Natural Capital
by Ruth, 23 November, 2018, 0 comments
We are seeing increasing interest in the forestry industry in ‘Natural Capital’ – defined in simple terms as the wide range of benefits derived from nature.
What is it?
‘Natural Capital’ refers to the value forestry and woodlands offer above and beyond commercial timber value. This includes the benefits and services that a woodland may offer such as cleaner air, flood defence, climate regulation, pollination or recreation and health benefits. This is not a new concept to owners of small woods who have long considered the value of their woodlands to be so much more than value of the trees themselves. Read more...