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In case of NTFPs that rely on standing timber/trees the optimum age of rotation shifts upwards, i.e. the rotation age moves up. It can be illustrated with the help of following diagram. Here, we see that the original rotation age is estimated to be R1, but as we incorporate the value of NTFPs that rely on standing timber, the expected benefit ...
Economic flow-on effects such as employment and greater purchasing capacity: Reduced need for migration by young people and men to cities: Increased biodiversity, environmental restoration and tree cover Increased economic activity creates opportunities, e.g., development of new business models such as cooperatives
Certain tree species have cultural value to different groups of people, and different tree species provide a range of different aesthetic values. The tree species that urban foresters plant affect many cultural benefits provided by urban forestry, such as an increase in physical health, psychological health, social health, property values ...
Forest management is a branch of forestry concerned with overall administrative, legal, economic, ... the volume of trees in an area, and the value of the timber ...
Ecosystem valuation is an economic process which assigns a value (either monetary, biophysical, or other) to an ecosystem and/or its ecosystem services.By quantifying, for example, the human welfare benefits of a forest to reduce flooding and erosion while sequestering carbon, providing habitat for endangered species, and absorbing harmful chemicals, such monetization ideally provides a tool ...
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A strategy for enhancing natural forests' economic value is to increase their concentration of economically important, indigenous tree species by planting seeds or seedlings for future harvest, which can be accomplished with enrichment planting (EP). [87] [88]
Forestry is an important economic segment in ... and forestry supports more than a million jobs and about €181 billion of value to the ... Forests or tree ...