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Can Tropical Forestry Be Made Profitable by 'Internalising the Externalities?

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Type: Working Paper
Author: Richards, Michael; Moura Costa, Pedro
Date: 1999
Agency: Overseas Development Institute, London
Series: Natural Resource Perspectives, no. 46
URI: https://hdl.handle.net/10535/3781
Sector: Forestry
Subject(s): forestry--tropics
forest management--policy
Abstract: "This paper discusses the potential and constraints of a range of innovative incentive mechanisms for stimulating sustainable (natural) forest management and conservation, including those like carbon offset trading which attempt to capture the global public good values (or externalities) of tropical forests and internalise them into positive incentives for forest users or managers."

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