Total economic value, ecosystem services and the role of public policy instruments in the creation and destruction of forest values

Established frameworks such as the Millennium Ecosystem Assessment (MEA) and the Total Economic Value (TEV) recognize how forest ecosystems have extrinsic and intrinsic value to society. We critically discuss the appropriateness of attempting to adapt a service-dominant logic (S-D logic) framework to meet the unique characteristics of forest ecosystems by incorporating elements from the MEA and TEV. This chapter enriches the current discussion related to S-D logic and forests by including inherent values in-neglect, no-use and no-trade. These categories highlight how the value of forests can be created or destroyed when forest owners neglect values to their wellbeing or when absence of transactions fail to clearly define beneficiaries. Within an overview of Services in Family Forestry we argue and illustrate how the process of participation in public policy programs can influence individual and collective value co-creation and co-destruction. Moreover, institutions can play a critical role in the value creation process as brokers between beneficiaries

Modeling the impacts of wood pellet demand on forest dynamics in southeastern United States

The export of wood pellets from the southeastern United States (USA) has grown significantly in recent years, following rising demand from Europe. Increased wood pellet demand could lead to spatially variable changes in timberland management and area in the USA. This study presents an assessment of the impacts of increasing wood pellet demand (an additional 11.6 Mt by 2030) on land-use dynamics, taking into account developments in other wood product markets as well as expected changes in other land uses. An economic model for the forest sector of the southeastern USA (SRTS) was linked to a land-use change model (PLUC) to identify potential locations of land-use change following scenarios of demand for pellets and other wood products. Projections show that in the absence of additional demand for wood pellets, natural timberland area is projected to decline by 450–15 000 km2 by 2030, mainly through urbanization and pine plantation establishment. Under the high wood pellet demand scenario, more (2000–7500 km2) natural timberland area is retained and more (8000–20 000 km2) pine plantation is established. Shifts from natural timberland to pine plantation occur predominantly in the Atlantic coastal region. Future work will assess the impact of projected transitions in natural timberland and pine plantations on biodiversity and carbon storage. This modeling framework can be applied for multiple scenarios and land-use projections to identify locations of timberland area changes for the whole southeastern USA, thereby informing the debate about potential impacts of wood pellet demand on land-use dynamics and environmental services