Sustainable Forestry

Economics and Renewable Resources in Forestry

Submission deadline: 2023-08-10
Special Issue Editors

Special Issue Information

Dear Colleagues,

 

There is growing interest on the topic of “economics of renewable resources” in forestry.While forests offer renewable resources capable of providing major and minor forest products and thus contribute substantially to economic development, the valuation of this contribution still remains a topical issue.  From an economic perspective, the value of forestry products and services, and the incentives that rural communities and farmers derive as well as the breadth to protect the forestry, all have to be informed by the value of the resurces. For most agrarian rural communities, the value attached to the trade off between sustainable forestry management that would ensure rapid renewal of resources, and agricultural production forms the centre stage of their decision making. The effectiveness of policies and outreach efforts that are most effective in encouraging farmers to protect the forest in this forest-farm intertwined interface is also informed directly or otherwise by the value attached to the resources. The multi-functional role that forests have in delivering not only economic benefits to communities but also environmental, social and cultural benefits calls for more robust valuation techniques that would give precise estimates. The goal of this special issue is the valuation of public goods that the forest delivers such as climate change adaptation and mitigation, water quality, recreation, biodiversity conservation, and other ecosystem services. Putting a monetary value on these public goods using both monetary and non-monetary approaches will help provide a clear picture of the economic contribution of forestry resources.

 

Prof. Elias Kuntashula

Guest Editor


Planned Papers

Keywords

Climate Change Adaptation and Mitigation; Water Quality; Recreation; Biodiversity Conservation Valuation; Monetary and Non-monetary Approaches

Published Paper