Ecosystem services such as clean water from forests are free, but now their value is being recognized. Entrepreneurs are developing markets for these services and providing incentives for conservation.
Markets for ecosystem services such as water filtration, erosion control, and pollination benefit the providers and enhance environmental assets.
In this policy series, Alison Berry continues her work on the quality of forests that result under different management schemes. She contrasts side-by-side forests in Montana. One is operated by the United States Forest Service under the watchful eye of Congress. The other is run by Indian tribes...
The forests of North America represent enormous natural bounty. Yet, in the United States at least, the benefits of this wealth of nature are not being fully realized. Taxpayers lose money on their public forests, and the forests face severe ecological threats.
Last year, I began investigating forestry outside the United States, seeking innovations. I found strikingly different approaches just north of the border, in Canada.
Although the forests of British Columbia, Canada, are 96 percent government-owned, the management of the forests is far more market-driven than in the U.S. Forest Service, according to a new report by PERC, the Property and Environment Research Center.