Forest Management Regulation And Valuation

Foundations of forest management. Organization of the forest. Forest valuation.

Part 1: The foundations of forest management- Chapter 1) Preliminary matters relating to the regulation of the yield; Chapter 2) Relations between the growing stock, Increment and yield; Chapter 3) Silvicultural systems in relations to yield regulation; Chapter 4) Yield regulation in regular forests; Part 2- Preparation and control of a working plan Chapter 1) Preliminary matters; Chapter 2) Field work Chapter; 3) The working plan report; Chapter 4) The control of the working plan Part III: Chapter 1) Introduction; Chapter 2) A summary of the problem dealt with under forest finance; Chapter 3) Compound interest formulae; Chapter 4) Solution of the problems relating to the valuation and productivity of forest capital; Chapter 5) Choice between Agriculture and forestry; Chapter 6) General conclusions on the application of financial tests to forest management

Fundamental changes have occurred in all aspects of forestry over the last 50 years, including the underlying science, societal expectations of forests and their management, and the evolution of a globalized economy. This textbook is an effort to comprehensively integrate this new knowledge of forest ecosystems and human concerns and needs into a management philosophy that is applicable to the vast majority of global forest lands. Ecological forest management (EFM) is focused on policies and practices that maintain the integrity of forest ecosystems while achieving environmental, economic, and cultural goals of human societies. EFM uses natural ecological models as its basis contrasting it with modern production forestry, which is based on agronomic models and constrained by required return-on-investment. Sections of the book consider: 1) Basic concepts related to forest ecosystems and silviculture based on natural models; 2) Social and political foundations of forestry, including law, economics, and social acceptability; 3) Important current topics including wildfire, biological diversity, and climate change; and 4) Forest planning in an uncertain world from small privately-owned lands to large public ownerships. The book concludes with an overview of how EFM can contribute to resolving major 21st century issues in forestry, including sustaining forest dependent societies.

Although the majority of the world’s forest ecosystems are dominated by uneven-sized multi-species stands, forest management practice and theory has focused on the development of plantation monocultures to maximize the supply of timber at low cost. Societal expectations are changing, however, and uneven-aged multi-species ecosystems, selectively managed as Continuous Cover Forestry (CCF), are often believed to be superior to monocultures in addressing a wide range of expectations. This book presents methods which are relevant to CCF management and planning: analysing forest structures, silvicultural and planning, economic evaluation, based on examples in Europe, Asia, Africa and North and South America.