Forests are an important part of our planet. Forests provide us goods like timber, food, animals as food, medicine as well as ecological services such as watershed for water storage, erosion prevention, and removal of carbon dioxide in the atmosphere.
But do people really understand fully well how valuable the forests are? Chances are that many people do not fully understand how much this resource is really worth. This is the reason why people tend to disregard the forests and favor its conversion into something else that they think will benefit them. The benefit that people may have gained from converting forests into subdivisions, stripping it to extract the minerals, cutting down the trees in favor of golf courses or airports, among others appear to be greater than keeping the forests intact.
In reality, destroying the forest for other uses may be a great blunder for many planners and decision makers. The costs and benefits of forest conversion may not have been fully studied and accounted for. How then should forest value be determined? There is a way to do it. The article "How to Determine Forest Value" explains how. Forests are worth trillions of dollars and even more. Read and find out how forests could be worth this high.
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