Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability … determine the price of extraction rights. However, a number of factors-including a lack of information on the forest resources …-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector …

This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal … instruments neither reinforce nor substitute for traditional regulatory approaches. Far from encouraging more sustainable forest … root of the Faustmann solution to draw conclusions on the incentives for sustainable tropical forest exploitation. The …