Afforestation programs have huge potential to store carbon, thereby contributing to mitigate climate change. However, the voluntary acceptance by landowners crucially depends on their economic outcome. We (i) assess the carbon sequestration potential of afforestation projects in various Chinese regions by comparing different tree species, project durations and regional particularities, (ii) analyze the costs and benefits of tree species used for timber and fruit production as well as bamboo, and (iii) compare them with alternative crops under different climatic and economic conditions. Finally, we calculate the minimum compensation required by farmers to convert cropland to forests assuming a joint production of timber or fruits and carbon sequestration. No compensation is needed when cropland with relatively low revenues is to be converted. In contrast, compensation payments must be high for converting land used for cash crops, such as sugarcane. For fruit trees, the amount of carbon sequestered is low, but selling fruits and nuts is quite profitable. Consequently, in most cases there is no compensation needed. The minimum price per carbon credit decreases with increasing project duration because more carbon is stored per hectare, and in consequence, the required payments per credit are lower. This does not hold for fast-growing trees like eucalyptus and poplar, for which the minimum price increases with extended project duration. Bamboo shows a high carbon sequestration potential, and becomes economically more attractive by including carbon revenues. Carbon credits can often compensate the opportunity costs of alternative land uses, except for afforestation on highly productive cropland. We demonstrate that the economic attractiveness of afforestation projects is strongly context dependent and varies substantially across regions. The findings can contribute to the cost-efficient design of carbon sequestration projects. The methodology can be applied to other regions in the developing world.

This paper aims at analyzing whether existing economic value estimates for forest ecosystem services (ES) might be transferred and used for valuation purposes elsewhere, and whether these data are appropriate for application in forest management. Many forest ES are public goods or positive externalities, and as a consequence they do not have a market price. The valuation of forest ES can provide important information for decision making in forest management and planning as well as in political processes, especially by allowing the comparison of different alternatives and helping set priorities for practical actions, as well as developing financial incentives or support mechanisms. We analyze whether an integrated economic valuation model for forest ES can be developed based on existing published data. To achieve this, we assess to which extent a benefit transfer could be expedient, and which challenges must be addressed. Based on a literature search, we compiled an extensive database of forest ES values. Given that these values vary substantially for the same ES, such a database alone does not seem useful to serve as a decision and management support tool. In addition, the available information mainly focuses on forests as such, and does not include desirable forest composition and management targets. If existing estimates should be transferred and used for forest management decisions, both the background conditions of the primary studies and the indicators used for valuation need to be specified in detail. The most expedient approach in this context seemed to be a valuation function transfer based on a broad set of indicators, offering the possibility to adapt the valuation function to changing background conditions.

Recent global and regional assessments of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) show that Nature’s Contributions to People (NCP) are under an alarming threat due to the continuing loss of biodiversity. These assessments call for increasing conservation efforts and a more sustainable use of biodiversity to enhance the chances of halting biodiversity loss and reversing current trends. One of the strategies to achieve change is to mainstream biodiversity into sectoral policies. Mainstreaming, a concept that can be traced back to the Brundtland report, promotes the integration of the environment into political, societal, and economic planning and decision-making. Based on the review of key studies undertaken during the regional assessment for Europe and Central Asia, we develop a stepwise approach to analyze the current status of mainstreaming of biodiversity and NCP. The approach can be used both for policy design purposes and diagnostic evaluations. It demonstrates that mainstreaming has the potential to improve the conservation and sustainable use of biodiversity as well as the sustained provision of NCP. However, based on the status of implementation across Europe and Central Asia, we conclude that mainstreaming needs to be pursued and implemented in a stronger and more systematic way. The results of our assessment provide important input to national strategies and policies but also to the ongoing process of the Conference of the Parties to the Convention on Biological Diversity while developing the post-2020 global biodiversity framework.

In mountainous regions, forests play a crucial role in protecting the local population from natural hazards. In cases where existing forests are destroyed, e.g. by wind throws or diseases, the protection function has to be restored through technical measures. To determine the willingness to pay (WTP) for protection against avalanches, a choice experiment has been conducted and different experiment specifications have been tested to determine possible impacts on the results. The present study contributes to a comprehensive assessment of protection measures, and helps to identify efficient solutions based on the judgement of the people potentially endangered by natural hazards. The stepwise approach has the advantage to gradually check data fit, thereby didactically showing an operational way of dealing with different model specifications. The detailed case study can serve as a manual for conducting choice experiments with a similar focus and demonstrates the suitability and caveats of this approach to value protection from natural hazards in general.

Hydro-meteorological disasters have caused increasing losses in recent years. Efficient risk reduction policies require accurate assessment approaches, with car