Paying the forest for electricity: A modelling framework to market forest conservation as payment for ecosystem services benefiting hydropower generation
dc.contributor.author | Arias, M.E. | |
dc.contributor.author | Cochrane, T.A. | |
dc.contributor.author | Lawrence, K. | |
dc.contributor.author | Killeen, T.J. | |
dc.contributor.author | Farrell, T.A. | |
dc.date.accessioned | 2011-10-12T01:44:56Z | |
dc.date.available | 2011-10-12T01:44:56Z | |
dc.date.issued | 2011 | en |
dc.description | Published in PESC Special issue: Payments for ecosystem services in conservation: performance and prospects | en |
dc.description.abstract | The operation and longevity of hydropower dams are often negatively impacted by sedimentation. Forest conservation can reduce soil erosion, and therefore efforts to maintain upstream forest cover within a watershed contribute to the economic life span of a hydropower facility. The cost of forest conservation can be viewed as an investment in hydropower and be financed via a payment for ecosystem services (PES) scheme. A novel modelling framework is used to estimate payments for forest conservation consisting of: (1) land-use change projection; (2)watershed erosion modelling; (3) reservoir sedimentation estimation; (4) power generation loss calculation; and (5) PES scheme design. The framework was applied to a proposed dam in Cambodia (Pursat 1). The estimated net present value of forest conservation was US$ 4.7 million when using average annual climate values over 100 years, or US$ 6.4 million when considering droughts every eight years. This can be remunerated with annual payments ofUS$ 4.26ha-1 or US$ 5.78ha-1, respectively, covering forest protection costs estimated at US$ 0.9 ha-1 yr-1. The application of this type of PES represents a rational option that allows for conservation and development of hydropower watersheds susceptible to erosion and sedimentation. | en |
dc.identifier.citation | Arias, M.E., Cochrane, T.A., Lawrence, K., Killeen, T.J., Farrell, T.A. (2011) Paying the forest for electricity: A modelling framework to market forest conservation as payment for ecosystem services benefiting hydropower generation. Environmental Conservation, 38(4), pp. 1-12. | en |
dc.identifier.doi | https://doi.org/10.1017/S0376892911000464 | |
dc.identifier.issn | 0376-8929 | |
dc.identifier.uri | http://hdl.handle.net/10092/5627 | |
dc.language.iso | en | |
dc.publisher | University of Canterbury. Civil and Natural Resources Engineering | en |
dc.rights.uri | https://hdl.handle.net/10092/17651 | en |
dc.subject | forest conservation | en |
dc.subject | payment for ecosystem | en |
dc.subject | services | en |
dc.subject | reservoir sedimentation | en |
dc.subject | sediment yield | en |
dc.subject | soil erosion | en |
dc.subject | sustainable hydropower | en |
dc.subject | watershed management | en |
dc.subject.anzsrc | Field of Research::09 - Engineering::0905 - Civil Engineering | en |
dc.subject.anzsrc | Fields of Research::41 - Environmental sciences::4104 - Environmental management::410401 - Conservation and biodiversity | en |
dc.title | Paying the forest for electricity: A modelling framework to market forest conservation as payment for ecosystem services benefiting hydropower generation | en |
dc.type | Journal Article |
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