The key points from this module are:
A forest can be defined as a large area covered mainly with trees and undergrowth.
Forest Management is the integration of silvicultural practices and business concepts in such a way as to best achieve the landowner's objectives.
Objectives of Forest Management may include:
Preservation of wildlife
Production of non-timber produce
Some types of forests include:
Tropical moist forest
Tropical dry forests
Montane temperate forests
The use-value of a forest is the value arising out of the use of the resources in the forest. It includes:
Direct value; which comprises of consumptive and nonconsumptive values such as timber, firewood, recreation and research.
Indirect value; which comprises of watershed benefits and ecosystem services such as soil conservation, agricultural productivity and nitrogen fixation.
Option value; which involves future direct and indirect use of biodiversity.
The non-use-value of a forest is the value that is obtained without using the resources in a forest. They include:
Existence value; which is the value derived from the knowledge that the resources of the forest continue to exist.
Altruistic value; which is the value derived from the knowledge of the use of resources by others in the current generation.
Bequest value; which is the value of leaving use and non-use values for offsprings or future generations.