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Publication
In Brief: Timber prices and elasticities for emerging species and different product categories
Lead Author: Robert HattersleyOverview This In Brief summarises a report on future timber prices and price elasticities of demand for emerging species and different product categories. The report reviewed existing studies, focusing on those most relevant to UK timber markets. The emerging species considered are those tree species predicted to have a more...
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Timber prices and elasticities for emerging species and different product categories: An evidence review
Lead Author: Robert HattersleyThis report reviews existing studies estimating future timber prices and price elasticities of demand for emerging species and different product categories, focusing on studies most relevant to UK timber markets. The emerging species considered are those tree species predicted to have a more prominent role in UK forestry in the...
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Valuing the mental health benefits of woodlands
Lead Author: Vadim SaraevThis study is the first attempt to provide national estimates of the natural capital value of the mental health benefits provided by UK woodlands.
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Carbon storage and substitution benefits of harvested wood products
This Research Note considers the potential of extending coverage of the UK Woodland Carbon Code to the carbon benefits of wood products associated with woodland creation projects.
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How does a biodiversity value impact upon optimal rotation length? An investigation using species richness and forest stand age
Lead Author: Vadim SaraevA study integrating biodiversity data for British forests with economic modelling of optimal rotation length. Investigation revealed some evidence of relationships between overall species richness and stand age.
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Valuing flood regulation services of existing forest cover to inform natural capital accounts
Background Forests are recognised to reduce flood flows, although the issue is complex and continues to be explored. While the processes of how trees affect the generation and conveyance of flood waters are understood, there remains a lack of monitoring data to quantify effects at the catchment scale (click here...
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Comparing the cost-effectiveness of forestry options for climate change mitigation
This Research Note examines two recent studies which assessed the cost-effectiveness of forestry options for climate change mitigation across Great Britain.
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Timber, carbon and wind risk: towards an integrated model of optimal rotation length
Lead Author: Vadim SaraevModern forest management practice increasingly adopts an ecosystem services approach to account for the multiple benefits and objectives of forestry. It is also increasingly linked to climate change adaptation and mitigation strategies. In view of the priority given to these policy agendas, it is important that new models take an...
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Behavioural policy ‘nudges’ to encourage woodland creation for climate change mitigation
Lead Author: Darren MoseleyEvidence indicates that woodland creation is generally a cost-effective method of climate change mitigation, when compared with a range of alternatives. However, engaging landowners and land managers in woodland creation schemes can sometimes prove difficult, and this affects prospects for meeting national woodland planting targets and associated climate change mitigation...
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Insights from behavioural economics for ecosystem services valuation and sustainability
Lead Author: Darren MoseleyEcosystem services refer to the benefits or outputs that people derive from ecosystems. Following the publication of the UK National Ecosystem Assessment there has been a growing interest in assessing the flows of such services and valuing the contribution they make to human well-being. This Research Report draws upon recent...
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Marginal abatement cost curves for UK forestry
Lead Author: Gregory ValatinComparing the cost-effectiveness of different climate change mitigation measures is essential in minimising the cost of meeting national greenhouse gas reduction targets. The costs of different measures and their potential to reduce emissions or sequester greenhouse gases can be depicted using a Marginal Abatement Cost Curve. Previous studies have shown...
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Forests and carbon: a review of additionality
Lead Author: Gregory ValatinAdditionality is a core aspect of quality assurance of greenhouse gas emissions reduction and sequestration activities, being used in a climate change context to mean net abatement over and above that which would have arisen anyway in the absence of a given activity or project. The underlying rationale of is...