Explores the broader economic, political and environmental context in which management of tropical forests needs to operateParticular focus on management structures and techniques to achieve sustainable forest management (SFM) on the groundIncludes case studies of practical experience of managing tropical forests in South America, West Africa and Southeast Asia

This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculat...