Factors Affecting Participating Farmers’ Willingness-to-pay for the Tree Farming Fund: A Study in a Participatory Forest in Bangladesh

This paper examined the factors that might influence participating farmers' willingness-to-pay for the Tree Farming Fund (TFF) established for sustainable development of participatory forest management (PFM). Information on willingness-to-pay, socioeconomic characteristics, and attitudes of participating farmers toward TFF were obtained from interviews with 581 participating farmers. Logistic regression analysis was used to determine the dominant factors that might influence participating farmers' willingness-to-pay for the TFF. The results showed that participating farmers' willingness-to-pay was significantly affected by (i) family income; (ii) education level; (iii) confidence that his aspired benefits will be received; (iv) agreement with the statement that 'PFM is sustainable under the present state of management'; (v) agreement with the statement that 'PFM is a good strategy for forest conservation';…