Understanding the potential adoption of agroforestry in Fiji using procurement auctions

Paulo Santos (), Benjamin Chipperfield () and Shipra Shah ()
Additional contact information
Paulo Santos: Economics, Monash University.
Benjamin Chipperfield: Economics, Monash University.
Shipra Shah: Forestry, Fiji National University

No 2025-07, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: REDD+ is a promising mechanism for financing carbon sequestration, but limited research exists on the contract designs that maximise this outcome. We estimate the supply of carbon under different agroforestry contracts using primary data collected in Fiji through procurement auctions, artefactual experiments, and household surveys. Our findings indicate that the densest and longest-duration contract offers the most cost-effective opportunities for carbon sequestration. We contrast auctions with contracts defined on the basis of important drivers of bidding decisions (identified using regression trees), under different assumptions of variables that can be used to administratively target beneficiaries. Our analysis shows that for relatively high values of carbon sequestration, auctions outperform such targeted payments, supporting their use for implementing REDD+ in Fiji.

Keywords: agroforestry; auction; REDD+; Fiji (search for similar items in EconPapers)
JEL-codes: D44 Q23 (search for similar items in EconPapers)
Date: 2025-05
New Economics Papers: this item is included in nep-agr, nep-des and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://monash-econ-wps.s3-ap-southeast-2.amazonaws ... s/moswps/2025-07.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mos:moswps:2025-07

Ordering information: This working paper can be ordered from
https://www.monash.e ... esearch/publications

Access Statistics for this paper

More papers in Monash Economics Working Papers from Monash University, Department of Economics Department of Economics, Monash University, Victoria 3800, Australia. Contact information at EDIRC.
Bibliographic data for series maintained by Simon Angus ().