Human-elephant Conflict (HEC) is a significant problem in Nepal, with approximately two-thirds of households being impacted by elephants (Elephas maximus), particularly during the winter. In addition to elephant casualties, more than 10% of the households surveyed have had human casualties (injury or death) during the past 5 years. This study evaluates the economic viability of elephant conservation in Nepal within the context of current and proposed HEC mitigation scenarios.