9 research outputs found

    Reversion of disused fishpond lease agreement areas to mangrove forests in Region VI, Philippines

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    This paper focuses on evaluating the reversion to mangrove forests of disused Fishpond Lease Agreement (FLA) areas in Region VI (Western Visayas), Philippines. FLAs found suitable for reforestation were subjected to a cost-benefit analysis, with potential policy options for financing the reforestation. The benefits of reforesting disused FLA areas far outweigh the cost of doing so. Options where the responsibility for paying for reforestation rests on lessees (performance bond, green tax/fine, fees reflective of economic rent, and beneficial use tax) will generate high amounts of funds. The study recommends an inventory and suitability assessments of all FLA areas
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