It is the action of recognizing and providing both qualitative and quantitative value to the multiple functions provided by forests to humans such as wood and non-wood products.
Lumber production is as important as conservation and regulation of: water cycles, plant and animal shelters, biodiversity, natural sceneries and recreational areas. Everything should focus on the harmony between nature and humans.
Tangible quantitative values
It measures and value as
Lumber in Logs
Cubic meters of lumber, logs, standing and piled
Growing trees
Value in US$ to replant or management
Animals living in the forests
Value of fauna living in the forests and benefits to the forests due to the existing fauna
Seeds and fruits
How much income due to selling forest seeds and fruits
... Selected seeds produce improved forests
Access roads constructed
Cost of investments, services and transportation
CO2 capture in wood
US$ per ton of seized carbon. Decrease of greenhouse effect by seizing of atmospheric carbon in wood.
Intangible qualitative values
How could they be measured or valued?
Water cycles regulation
Forests regularly absorb and release water
Flora and fauna can count with water and humidity
Biotic and soil processed are feasible
Humans-Forest relations
Mankind has used flora and fauna for thousands of years as shelters
Source of food and raw materials.
Recreation
Recreation is leisure and enjoyment
Natural Medicine
Forests are a source of natural products used in natural medicine. How much are they worth?