The value of Namibia's forest resources: Preliminary economic asset and flow accounts
A national forest inventory completed in 2004 enabled the development of preliminary forest resource accounts for Namibia. The total woody resources volume was estimated at 257�million�m3. Forest products used for fuel, poles, timber and non-timber were included in the accounts, but charcoal production on private land was excluded. Forest use directly contributed some 3 per cent of the gross national product, N$1�billion (US$160�million), and the total direct and indirect economic impact of forest use in the broader economy was some N$1.8 billion (US$288�million). The standing forest assets had an estimated capital value of N$19 billion (US$304�million), comparable with the values for fish, minerals and wildlife. On a national level, stocks are underused. However, some localised over-harvesting occurs, which might be ameliorated through community forest management and trade in products, but capture of resource rent by government should be restricted to commercial forest use.
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Volume (Year): 27 (2010)
Issue (Month): 2 ()
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