Does the economic benefit of biodiversity enhancement exceed the cost of conservation in planted forests?

• Published in: Ecosystem services Vol. 38; p. 100954
• Main Authors: Yao, Richard T., Scarpa, Riccardo, Harrison, Duncan R., Burns, Rhys J.
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01-08-2019
• Subjects: Biodiversity enhancement; Brown kiwi; Discrete choice experiment; New Zealand; Planted forests; Willingness to pay aggregation; Brown kiwi; New Zealand; Biodiversity enhancement; Planted forests; Willingness to pay aggregation; Discrete choice experiment
• ISSN: 2212-0416; 2212-0416
• DOI: 10.1016/j.ecoser.2019.100954

•We evaluate a proposed programme that enhances biodiversity in planted forests.•We used a framework that integrates economic, ecological and spatial approaches.•We estimated household-specific means of willingness to pay from 1036 respondents.•We aggregated WTP at the regional and national levels using a spatial approach.•Aggregated biodiversity benefits can be more than 100 times higher than its cost.
This study evaluates a proposed programme that would sustain and enhance the provision of ecosystem services in planted forests. We focused on the evaluation of the benefits and costs of the conservation of the New Zealand brown kiwi, an iconic yet threatened bird species that inhabits planted forests. Yao et al. (2014) found that a sample of 209 New Zealand (NZ) households would, on average, financially support a brown kiwi conservation programme in planted forests. We extend that study using a proof of concept that integrates economic, ecological and spatial approaches. We undertake this in five steps: 1) supplementing a previous discrete choice experiment survey by interviewing more than 900 additional georeferenced households; 2) estimating household-specific means of marginal willingness-to-pay (WTP) values; 3) using econometrics and geospatial approaches to explore WTP determinants; 4) identifying 12 ecologically and economically feasible ecosystem-service sites and calculate the costs of a conservation programme at each site; and 5) aggregating the public benefits of biodiversity at the regional and national levels and calculate the cost-benefit ratio. We found that the value of the proposed biodiversity conservation initiative at the national level can be more than 100 times higher than the overall cost of the programme.