Show simple item record

dc.contributor.authorRakatama, A
dc.contributor.authorPandit, R
dc.contributor.authorMa, C
dc.contributor.authorIftekhar, Sayed
dc.date.accessioned2020-04-30T03:52:21Z
dc.date.available2020-04-30T03:52:21Z
dc.date.issued2017
dc.identifier.issn1389-9341
dc.identifier.doi10.1016/j.forpol.2016.08.006
dc.identifier.urihttp://hdl.handle.net/10072/393527
dc.description.abstractThe costs and benefits of the Reducing Emissions from Deforestation and Forest Degradation (REDD+) projects are often reported in isolation. There is a lack of comprehensive understanding of the types of REDD+ costs and benefits reported in the literature. In this paper, we conducted a review of 60 unique REDD+ costs and benefits studies. We found that no single study covers all categories of costs and benefits in a comparable form. A total of 56 comparable estimates were available for opportunity costs, 21 for transaction and implementation costs, 23 for total costs, and only four for direct monetary benefits. We found that, on average, the total REDD+ cost ($24.87/tCO2e) was 2.23 times higher than the opportunity cost and the opportunity cost was 3.28 times higher than the transaction and implementation costs. Costs estimates among studies vary widely based on estimation approach used and the scale of the studies. We noted that future REDD+ costs and benefits studies should provide estimates of all relevant costs and benefits, and the distribution of these costs and benefits among project stakeholders. These findings have implications in REDD+ project design and implementation.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherElsevier
dc.publisher.placeNetherlands
dc.relation.ispartofpagefrom103
dc.relation.ispartofpageto111
dc.relation.ispartofjournalForest Policy and Economics
dc.relation.ispartofvolume75
dc.subject.fieldofresearchAgricultural Economics
dc.subject.fieldofresearchForestry Sciences
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchPolicy and Administration
dc.subject.fieldofresearchcode140201
dc.subject.fieldofresearchcode0705
dc.subject.fieldofresearchcode1402
dc.subject.fieldofresearchcode1605
dc.subject.keywordsSocial Sciences
dc.subject.keywordsScience & Technology
dc.subject.keywordsLife Sciences & Biomedicine
dc.subject.keywordsEconomics
dc.subject.keywordsEnvironmental Studies
dc.titleThe costs and benefits of REDD+: A review of the literature
dc.typeJournal article
dc.type.descriptionC1 - Articles
dcterms.bibliographicCitationRakatama, A; Pandit, R; Ma, C; Iftekhar, S, The costs and benefits of REDD+: A review of the literature, Forest Policy and Economics, 2017, 75, pp. 103-111
dc.date.updated2020-04-30T03:46:32Z
gro.hasfulltextNo Full Text
gro.griffith.authorIftekhar, Md Sayed S.


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record