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Valuing Tropical Forests
Randall Kramer Narendra P. Sharma
Price: $ 22

World Bank Environment Paper No. 13.
This volume examines selected causes of tropical deforestation and explores forest valuation issues in the context of a protected area project in Madagascar. The study reported in this document is the first to perform economic analysis by applying nonmarket valuation methods to the environmental services provided by protected forests.
The first part of the report sets out the context of tropical deforestation and loss of biodiversity and provides a framework for examining the economic value of forests. The second part provides a detailed case study of Madagascar that illustrates the practical application of analysis techniques to the valuation of forests. The final section summarizes the main findings.

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