Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (2.94Mb PDF) Markets for ecosytem services encompass 1) carbon credits; 2) conservation easements; 3) mitigation banking; and 4) recreational leasing. As demographics and public policy continue to shift, timberland bundle of rights which include these option values are growing in importance. In “Making Trees Greener: Opportunities [...]
Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (324Kb PDF) Institutional investors and even some managers will try to link biological characteristics of timber to fundamental investment characteristics such as risk, return, and investment term. How appropriate are these linkages though? Does investing in more mature timber actually lower the risk of timberland investing? [...]
The emergence of markets for ecosystem services is changing the timberland investment landscape – providing new and expanded opportunities to monetize the value of commercial forests.
