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 TypeWeb Published Articles
Year of Publication2013
Volume87
Pagination14
Date Published01/2013
PublisherElsevier
Place PublishedOnline
Publication LanguageEnglish
Author

M S Swmainathan Research Foundation

KeywordsConsumption utility, Contingent valuation, Incentive mechanisms, Opportunity cost of on-farm conservation, Payments for ecosystem services, Willingness to accept
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 simultaneouslyconsidering a range of potential interventions in order to conserve a priority portfolio of
agrobiodiverse resources in predominantly subsistence-based agricultural systems.

Citation KeyEcological Economics 87 (2013) 110–123
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