You asked: What ecological and economic values do forests provide?

What major ecological and economic benefits do forests provide?

Forests provide major ecological and economic services. Ecological services include: support energy flow and chemical cycling, reduce soil erosion, absorb and release water, purify water and air, influence local and regional climate, store atmospheric carbon, and provide numerous wildlife habitats.

What are the economic values of forests?

This paper reviews estimates of the economic value of forest ecosystem goods and services in the United States. Globally, Costanza et al. (1997b) estimated the total value of for- est ecosystem goods and services at $4.7 trillion annually and the total annual value of all temperate/boreal forests at $894 billion.

What are the ecological benefits of forest?

Healthy forest ecosystems produce and conserve soil and stabilize stream flows and water runoff—preventing land degradation and desertification, and reducing the risks of natural disasters such as droughts, floods, and landslides.

What do forests provide?

In addition to providing food, fuel and fiber, forests clean the air, filter water supplies, control floods and erosion, sustain biodiversity and genetic resources, and provide opportunities for recreation, education, and cultural enrichment.

What are the ecological services provided by forests?

The benefits provided by forest ecosystems include:

  • goods such as timber, food, fuel and bioproducts.
  • ecological functions such as carbon storage, nutrient cycling, water and air purification, and maintenance of wildlife habitat.
  • social and cultural benefits such as recreation, traditional resource uses and spirituality.
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Why are forests important to the economy?

Forests are recognized as an integral part of national economies, providing a wide range of production inputs, environmental goods, food, fuel, medicines, household equipment, building material and raw materials for industrial processing.

How do forests contribute to our economic development?

Forests play an important role in the economic development of a country. They provide several goods which serve as raw materials for many industries. Wood grown in forests serves as a source of energy for rural households. … Forests are valued as a place for outdoor recreation.

How do trees help the economy?

Trees provide numerous economic benefits. Trees can increase the economic revenue for retail shops, prevent unnecessary costs of road maintenance, and increase property values. … Higher property sales prices can boost city property tax revenues.

What is an ecological benefit?

EPA Definition. In the context of environmental policy and management, the term applies specifically to net improvements in social welfare that result from changes in the quantity or quality of ecosystem goods and services attributable to policy or environmental decisions.