Towards the Development of a Sustainable Financing Mechanism for the Conservation of the Ifugao Rice Terraces in the Philippines
Margaret M Calderon (),
Josefina T. Dizon,
Asa Jose U. Sajise,
Rogelio T. Andrada II,
Nathaniel T. Bantayan and
Myranel G. Salvador
Additional contact information
Margaret M Calderon: College of Forestry and Natural Resources, University of The Philippines, Los Banos
Josefina T. Dizon: College of Forestry and Natural Resources, University of The Philippines, Los Banos
Asa Jose U. Sajise: College of Forestry and Natural Resources, University of The Philippines, Los Banos
Rogelio T. Andrada II: College of Forestry and Natural Resources, University of The Philippines, Los Banos
Nathaniel T. Bantayan: College of Forestry and Natural Resources, University of The Philippines, Los Banos
Myranel G. Salvador: College of Forestry and Natural Resources, University of The Philippines, Los Banos
No rr2009071, EEPSEA Research Report from Economy and Environment Program for Southeast Asia (EEPSEA)
Abstract:
This study from the Philippines shows that tourism revenue could finance a significant part of the restoration and preservation work that is needed to save one of the country's most important cultural treasures. The study focuses on the key challenges that are facing the Ifugao Rice Terraces. The Ifugao Rice Terraces in the Philippines have been designated a UNESCO World Heritage Site since 1995. These terraces have been deteriorating steadily in recent years and they have been the subject of a number of under-funded and delayed 'action plans' that have failed to halt their decline. The challenges facing the terraces include a declining water and labour supply. The study finds that capturing tourists' willingness-to-pay for the conservation of the rice terraces could generate revenues of P 6.65 million or more a year. The study also finds that the water supply problems in the terraces would be reduced if deforestation was tackled and irrigation systems and damaged terrace walls were repaired. The study recommends that a labor subsidy payment should be introduced for Ifugao farmers. This would help them to continue to farm the terraces, would go some way to solving labour supply problems and would also help finance costly maintenance and terrace repair work.
Keywords: Rice; Philippines (search for similar items in EconPapers)
Date: 2009-07, Revised 2009-07
New Economics Papers: this item is included in nep-tur
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Citations: View citations in EconPapers (5)
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