FINANCIAL ANALYSIS OF SMALL-SCALE FORESTS IN THE AMU DARYA LOWLANDS OF RURAL UZBEKISTAN

摘要: ABSTRACT The establishment of forests on small-scale marginal lands in the Amu Darya Lowlands Uzbekistan is an alternative use land abandoned from cropping. Over four consecutive years biomass data were collected Elaeagnus angustifolia, Ulmus pumila, and Populus euphratica plantings complemented with mature trees (15–20 years) growing naturally land. These formed basis for elaborating 20-year growth functions these species. potential capital investment was assessed by considering annual fuelwood, fodder fruit production, plus stumpage value after 20 years. benefit to cost ratio (BCR) Net Present Value (NPV) compared at 10%, 16% 24% discount rates. At a rate (base case), NPV E. angustifolia greatest (13,924 US$ ha−1)1, followed P. euphratica(4,096 ha−1), U. pumila (1,717 ha1) showing BCR 7.8, 2.2 1.8, respectively. suggest that afforestation prom...