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Cost-benefit analysis of landscape restoration: A stocktake

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Title Cost-benefit analysis of landscape restoration: A stocktake
 
Creator Wainaina, P.
Minang, P.A.
Gituku, E.
Duguma, L.
 
Subject ecological restoration
cost analysis
landscape conservation
 
Description With the increase in demand for landscape restoration and the limited resources available, there is need for economic analysis of landscape restoration to help prioritize investment of the resources. Cost-benefit analysis (CBA) is a commonly applied tool in the economic analysis of landscape restoration, yet its application seems limited and varied. We undertake a review of CBA applications to understand the breadth, depth, and gaps. Of the 2056 studies identified in literature search, only 31 met our predefined criteria. Three studies offered a global perspective, while more than half were conducted in Africa. Only six countries benefit from at least 2 CBA studies, including Brazil, Ethiopia, Kenya, Vietnam, South Africa, and Tanzania. About 60% focus on agroforestry, afforestation, reforestation, and assisted natural regeneration practices. Only 16% covered all cost categories, with opportunity costs being the least covered. Eighty-four percent apply direct use values, while only 16% captured the non-use values. Similarly, lack of reliable data due to predictions and assumptions involved in data generation influenced CBA results. The limited number of eligible studies and the weaknesses identified hereinabove suggest strong need for improvements in both the quantity and quality of CBA to better inform planning, policies, and investments in landscape restoration.
 
Date 2020-11-19
2021-02-21T09:22:57Z
2021-02-21T09:22:57Z
 
Type Journal Article
 
Identifier Wainaina, P., Minang, P.A., Gituku, E. and Duguma, L. 2020. Cost-benefit analysis of landscape restoration: A stocktake. Land 9(11): 465. https://doi.org/10.3390/land9110465
2073-445X
https://hdl.handle.net/10568/118198
https://www.mdpi.com/2073-445X/9/11/465/pdf
https://doi.org/10.3390/land9110465
 
Language en
 
Rights CC-BY-4.0
Open Access
 
Format 465
 
Source Land