A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation

The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has already been lost. The worldwide value of preserving the remaining forest is today unknown. A "Delphi" exercise w...

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Main Authors: Strand, Jon, Carson, Richard T., Navrud, Stale, Ortiz-Bobea, Ariel, Vincent, Jeffrey
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2015
Subjects:
AIR
CO
GDP
PP
WTP
Online Access:http://documents.worldbank.org/curated/en/2014/12/23072549/delphi-exercise-tool-amazon-rainforest-valuation
http://hdl.handle.net/10986/21139
id okr-10986-21139
recordtype oai_dc
spelling okr-10986-211392021-04-23T14:04:01Z A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation Strand, Jon Carson, Richard T. Navrud, Stale Ortiz-Bobea, Ariel Vincent, Jeffrey AIR AIR POLLUTION AMAZON BASIN AMAZON FOREST AMAZON RAINFOREST AMAZONIAN RAINFOREST AMPHIBIANS ANIMAL ANIMAL SPECIES ANIMALS BELIEFS BENEFIT ANALYSIS BIODIVERSITY BIOMASS BIRDS BUSINESS AS USUAL SCENARIO CALCULATION CARBON CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CARBON EMISSIONS CARBON SEQUESTRATION CARBON SINK CARBON STORAGE CARBON VALUES CATTLE CLIMATE CO COLLABORATION COMPLEXITY CONTINGENT VALUATION CONTINGENT VALUATION METHOD COST ANALYSIS CULTURAL HERITAGE DAMAGES DECISION-MAKING DEFORESTATION DEFORESTATION RATES DENSE FOREST DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISCOUNT RATE DISCUSSION DISCUSSIONS ECOLOGICAL ECONOMICS ECONOMETRICS ECONOMIC GROWTH ECONOMICS ECONOMISTS ECOSYSTEM ELASTICITIES ELASTICITY EMPIRICAL STUDIES ENDANGERED SPECIES ENERGY POLICY ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL ECONOMICS ENVIRONMENTAL ECONOMISTS ENVIRONMENTAL GOODS ENVIRONMENTAL VALUATION ENVIRONMENTAL VALUES EXISTENCE VALUE EXPLORATION EXTERNALITY EXTINCTION FOREST AREA FOREST COVER FOREST LOSS FOREST LOSSES FOREST PROTECTION GDP GDP PER CAPITA GLOBAL ECONOMY GROSS DOMESTIC PRODUCT HEDONIC PRICING IDEA IDEAS INCOME LEVELS INCOME TAXES ISSUES LAND ECONOMICS LEADING LEARNING LOGS MAMMAL SPECIES MAMMALS MIDDLE INCOME COUNTRIES NATIONAL INCOME NATIONAL PARKS NON-USE VALUES OXYGEN PASSIVE USE PER CAPITA INCOME PER CAPITA INCOMES POLLUTION POPULATION SURVEY POPULATION SURVEYS PP PRACTITIONERS PUBLIC GOOD PUBLIC GOODS PURCHASING POWER RAIN RATE OF DEFORESTATION RAW DATA SOCIAL COSTS SPECIES OF PLANTS STATISTICAL ANALYSIS SURVEY INSTRUMENT THINKING TIMBER TIMBER EXTRACTION TREES TROPICAL RAIN FORESTS TROPICAL RAINFORESTS VARIETY WILLINGNESS TO PAY WTP The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has already been lost. The worldwide value of preserving the remaining forest is today unknown. A "Delphi" exercise was conducted involving more than 200 environmental valuation experts from 36 countries, who were asked to predict the outcome of a survey to elicit willingness to pay for Amazon forest preservation among their own countries' populations. Expert judgments of average willingness-to-pay levels, per household per year, to fund a plan to protect all of the current Amazon rainforest up to 2050, range from $4 to $36 in 12 Asian countries, to near $100 in Canada, Germany, and Norway, with other high-income countries in between. Somewhat lower willingness-to-pay values were found for a less strict plan that allows a 12 percent further rainforest area reduction. The elasticity of experts' willingness-to-pay assessments with respect to own-country per capita income is slightly below but not significantly different from unity when results are pooled across countries and income is adjusted for purchasing power parity. 2015-01-07T21:36:13Z 2015-01-07T21:36:13Z 2014-12 http://documents.worldbank.org/curated/en/2014/12/23072549/delphi-exercise-tool-amazon-rainforest-valuation http://hdl.handle.net/10986/21139 English en_US Policy Research Working Paper;No. 7143 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AIR
AIR POLLUTION
AMAZON BASIN
AMAZON FOREST
AMAZON RAINFOREST
AMAZONIAN RAINFOREST
AMPHIBIANS
ANIMAL
ANIMAL SPECIES
ANIMALS
BELIEFS
BENEFIT ANALYSIS
BIODIVERSITY
BIOMASS
BIRDS
BUSINESS AS USUAL SCENARIO
CALCULATION
CARBON
CARBON DIOXIDE
CARBON DIOXIDE EMISSIONS
CARBON EMISSIONS
CARBON SEQUESTRATION
CARBON SINK
CARBON STORAGE
CARBON VALUES
CATTLE
CLIMATE
CO
COLLABORATION
COMPLEXITY
CONTINGENT VALUATION
CONTINGENT VALUATION METHOD
COST ANALYSIS
CULTURAL HERITAGE
DAMAGES
DECISION-MAKING
DEFORESTATION
DEFORESTATION RATES
DENSE FOREST
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISCOUNT RATE
DISCUSSION
DISCUSSIONS
ECOLOGICAL ECONOMICS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMICS
ECONOMISTS
ECOSYSTEM
ELASTICITIES
ELASTICITY
EMPIRICAL STUDIES
ENDANGERED SPECIES
ENERGY POLICY
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EXISTENCE VALUE
EXPLORATION
EXTERNALITY
EXTINCTION
FOREST AREA
FOREST COVER
FOREST LOSS
FOREST LOSSES
FOREST PROTECTION
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GROSS DOMESTIC PRODUCT
HEDONIC PRICING
IDEA
IDEAS
INCOME LEVELS
INCOME TAXES
ISSUES
LAND ECONOMICS
LEADING
LEARNING
LOGS
MAMMAL SPECIES
MAMMALS
MIDDLE INCOME COUNTRIES
NATIONAL INCOME
NATIONAL PARKS
NON-USE VALUES
OXYGEN
PASSIVE USE
PER CAPITA INCOME
PER CAPITA INCOMES
POLLUTION
POPULATION SURVEY
POPULATION SURVEYS
PP
PRACTITIONERS
PUBLIC GOOD
PUBLIC GOODS
PURCHASING POWER
RAIN
RATE OF DEFORESTATION
RAW DATA
SOCIAL COSTS
SPECIES OF PLANTS
STATISTICAL ANALYSIS
SURVEY INSTRUMENT
THINKING
TIMBER
TIMBER EXTRACTION
TREES
TROPICAL RAIN FORESTS
TROPICAL RAINFORESTS
VARIETY
WILLINGNESS TO PAY
WTP
spellingShingle AIR
AIR POLLUTION
AMAZON BASIN
AMAZON FOREST
AMAZON RAINFOREST
AMAZONIAN RAINFOREST
AMPHIBIANS
ANIMAL
ANIMAL SPECIES
ANIMALS
BELIEFS
BENEFIT ANALYSIS
BIODIVERSITY
BIOMASS
BIRDS
BUSINESS AS USUAL SCENARIO
CALCULATION
CARBON
CARBON DIOXIDE
CARBON DIOXIDE EMISSIONS
CARBON EMISSIONS
CARBON SEQUESTRATION
CARBON SINK
CARBON STORAGE
CARBON VALUES
CATTLE
CLIMATE
CO
COLLABORATION
COMPLEXITY
CONTINGENT VALUATION
CONTINGENT VALUATION METHOD
COST ANALYSIS
CULTURAL HERITAGE
DAMAGES
DECISION-MAKING
DEFORESTATION
DEFORESTATION RATES
DENSE FOREST
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISCOUNT RATE
DISCUSSION
DISCUSSIONS
ECOLOGICAL ECONOMICS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMICS
ECONOMISTS
ECOSYSTEM
ELASTICITIES
ELASTICITY
EMPIRICAL STUDIES
ENDANGERED SPECIES
ENERGY POLICY
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EXISTENCE VALUE
EXPLORATION
EXTERNALITY
EXTINCTION
FOREST AREA
FOREST COVER
FOREST LOSS
FOREST LOSSES
FOREST PROTECTION
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GROSS DOMESTIC PRODUCT
HEDONIC PRICING
IDEA
IDEAS
INCOME LEVELS
INCOME TAXES
ISSUES
LAND ECONOMICS
LEADING
LEARNING
LOGS
MAMMAL SPECIES
MAMMALS
MIDDLE INCOME COUNTRIES
NATIONAL INCOME
NATIONAL PARKS
NON-USE VALUES
OXYGEN
PASSIVE USE
PER CAPITA INCOME
PER CAPITA INCOMES
POLLUTION
POPULATION SURVEY
POPULATION SURVEYS
PP
PRACTITIONERS
PUBLIC GOOD
PUBLIC GOODS
PURCHASING POWER
RAIN
RATE OF DEFORESTATION
RAW DATA
SOCIAL COSTS
SPECIES OF PLANTS
STATISTICAL ANALYSIS
SURVEY INSTRUMENT
THINKING
TIMBER
TIMBER EXTRACTION
TREES
TROPICAL RAIN FORESTS
TROPICAL RAINFORESTS
VARIETY
WILLINGNESS TO PAY
WTP
Strand, Jon
Carson, Richard T.
Navrud, Stale
Ortiz-Bobea, Ariel
Vincent, Jeffrey
A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
geographic_facet Brazil
relation Policy Research Working Paper;No. 7143
description The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has already been lost. The worldwide value of preserving the remaining forest is today unknown. A "Delphi" exercise was conducted involving more than 200 environmental valuation experts from 36 countries, who were asked to predict the outcome of a survey to elicit willingness to pay for Amazon forest preservation among their own countries' populations. Expert judgments of average willingness-to-pay levels, per household per year, to fund a plan to protect all of the current Amazon rainforest up to 2050, range from $4 to $36 in 12 Asian countries, to near $100 in Canada, Germany, and Norway, with other high-income countries in between. Somewhat lower willingness-to-pay values were found for a less strict plan that allows a 12 percent further rainforest area reduction. The elasticity of experts' willingness-to-pay assessments with respect to own-country per capita income is slightly below but not significantly different from unity when results are pooled across countries and income is adjusted for purchasing power parity.
format Publications & Research :: Policy Research Working Paper
author Strand, Jon
Carson, Richard T.
Navrud, Stale
Ortiz-Bobea, Ariel
Vincent, Jeffrey
author_facet Strand, Jon
Carson, Richard T.
Navrud, Stale
Ortiz-Bobea, Ariel
Vincent, Jeffrey
author_sort Strand, Jon
title A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
title_short A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
title_full A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
title_fullStr A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
title_full_unstemmed A "Delphi Exercise" as a Tool in Amazon Rainforest Valuation
title_sort "delphi exercise" as a tool in amazon rainforest valuation
publisher World Bank Group, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2014/12/23072549/delphi-exercise-tool-amazon-rainforest-valuation
http://hdl.handle.net/10986/21139
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