Conference paper
Are smallholder forestry and financial services for smallholder forestry compatible? A case study with a high-value tropical forestry species
ACIAR Proceedings 150, pp.148-159
Sandalwood Regional Forum (Port Vila, Vanuatu, 11-Nov-2019 - 13-Nov-2019)
ACIAR Proceedings Series, 150, Australian Centre for International Agricultural Research
2021
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 & People Research CentreTony Page (Author) - University of the Sunshine Coast, Queensland, Forest Industries Research CentreJohn Herbohn (Author) - University of the Sunshine Coast, Queensland, Forest Industries Research CentreRexon Vira (Author)Toufau Kalsakau (Author)
- Publication details
- ACIAR Proceedings 150, pp.148-159
- Conference details
- Sandalwood Regional Forum (Port Vila, Vanuatu, 11-Nov-2019 - 13-Nov-2019)
- Series
- ACIAR Proceedings Series; 150
- Publisher
- Australian Centre for International Agricultural Research
- ISSN
- 1447-0837
- ISBN
- 9781922635754
- Organisation Unit
- Forest Research Institute; Australian Centre for Pacific Islands Research; Forest Industries Research Centre; Tropical Forests & People Research Centre; University of the Sunshine Coast, Queensland; Sustainability Research Centre
- Language
- English
- Record Identifier
- 99659697202621
- Output Type
- Conference paper
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