the economic valuation of the proposed ... - Nature Uganda

The Economic Valuation of the Proposed Degazettment of Mabira CFR
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furniture,
Both the
building,
actual
construction,
and potential
etc.) hence
(pharmaceutical
retaining Community
values) stream
benefits in
of
terms
net
of
benefits
poles and
were
firewood,
its estimated stored carbon at values. US$ 1,081,243/year The value of the growing of which stock 54 non-timber percent represents forest products the annual and water value supplies of were
becomes exploitable relevant timber for purposes value, of whereby any compensation the amount as harvested estimated to does represent not another exceed 10 mean percent annual of the annual
discussed increment in Chapter (MAI) 5.0. and a further 16 percent each benefits are contributed stream. by carbon sequestration
and watershed protection values. Community benefits in terms of poles and firewood,
Both non-timber the actual forest and potential products (pharmaceutical and water values) supplies The were present estimated value to of the represent annual another stream of 10 benefits
stream
percent
of net
of
benefits
the annual
were
benefits
estimated
stream.
at US$ 1,081,243/ was estimated at about US$10 million, which when
year of which 54 percent represents the annual value combined with the value of growing stock would give a
The present value of the annual stream of benefits was estimated at about US$10 million,
of exploitable timber value, whereby the amount total net present value of US$45.1 million for the area of
which when combined with the value of growing stock would give a total net present
harvested value of does US$45.1 not exceed million mean for the annual area increment of impact in impact Mabira in Mabira CFR. CFR.
(MAI) and a further 16 percent each are contributed by
carbon sequestration and watershed protection values.
Table 21: 21: Summary of Values of Values
One
– off
Values
Amount
Ushs US $
Timber Stock
59,
902,
000,
000
35,
236,471
Value of Carbon Stored 6,352,424,000 3,736,720
Annual Stream of Benefits
Amount/
Year
Ushs
US
$
Timber
986,
349,
333
580,
205
Poles & Firewood 61,045,070 35,909
Non – Timber forest products (NTFP) 68,834,694 40,491
Ecotourism
18,
324,
300
10,
779
Community water supplies 57,258,416 33,681
Pharmaceutical values 34,083,504 20,049
Carbon Sequestration 294,597,256 173,293
Watershed protection 293,188,800 172,464
Option/existence values 24,432,400 14,372
1,838,113,773 1,081,243
Net Present Value of Annual Benefits Streams
Amount
Ushs
US$
1.
Timber
8,
219,
577,
775
4,
835,
046
2. Poles & Firewood 508,708,917 299,241
3 . NTFP
573,
622,
450
337,425
4. Domestic water supply for communities 157,702,500 898,825
5. Pharmaceutical values 477,153,468 280,679
6.
Ecotourism
value
284,
029,
200
167,
076
7. Carbon sequestration values 2,454,977,133 1,444,104
8. Watershed protection values 2,443,240,000 1,437,200
9. Option/Existence values 203,603,900 119,767
15,322,615,343 9,819,363
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By Yakobo Moyini, PhD
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The Economic Valuation of the Proposed Degazettement of Mabira CFR | 2011
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