. The results show that households prefer contracts that focus on carbon storage rather than timber harvesting, but access to forests so individuals can participate in non-timber forest product harvesting and tourism is critically important in this region.

Keywords: Carbon sequestration; Community-managed forest concessions; PES contracts; Willingness to accept (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:171:y:2020:i:c:s0921800919311796

DOI: 10.1016/j.ecolecon.2020.106601

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