Validating Woodland Water Code (WWC) metrics and methodologies
Author(s): Gregory Valatin, Tom Nisbet, Romany Vassell, Robert Hattersley
Climate change
Robert joined Forest Research in January 2022 after finishing his MSc in Economics at the University of East Anglia (UEA) the previous year. For his thesis, he used the hedonic pricing method to estimate the value of river quality in Norfolk by combining housing and geographical data. He is interested in the linkages between the environment and economy, especially in a spatial context. He completed a PGDip in Ecology, also at UEA.
Robert’s work at Forest Research spans a range of topics, with previous work covering timber and nature markets, approaches to managing risk in woodlands, and emerging species. He is currently part of the Woodland Water Code team and supports the development of an economic model of the UK forest sector.
Previous projects have included applying financial risk management approaches to wooded landscapes as part of the Connected Treescapes project; producing hardwood price-size curves and helping to develop a cashflow model for woodland creation through the Economics of Woodland Creation project; and reviewing evidence on prices and elasticities for emerging species and different product categories.