Environmental Accounting as a Means of Promoting Sustainable Forestry Operations in Osun State, Nigeria.

摘要

Extraction of natural resource is a means of generating revenue outside of Federal Allocations to Osun State. One key area of generating such revenue is through forestry resources. Its indiscriminate extraction could lead to depletion and this may prejudice future generations’ access to the resource. This study examines the trend of timber extraction vis-à-vis tree planting to establish the relationship between both phenomena. Results show that while tree planting is declining, tree felling is on the rise with its impacts on earning potentials as well as intergenerational equity. Remediation costs to facilitate livelihoods of local communities and promote sustainability has not been adequate. It was concluded that current practices are not sustainable. Key Words: Environmental Accounting, Sustainable Development, Forestry Operations