Natural Capital: Using Ecosystem Service Valuation and Market-Based Instruments as Tools for Sustainable Forest Management
A State of Knowledge Report, Sustainable Forest Management Network, 2010
80 Pages Posted: 26 Apr 2014
Date Written: July 1, 2010
A synthesis of current approaches to managing the non-timber values linked to forest ecosystems is key to understanding questions related to ecosystem services. Issues of note include: examining whether valuing ecosystem services, and creating new markets for them can lead to forest management. The analysis of market-based approaches to conservation, and in depth coverage of two market-based instruments are critical in the realm of disturbance permits and forest carbon tendering. Furthermore, the recommendations of The National Round Table on the Environment and the Economy (NRTEE 2005) are upheld in the analysis.
Keywords: environmental practices, ecosystem services, ecotourism, forest carbon tendering, forest ecosystems, forest management, renewable tradable disturbance permits
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