Global interest in forest conservation, biodiversity preservation, and non-timber values has risen while pressures on the forest as a source of income and employment have also increased. These demands are often conflicting, making forest planning, allocation and policy formation very complex. This volume explores theoretical and applied issues surrounding forest resource allocation. The book is divided into three main subject areas: 1) tropical forests-environment, economics and trade, 2) non-timber valuation-theory and application, and 3) ecosystem management. The first of these focuses on tropical forests, reflecting the fact that global environmental concerns surrounding these regions are often in conflict with local economic objectives. The second section examines non-timber values, which are important in planning and policy decisions, but are also very controversial. The third group of chapters consider ecosystem management, a concept that promotes the use of forest harvesting practices that mimic natural disturbance patterns. Overall, the book will be of interest to readers in forestry and environmental economics.

World Bank Technical Paper No. 281. Provides an overview of environmentally related priority issues in Asian forestry and contributes to the critical work of understanding the complex dynamics of those issues.

- Each chapter introduces one or more key concepts in managerial economics and then illustrates the importance of those ideas by showing how they can be applied when making business decisions. - The inclusion of numerous case studies throughout the book enables students to see how forestry and natural resource management works in practice. - A new chapter on developing and writing business plans highlights a managerial tool and allows students to put the ideas developed throughout the book into practice.

It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped into six parts: fundamental topics in forest resource economics; economics of forest ecosystems; economics of forests, climate change, and bioenergy; economics of risk, uncertainty, and natural disturbances; economics of forest property rights and certification; and emerging issues and developments. Written by leading environmental, forest, and natural resource economists, the book represents a definitive reference volume for students of economics, environment, forestry and natural resource economics and management.

Climate change is one of the major global environmental problems, one that has the potential to confront us with great costs during the decades to come. Climate change is caused by emissions of greenhouse gases (GHGs) such as carbon dioxide (CO). As z deforestation leads to CO emissions and growing forests sequester CO, forestry z z projects provide us with options to mitigate CO effects. This study analyses the z contribution Jorestry projects can make within the context of climate change. The contribution of forestry projects is here discussed on two levels. On a first level, the COz effect of individual projects is analysed. On a second level, the study asks whether the analysis of forestry projects can contribute to questions on climate change which have been discussed in the economic literature during the past two decades. While most studies on forestry projects focus on particular details, predominantly on technical issues, this study takes a rather broad perspective, drawing together different relevant aspects: the stability of international agreements is discussed, costs and benefIts of reducing GHG emissions in industrial countries are reviewed, the underlying causes of deforestation are analysed and insights from resource economics are taken into consideration. Such a wide perspectiveallows the identifIcation, discussion and appreciation of problems and opportunities associated with forestry projects in the context of climate change which are otherwise not recognised.

It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped into six parts: fundamental topics in forest resource economics; economics of forest ecosystems; economics of forests, climate change, and bioenergy; economics of risk, uncertainty, and natural disturbances; economics of forest property rights and certification; and emerging issues and developments. Written by leading environmental, forest, and natural resource economists, the book represents a definitive reference volume for students of economics, environment, forestry and natural resource economics and management.

The contributions for over 80 years by scientists at the Pacific Northwest Research Station to developments in economic theory, economic tools, policies, and economic issues are summarized. This is a story of progressive accomplishments set against a constantly changing background of economic and social events.