Estimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries

TitleEstimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries
Publication TypeJournal Article
Year of Publication2013
AuthorsKrishna V.V., Drucker A.G., Pascual U., Raghu P.T., OliverKing E.D.I.
JournalEcological Economics
Start Page110
End page123
KeywordsAgriculture, Agrobiodiversity, Ecological Economics, Ecosystem
Abstract

This paper examines the role of direct compensation payments for agrobiodiversity conservation, using
minor millet landraces in India as an example. The cost of farmer participation in a hypothetical ‘payments
for agrobiodiversity conservation services’ (PACS) scheme is estimated using a stated preference valuation
approach. Significant inter-crop and inter-varietal differences are observed with respect to consumption
values, upon which the compensation demanded by farm households is shown to primarily depend. Drawing
on a categorisation of consumption values and farmer preferences, the paper points to the importance of simultaneously
considering a range of potential interventions in order to conserve a priority portfolio of
agrobiodiverse resources in predominantly subsistence-based agricultural systems

http://www.sciencedirect.com/science/article/pii/S092180091200496X

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