Basic Concepts in Forest Valuation and Investment Analysis
Author: Steven Henry Bullard
Publisher:
Published: 2011
Total Pages:
ISBN-13: 9780964129122
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Author: Steven Henry Bullard
Publisher:
Published: 2011
Total Pages:
ISBN-13: 9780964129122
DOWNLOAD EBOOKAuthor: W David Klemperer
Publisher: Stephen F. Austin University Press
Published: 2021-09
Total Pages: 608
ISBN-13: 9781622884117
DOWNLOAD EBOOKForest Resource Economics and Finance is intended for undergraduate forestry students, but practicing foresters and policy analysts will also find it a useful reference. The text emphasizes economics as a way of thinking in which we compare added costs and benefits of actions in order to maximize net benefits. With the basics of capital theory, readers learn how to evaluate forestry investments in a way that embraces important environmental factors. Another key feature is a focus on analyzing current conflicts and tradeoffs that will continue to be prominent forestry issues in the 21st century: free market policies versus different levels of government intervention, economic development versus environmental conservation, private property rights versus public amenity rights, and timber versus non-timber outputs. This text also addresses additional topics not often found in other forest economic books including: economics of non-clearcutting management systems, economics of forest damage, risk analysis, inflation, environmental economics, capital budgeting, and regional economics. Add to this a micro-economics review, multiple-use and non-market good analysis, optimal capital management, benefit/cost analysis, timber supply and demand issues, appraisal and valuation, forest industry economics, and world forestry issues, and you have the most comprehensive forest economics text on the market. In addition to new and updated figures throughout the text, this newly-revised second edition provides an overview of important trends in the modern timber industry including advancements in engineered wood, international trade, global environmental issues, as well as community forestry and agroforestry.
Author: Tuukka Castren
Publisher:
Published: 2014-08-20
Total Pages: 133
ISBN-13: 9780991040711
DOWNLOAD EBOOKHow to finance sustainable forest management (SFM) has been a question of perennial interest and concern for the forestry community. It has been estimated that the required funding for SFM is in the order of US$70-160 billion per year globally. At present, official development assistance disbursements to forestry cover about 1 percent of the estimated total financing needs for SFM, and other available public sector financing sources barely double that amount. To scale up SFM, to create value-added economic growth and employment and protect forests from competing unsustainable land uses, domestic and foreign private financing and investments need to increase significantly.Despite the importance of the private sector, information on private forest financing is scarce and inadequate at all levels. Studies related to finance flows in the private sector have begun to emerge in recent years, and data of varying quality--especially on international private investments in wood processing--have become available in selected public statistics. However, there is no coordinated and systematic effort to collect and synthesize information on private investment flows in the forest sector. Also, none of the ad hoc studies have tried to provide a comprehensive, global picture of these flows. The objective of the study is to provide updated, comprehensive information to inform global dialogue on the role of private financing for SFM, including forest plantation development, and to the production of forest products. This report (i) reviews what private forest sector financing data are available, (ii) provides a snapshot of different financing flows in the forest sector, (iii) improves our understanding of challenges related to forest financing, and (iv) presents a roadmap for better information and improved access to finance. The scope of the report is forestry and forest industry investments in developing and emerging countries, with more focus on foreign direct investment than on domestic investments, mainly due to data constraints. The target audience includes the national governments in developing countries, donor agencies, international finance institutions with particular reference to the World Bank Group, other stakeholders of the United Nations Forum on Forests, and other forest finance practitioners.
Author: Story Clark
Publisher: Island Press
Published: 2012-09-26
Total Pages: 409
ISBN-13: 1597267589
DOWNLOAD EBOOKFinally, a comprehensive book on land conservation financing for community and regional conservation leaders. A Field Guide to Conservation Finance provides essential advice on how to tackle the universal obstacle to protecting private land in America: lack of money. Story Clark dispels the myths that conservationists can access only private funds controlled by individuals or that only large conservation organizations have clout with big capital markets. She shows how small land conservation organizations can achieve conservation goals using both traditional and cutting-edge financial strategies. Clark outlines essential tools for raising money, borrowing money, and reducing the cost of transactions. She covers a range of subjects including transfer fees, voluntary surcharges, seller financing, revolving funds, and Project Related Investment programs (PRIs). A clear, well-written overview of the basics of conservation finance with useful insights and real stories combine to create a book that is an invaluable and accessible guide for land trusts seeking to protect more land.
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Published: 2018-12-14
Total Pages: 97
ISBN-13: 9251311323
DOWNLOAD EBOOKForest landscapes are inhabited by approximately 1.5 billion people. The aggregate gross annual value of these smallholder producers approaches US$1.3 trillion. Adding value to that production, through financial investment, will be key to delivering the Sustainable Development Goals (SDGs). Therefore, access to finance is an important issue. The Forest and Farm Facility (FFF) commissioned this scoping paper to assess what might be done to improve access to finance. Organisation of forest and farm producers allows finance to be channelled toward valueadded investments. But the motivation to form forest and farm producer organisations (FFPOs) varies with context, from the desire to secure resource rights for Indigenous peoples in the forest core, to the desire to strengthen economic scale efficiencies in periurban forest product processing industries. The scale and type of finance needs vary and span enabling investments (grants or concessional loans)through to asset investments (market-rate capital that requires a return). Access to finance for FFPOs requires tailored approaches. For FFPOs, enabling investments in four key areas are needed to create the conditions and necessary track record to attract asset investment: (i) secure commercial rights; (ii) strong organisation for scale; (iii) appropriate technical extension; and (iv) fair market access and business incubation. Enabling investments of this sort make FFPO businesses bankable and affords them access to finance.
Author: Ronnie de Camino
Publisher: Inter-American Development Bank
Published: 2000-01-01
Total Pages: 293
ISBN-13: 1886938342
DOWNLOAD EBOOK"Forest Resource Policy in Latin America" gathers the thinking of a score of experts on sustainable use and management of forests, including incentives for investment. The authors tackle the thorny social issues of property rights, deforestation, and forest management and ownership by indigenous people and take a hard look at the trade and environmental issues in forest production that will affect future directions for sustainable forestry development in Latin America. Some argue that the main opportunity to conserve natural forests lies in recognizing and paying for the environmental services they provide. In addition, compensatory measures such as the establishment and better management of strictly protected areas appear to be the best tools to delay the loss of ecosystems and species. Alternative forest concession policies and trade and environmental issues in forest production are also analyzed.
Author: Promode Kant
Publisher:
Published: 2013
Total Pages: 176
ISBN-13:
DOWNLOAD EBOOKAuthor: Machteld Spek
Publisher: CIFOR
Published: 2005-01-01
Total Pages: 104
ISBN-13: 9792446125
DOWNLOAD EBOOKThis study analyses the risk assessment and socio-environmental safeguard procedures associated with the financing of pulp mill projects. The type and cost of the fibre source is clearly key to the economic competitiveness of any pulp mill. Nevertheless, investment institutions often carry out only limited assessment of the fibre source of the proposed mill. Although a growing number of financial institutions have adopted policies to employ social and environmental safeguard screening for investments in developing countries and transitioning economies, the scope of such screenings is in fact quite limited and they are often implemented ineffectively. [Provided by publisher]
Author: F. Christian Zinkhan
Publisher: Timber Press (OR)
Published: 1992
Total Pages: 216
ISBN-13:
DOWNLOAD EBOOKCommon stock. Corporate bonds. Stock mutual funds. Call and put options. Commercial and residential real estate. Municipal bonds. These and others are the alternatives many individual and institutional investors consider when constructing their investment portfolios. This is the first book to investigate how another investment alternative--timberland--can fit into the portfolios of individuals and such institutions as pension funds. Timberland supplies the basic raw material for a critical global industry--forest products. Timber can be managed economically as a renewable crop on hundreds of millions of acres in the United States. Given the forces supporting conservation of forests in their natural state on many public and some private lands in the Unites States and other nations, there is increasing pressure on the remaining privately owned forests to supply the needed timber output. This represents an opportunity for patient, long-term investors. Using insights and graphic examples supplied by experienced institutional investors, professional foresters, forestry and financial researchers, and others, the authors address such questions as the following: How do timberland's investment characteristics compare to those associated with other portfolio alternatives? In addition to direct investments in forests, in what other ways can investors participate in the timberland market? Can the addition of timberland to some investors' diversified portfolios improve overall performance? What personal financial planning goals can be served by timberland? What acquisition, forest management, and sale strategies can be adopted by individual and institutional investors so that objectives are better achieved? In the course of addressing such questions, the authors attempt to bridge the communications gap between the investment and forestry communities. The authors provide valuable perspectives not only for individual and institutional investors, but also for personal financial advisors; forestry practitioners, policymakers and researchers; and students of forestry, real estate, and investments.
Author: Bruce Usher
Publisher: Columbia University Press
Published: 2022-09-28
Total Pages: 399
ISBN-13: 023155382X
DOWNLOAD EBOOKA climate catastrophe can be avoided, but only with a rapid and sustained investment in companies and projects that reduce greenhouse gas emissions. To the surprise of many, this has already begun. Investors are abandoning fossil-fuel companies and other polluting industries and financing businesses offering climate solutions. Rising risks, evolving social norms, government policies, and technological innovation are all accelerating this movement of capital. Bruce Usher offers an indispensable guide to the risks and opportunities for investors as the world faces climate change. He explores the role that investment plays in reducing emissions to net zero by 2050, detailing how to finance the winners and avoid the losers in a transforming global economy. Usher argues that careful examination of climate solutions will offer investors a new and necessary lens on the future for their own financial benefit and for the greater good. Companies that reduce greenhouse gas emissions will create great wealth, and, more importantly, they will provide a lifeline for humanity. Grounded in academic and industry research, Usher’s insights bring clarity to a complex and controversial topic while illuminating the people behind the numbers. This book sets out a practical and actionable plan for investors that will alter the course of climate change.