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Estimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries

Author

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  • Krishna, Vijesh V.
  • Drucker, Adam G.
  • Pascual, Unai
  • Raghu, Prabhakaran T.
  • King, E.D. Israel Oliver

Abstract

This paper examines the role of direct compensation payments for agrobiodiversity conservation, using minor millet landraces in India as an example. The cost of farmer participation in a hypothetical ‘payments for agrobiodiversity conservation services’ (PACS) scheme is estimated using a stated preference valuation approach. Significant inter-crop and inter-varietal differences are observed with respect to consumption values, upon which the compensation demanded by farm households is shown to primarily depend. Drawing on a categorisation of consumption values and farmer preferences, the paper points to the importance of simultaneously considering a range of potential interventions in order to conserve a priority portfolio of agrobiodiverse resources in predominantly subsistence-based agricultural systems.

Suggested Citation

  • Krishna, Vijesh V. & Drucker, Adam G. & Pascual, Unai & Raghu, Prabhakaran T. & King, E.D. Israel Oliver, 2013. "Estimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries," Ecological Economics, Elsevier, vol. 87(C), pages 110-123.
  • Handle: RePEc:eee:ecolec:v:87:y:2013:i:c:p:110-123
    DOI: 10.1016/j.ecolecon.2012.12.013
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    References listed on IDEAS

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