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The Ankasa Forest Conservation Area of Ghana: Ecosystem service values and on-site REDD+ opportunity cost

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  • Tilahun, Mesfin
  • Damnyag, Lawrence
  • Anglaaere, Luke C.N.

Abstract

The Ankasa Forest Conservation Area is one of the most important protected areas (PA) in West Africa. This study aimed at estimating the economic values of selected ecosystem services of the PA and the direct on-site REDD+ opportunity costs to communities. We found that the PA stocks 32.8 million m3 (627m3/ha) of standing trees with a stumpage value of about $ 19.1 million (364 $/ha), 64.3 million tCO2e (1230 tCO2e/ha) of carbon worth of $379.5 million ($7257/ha), and 6380 tons of nutrients worth of 0.64 million USD. The direct on-site REDD+ opportunity cost for conserving the PA until 2042 was about 6.7–24.1 $/tCO2e (0.22–0.80 $/tCO2e per year) in net present value. From our field observation of the PA, we did not see a buffer zone that separates the PA from the surrounding land uses. Establishing a buffer zone is very important for the sustainability of the PA. Such an effort, however, should take in to account the opportunity costs to the rural communities associated with possible displacement. Thus, the results of the study could be used as important input for designing policies that will reinforce the sustainability of the Ankasa PA and other conservation sites in Ghana.

Suggested Citation

  • Tilahun, Mesfin & Damnyag, Lawrence & Anglaaere, Luke C.N., 2016. "The Ankasa Forest Conservation Area of Ghana: Ecosystem service values and on-site REDD+ opportunity cost," Forest Policy and Economics, Elsevier, vol. 73(C), pages 168-176.
    • Handle: RePEc:eee:forpol:v:73:y:2016:i:c:p:168-176
    DOI: 10.1016/j.forpol.2016.08.011
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    References listed on IDEAS

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    1. Olschewski, Roland & Benitez, Pablo C., 2005. "Secondary forests as temporary carbon sinks? The economic impact of accounting methods on reforestation projects in the tropics," Ecological Economics, Elsevier, vol. 55(3), pages 380-394, November.
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    3. Angelsen, Arild & Jagger, Pamela & Babigumira, Ronnie & Belcher, Brian & Hogarth, Nicholas J. & Bauch, Simone & Börner, Jan & Smith-Hall, Carsten & Wunder, Sven, 2014. "Environmental Income and Rural Livelihoods: A Global-Comparative Analysis," World Development, Elsevier, vol. 64(S1), pages 12-28.
    4. Guy Garrod & Kenneth G. Willis, 1999. "Economic Valuation of the Environment," Books, Edward Elgar Publishing, number 1368.
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    Cited by:

    1. Sheng, Jichuan, 2020. "Private sector participation and incentive coordination of actors in REDD+," Forest Policy and Economics, Elsevier, vol. 118(C).
    2. Cuni-Sanchez, Aida & Ngute, Alain Senghor K. & Sonké, Bonaventure & Sainge, Moses Nsanyi & Burgess, Neil D. & Klein, Julia A. & Marchant, Rob, 2019. "The importance of livelihood strategy and ethnicity in forest ecosystem services’ perceptions by local communities in north-western Cameroon," Ecosystem Services, Elsevier, vol. 40(C).
    3. Yang, Hongqiang & Li, Xi, 2018. "Potential variation in opportunity cost estimates for REDD+ and its causes," Forest Policy and Economics, Elsevier, vol. 95(C), pages 138-146.
    4. Sheng, Jichuan & Tang, Weizong & Zhu, Bangzhu, 2019. "Incentivizing REDD+: The role of cost-sharing mechanisms in encouraging stakeholders to reduce emissions from deforestation and degradation," Ecosystem Services, Elsevier, vol. 40(C).
    5. Saeed, Abdul-Razak & McDermott, Constance & Boyd, Emily, 2018. "Examining equity in Ghana's national REDD+ process," Forest Policy and Economics, Elsevier, vol. 90(C), pages 48-58.
    6. Acharya, Ram Prasad & Maraseni, Tek & Cockfield, Geoff, 2020. "Assessing the financial contribution and carbon emission pattern of provisioning ecosystem services in Siwalik forests in Nepal: Valuation from the perspectives of disaggregated users," Land Use Policy, Elsevier, vol. 95(C).
    7. Shang Xu & H. Allen Klaiber & Daniela A. Miteva, 2023. "Impacts of forest conservation on local agricultural labor supply: Evidence from the Indonesian forest moratorium," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(3), pages 940-965, May.
    8. Lee, Jongyeol & Kim, Hyungsub & Song, Cholho & Kim, Gang Sun & Lee, Woo-Kyun & Son, Yowhan, 2020. "Determining economically viable forest management option with consideration of ecosystem services in Korea: A strategy after successful national forestation," Ecosystem Services, Elsevier, vol. 41(C).

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