The economic value of wild resources in Senegal
01 January 2006 | Downloads - publication
The contribution of wild plants and animals to human welfare is widely appreciated but not routinely measured. This report presents a summary of findings of recent research on the value of non-timber forest products, game, and freshwater fisheries in Senegal, West Africa.
The research is based on new data gathered from producers, traders, and consumers of wild plant and animal products. Annual value added from all non-timber wild plants, animals and freshwater fisheries in Senegal – currently excluded from the national accounts – is thus conservatively estimated at no less than FCFA 14 billion and possibly as much as 25 billion (US$ 19 to 35 million per annum). The results of the research demonstrate the economic significance of wild resources in Senegal. They also underscore the need to ensure the sustainable management of wild plants and animals for the benefit of those who depend upon them. As the government of Senegal pursues its long-term strategy for poverty reduction, it is essential that the full economic contribution of wild resources is taken into account.