How Much is the Amazon Worth? The State of Knowledge Concerning the Value of Preserving Amazon Rainforests

45 Pages Posted: 20 Apr 2016

See all articles by Peter May

Peter May

Federal Rural University of Rio de Janeiro (UFRRJ)-Universidade Federal Rural do Rio de Janeiro (UFRRJ)

Britaldo Silveira Soares-Filho

Federal University of Minas Gerais (UFMG)

Jon Strand

World Bank

Date Written: October 1, 2013

Abstract

This paper surveys the current state of knowledge concerning the value of the Amazon rainforest, including a survey of work to date to quantify changes in economic values when the rainforest cover changes. The focus is on local and regional impacts of forest loss or protection, including both gross values of forest protection and opportunity costs of converting the forest to other uses including agriculture. Important gross value items surveyed are timber and non-timber product extraction from a sustainably maintained rainforest; local values of eco-tourism; biological resources including bio-prospecting; a range of hydrological impacts including watershed protection, hydropower production, and changes in rainfall patterns; and impacts of forest fires and their control. Mapping such values in geographical space is of high value for implementing efficient and effective (Reducing Emissions from Deforestation and Forest Degradation ) programs for protecting the remaining forest. The current data basis for such mapping is found to be quite weak and in need of improvement for all value elements.

Keywords: Climate Change Mitigation and Green House Gases, Environmental Economics & Policies, Wildlife Resources, Climate Change and Environment, Forestry

Suggested Citation

May, Peter and Soares-Filho, Britaldo Silveira and Strand, Jon, How Much is the Amazon Worth? The State of Knowledge Concerning the Value of Preserving Amazon Rainforests (October 1, 2013). World Bank Policy Research Working Paper No. 6668. Available at SSRN: https://ssrn.com/abstract=2343709

Peter May

Federal Rural University of Rio de Janeiro (UFRRJ)-Universidade Federal Rural do Rio de Janeiro (UFRRJ) ( email )

Rodovia BR 465 - Km 7
Campus Universitário, Seropédica
Rio De Janeiro, 23851-970
Brazil

Britaldo Silveira Soares-Filho

Federal University of Minas Gerais (UFMG) ( email )

Av. Antonio Carlos, 6627
Belo Horizonte, Minas Gerais 31270-901
Brazil

Jon Strand

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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