Sustainable Asset Valuation (SAVi) of Forest Restoration in the Brantas River Basin, Indonesia
An example of how forest restoration is used to address land degradation and water availability
A SAVi valuation of a forest restoration project in Indonesia shows that reforestation has positive net benefits for society that far exceed the costs when externalities are considered.
Land restoration and improved water management contribute to climate resilience and increased adaptive capacity for upstream agricultural communities and downstream industrial activity. Reforestation is cheaper than constructing a reservoir with the same water retention capacity.
Carbon payments in Indonesia may play a critical role in stimulating investments in nature-based infrastructure, which creates various other benefits, including avoided costs from climate and weather-related events. These avoided costs are not monetized for investors but generate considerable benefits for society.
This Sustainable Asset Valuation (SAVi) assessment shows that the nature-based infrastructure solution of land restoration is more cost effective than building a reservoir for water storage and also provides significant societal benefits. Specifically, over 20 years, these interventions generate net benefits of between USD 104.34 million and USD 131.59 million in avoided flood and erosion damages along with improved water quality, carbon storage, job creation, agroforestry, and bamboo production.
You might also be interested in
Sustainable Asset Valuation of Land Restoration in Sodo District, Southern Ethiopia
This report presents a SAVi assessment that quantifies the social, economic, and environmental outcomes of assisted natural regeneration in Ethiopia.
Sustainable Asset Valuation (SAVi) of Tree Planting in Addis Ababa, Ethiopia
This report presents the results of a Sustainable Asset Valuation (SAVi) assessment for tree planting in Addis Ababa, Ethiopia.
Bangladesh's water crisis and the problem of a 'green' solution
As the world scrambles to address climate change and build resilience to prepare communities for its destructive impacts, nature-based solutions are being presented as a panacea. These projects, which leverage nature and natural processes to help alleviate the effects of climate change and harmful human activity, are increasing in number and scale.
COMMENTARY: Can we afford to continue removing wetlands from New Brunswick?
Industrial parks and wetlands; can we have both? Moncton Industrial Development Ltd. filed an environmental impact assessment in December to build an industrial park covering about 259 acres between Berry Mills Road and the CN rail yard. The site is currently a primarily tree-covered lot which includes wetlands and watercourses.