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In the natural resource accounting framework, the Ramsar site and the wetland were treated in the<br />

form of land or ecosystem accounts. The direct use values measured in this study represent the<br />

production or flow accounts. The asset value, measured as the 2005 value of the expected future<br />

flow of resource rents from the land, was estimated at P3.9 billion for the Ramsar site and P3.4 billion<br />

for the wetland.<br />

We examined the likely effects of three future land use options on the direct use values. These<br />

involved the currently proposed land use plan, a second option where the emphasis was put on the<br />

expansion of agricultural lands, and a third option where the emphasis was put on protection of the<br />

natural assets of the delta. The currently proposed land use plan, which gives emphasis to<br />

complementary land use and wise use of the resources, emerged as the most economically efficient.<br />

This plan thus appears optimal for the Ramsar site. The likely effects of external factors, involving<br />

water extraction plans and climate change predictions were tested in two further scenarios. These<br />

factors, particularly climate change, will reduce the value of the Ramsar site. Attention should be<br />

given in planning to any possible ways of ameliorating these effects.<br />

Management of the Okavango Delta and the Ramsar Site in general will need to strike a balance<br />

between meeting the needs of the people living in and around the delta and generating its important<br />

contribution to the national economy. People living in the study area derive roughly equal benefits<br />

from natural resources and from tourism, the latter being slightly higher. However, there is an<br />

important difference in the form that these benefits take. Natural resources provide subsistence value<br />

which contributes to peoples’ livelihoods, as well as some cash income. Perhaps more importantly,<br />

they have the capacity to provide a safety-net for households that suffer shocks and provide a riskspreading<br />

mechanism for poor households that are vulnerable to the vagaries of environmental<br />

variability. Tourism, on the other hand, generates hard, reliable cash income to households, providing<br />

the type of income that most households aspire to having. Thus both aspects are important. Tourism<br />

also makes a substantial contribution to Botswana’s GNP, which in turn provides more revenue and<br />

social security to households all over the country. In light of the above findings, it is recommended<br />

that future management of the Okavango Delta is centred on ensuring the sustainability of current<br />

resource use by households so that they can continue to provide the livelihood and other social<br />

benefits into the future, and enhancing the value of the delta for low impact – high value tourism<br />

through maintaining the extent and integrity of the conserved area. The enormous value of tourism in<br />

the Okavango Delta could be turned to greater advantage if policy aimed to reduce the import<br />

component of tourism and to expand the links between tourism and development through CBNRM.<br />

Given the massive potential influence of changes in freshwater inflow into the delta on the capacity to<br />

generate both household and tourism benefits, and the potential effects of climate change in<br />

exacerbating any impacts of upstream water abstraction, it is essential that Botswana works to ensure<br />

adequate flows in future through international agreements.<br />

Finally, we recommend that there is ongoing research on ecosystem functioning of the delta that will<br />

be able to inform our understanding of the value of ecosystem services and the impacts of finer scale<br />

management decisions. Research is needed on tourism in order to understand the mechanisms of<br />

demand and supply and the impacts of various policy decisions. In addition, more research is<br />

required on the non-use value generated by the delta in order to appreciate the impact of changes in<br />

ecosystem health of the delta on the international community.<br />

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