Abstract:
This study examines the socioeconomic factors that influence farmers’ willingness to accept monetary compensation to engage in tree planting and to evaluate realistic payment of incentives. Contingent Valuation method was employed to elicit bids levels of 200 farm households in Ghana. The empirical results of a Generalized Linear Model reveal that age of the household head, household size, education, perception to climate change, distance to the farmland, farm size, off farm work and quantity of maize sold annually significantly influenced households’ decision to accept compensation to engage in tree planting activities. These results have implications for forest management in developing countries
