Mayan Forest Road Projects: Market failure from information failure

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Road-building projects in the Mayan Biosphere Reserve to connect Mexico and Guatemala were subjected to a cost-benefit evaluation. Up to an estimated 311,000 hectares of jaguar habitat were found to be at risk of deforestation due to these projects. Some of the projects were shown to have negative rates of return on investment on the basis of project economics, whilst others would be negative if only the carbon dioxide emissions (225million tonnes over 30 years) were accounted for. A fuller evaluation including biodiversity values would have tilted the conclusions more firmly in the direction of continued conservation rather than road development.
TitelThe Economics of Ecosystems and Biodiversity : An Interim Report
RedaktørerPavan Sukhdev
ForlagPublications Office
ISBN (Elektronisk)13 978-92-79-08960-2
StatusUdgivet - 2008

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