GC004-0004
Ecosystem services of forest restoration in the Western U.S.: a synthesis of benefits to enable financing
Abstract:
In this research, we propose a framework for understanding the multiple benefits of forest restoration that can be used to engage non-traditional payors, going beyond traditional ecosystem services valuation studies. We identify and classify restoration outcomes as: (1) benefits of the work itself, like job creation and timber products production or (2) secondary outcomes linked to reduced wildfire risk, like decreased risk of smoke-related public health impacts and protected water quality. We examine the benefit-enabling conditions and identify potential beneficiaries including local governments, water and electric utilities, transportation networks, recreation groups, and biomass generation facilities.
Motivating multi-sectoral, multi-stakeholder support for projects requires defining metrics of success that decision makers accept and trust, and we document emerging themes in data collection tools and methodologies. We also collate quantified environmental, social, and economic values that can motivate multi-stakeholder support for projects. Together, the outcomes of this research can inform future forest management and engage a broader set of beneficiaries, with the goal of collaboratively accelerating the pace and scale of forest management in the Western U.S.