Neiland and Béné ___________________________________________________________________________________ Review of River Fisheries Valuation in West and Central Africa by Arthur Neiland (1) & Christophe Béné (2) IDDRA (Institute for Sustainable Development & Aquatic Resources) Portsmouth Technopole Kingston Crescent Portsmouth PO2 Hants United Kingdom Tel: +44 2392 658232 E-mail:
[email protected] CEMARE (Centre for the Economics & Management of Aquatic Resources) University of Portsmouth Locksway Road Portsmouth PO4 8JF Hants United Kingdom Tel: +44 2392 844116 1 E-mail:
[email protected] 1 Dr Bene is now at the World Fish Center 1 Neiland and Béné ___________________________________________________________________________________ ABSTRACT This paper provides a review of the valuation of river fisheries in West and Central Africa. It is the general perception that compared to the biological and ecological aspects of river fisheries, this particular subject area has received comparatively little attention. Economic valuation is concerned with finding expression for what is important in life for human society. It should therefore be a central and integral part of government decision-making and policy. The paper starts with a review of concepts and methods for valuation. Three main types of valuation techniques are identified: conventional economic valuations, economic impact assessments and socio-economic investigations and livelihood analysis. On the basis of a literature review, valuation information was then synthesised for the major regional river basins and large lakes, and also used to develop a series of national fisheries profiles. To supplement this broad perspective, a series of case-studies are also presented, which focus in particular on the impact of changes in water management regime. Finally, the paper presents an assessment of the three main types of valuation methodology and a set of conclusions and recommendations for future valuation studies.