Valuation is the process of determining the fair present value of any asset. Forest valuation means placing a value on forest products. Economic valuation is an important way of assigning quantitative values to the goods and services provided by forests.…
Forest management is the practical application of the scientific, technical, and economic principles of forestry. Also Read: Forest Management and Its Objectives Forest management alternatives. There is seldom a single objective of forest management. Owners usually have multiple objectives and…
Tenure means “to hold a tenant”. Land tenure is the relationship that people and groups have with respect to land and resource-based assets including trees, minerals, pastures, and water. The land tenure system specifies how land rights are distributed, transferred,…
“Scientific Forest Management is an application of appropriate silviculture system and Sustainable forest management principles through the design of systematic compartments of fixed rotation age.” Learning from previous experiences, the government has piloted the practice of scientific forest management(SFM) in…
Forest management is the practical application of the scientific, technical, and economic principles of forestry. It in a broad sense integrates all the biological, social, economic, and other factors that affect management decisions about forests. It has primarily dealt with…
The concept of SFM is introduced as a broad conceptual instrument to assess solutions to forest loss and degradation. Sustainable development concept was first Elaborated by – World Commission on Environment and Development – 1987) and Endorsed by – United…
Brundtland Report1 (Our Common Future) -” Sustainability is the development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs” Sustainability is a long-term goal while sustainable development is the…