Are smallholder forestry and financial services for smallholder forestry compatible? A case study with a high-value tropical forestry species

Liz Ota; Tony Page; John Herbohn; Rexon Vira; Toufau Kalsakau

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Are smallholder forestry and financial services for smallholder forestry compatible? A case study with a high-value tropical forestry species

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Are smallholder forestry and financial services for smallholder forestry compatible? A case study with a high-value tropical forestry species

Liz Ota, Tony Page, John Herbohn, Rexon Vira and Toufau Kalsakau

ACIAR Proceedings 150, pp.148-159

Sandalwood Regional Forum, 2019 (Port Vila, Vanuatu, 11-Nov-2019–13-Nov-2019)

ACIAR Proceedings Series, 150, Australian Centre for International Agricultural Research

2021

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https://www.aciar.gov.au/sites/default/files/2022-01/ACIAR-PR150.pdfView

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Abstract

The cultivation of forest products can improve the standards of living of the community by providing alternative livelihoods while reducing the pressure on scarce natural resources. Using Vanuatu sandalwood as a case study, the paper evaluates the financial performance and risk of high-value tropical forestry products and the suitability of existing lending opportunities to such an activity. Results show that smallholder forestry can be a profitable investment. Discount rates must be low enough to maintain the financial profitability, magnitude of loans must match initial investment, loan term must consider the long-term feature of forestry and the requirements for loans must be consistent with what smallholders can meet.

Details

Title: Are smallholder forestry and financial services for smallholder forestry compatible? A case study with a high-value tropical forestry species
Authors: Liz Ota (Author) - University of the Sunshine Coast, Queensland, Tropical Forests and People Research Centre
Tony Page (Author) - University of the Sunshine Coast, Queensland, Forest Industries Research Centre
John Herbohn (Author) - University of the Sunshine Coast, Queensland, Forest Industries Research Centre
Rexon Vira (Author)
Toufau Kalsakau (Author)
Publication details: ACIAR Proceedings 150, pp.148-159
Conference details: Sandalwood Regional Forum, 2019 (Port Vila, Vanuatu, 11-Nov-2019–13-Nov-2019)
Series: ACIAR Proceedings Series; 150
Publisher: Australian Centre for International Agricultural Research
Date published: 2021
ISSN: 1447-0837
Organisation Unit: Australian Centre for Pacific Islands Research; Tropical Forests and People Research Centre; Forest Industries Research Centre; Forest Research Institute; Sustainability Research Cluster
Language: English
Record Identifier: 99659697202621
Output Type: Conference paper

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