This paper considers the problem of a water management authority faced with the threat of a drought that hits at an …-state equilibrium stock size of water under policy iii) is smaller than under policy ii) and, hence, a precautionary stock size should …

schemes to strengthen mitigation incentives for the transportation, industry, building, forestry, and agricultural sectors …

to contribute to this line of inquiry through the case study of the implementation of the 1994 water reform in Italy in …

This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the … Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry … taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The …

Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability …-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector …