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This case study of Guyana aims to demonstrate a method of assessing the use-value of non-timber forest products (NTFPs), using an income accounting framework, in order to demonstrate an extra dimension to forest valuation that is often ignored.
Methodologies currently used for environmental valuation in developing countries often fail to take account of the full spectrum of forest products and services, since many of these have traditionally been ignored as being insignificant or non-marketed. Resource auditing procedures, which may be useful in other circumstances, fail in this case because of problems such as the lack of clearly defined markets, uncertainty regarding both current and future demand and supply of forest products, and the lack of detailed information about how these resources are used.