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WILLINGNESS TO PAY FOR ENVIRONMENTAL SERVICE OF FOREST TREES BY COOPERATE ORGANISATIONS AgEcon
Adekunle, M.F.; Adedokun, M.O.; Adedoja, A.A..
Payments for environmental services (PES) especially of the forests are considered a potential instrument to mitigate environment and development challenges faced in many tropical countries. The success of any PES scheme is highly dependent on reliable economic data and monetary values of the services provided by the forest trees and vegetation. Hence the relevance of this study which adopted the contingent valuation method (CVM) to derive a monetary valuation for the environmental service functions of forest trees in University of Agriculture, Abeokuta (UNAAB) urban environment. Data were obtained from a multistage random sampling of 48 out of the 75 registered students’ Corporate Organisation made of Academic, Religion and Socio-cultural organisations...
Tipo: Report Palavras-chave: Contingent valuation; Environmental services; Willingness to pay (WTP); Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/54406
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