Main Article Content
The use of CVM is canvassed for, because of its highly flexible framework for the valuation of virtually all social and environmental benefits. It can also be easily adapted in developing and less developed countries, where inadequacy of data on socio-ecnomic and environmental characteristics make the use of most other valuation techniques problematic. Keen interest in monetization of forest's non-market benefits, will ensure holistic approach to conservation of our natural environmental resources.
[JEXT Vol.2(1) 2001: 117-125]