Publication - Forestry and Macroeconomic Accounts of Nigeria: The Importance of Linking Ecosystem Services to Macroeconomics

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Title
Forestry and Macroeconomic Accounts of Nigeria: The Importance of Linking Ecosystem Services to Macroeconomics
Publisher
UN-REDD Programme
Author
UN-REDD Programme
Published in
January 2017
Abstract
The purpose of this study is to analyse the economic value of Nigeria's

forest resources, where possible, placing added focus on resources found in the CRS, and demonstrate some policy instruments that would alleviate pressure on these natural forest systems. The analysis shows that the contribution of forests to the economy of Nigeria is underestimated in the national accounts

Furthermore, the study demonstrates three economic policy instruments that seek to incentivize landholders to pursue sustainable forest management. These proposed policy options are not intended to be a comprehensive final set of options for Nigeria, but are rather used to demonstrate how these options could work, what they would cost, to what extent they would curb deforestation and what the relative costs and benefits to the economy of Nigeria would be. The three preliminary policy options tested are: (i)

Carbon trade; (ii) Certified plantation forestry and (iii) Agroforestry.


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