Tropical Forests_and its importanceG.pptx

Tropical forest

1. “Ecosystem” term coined by Tansley during1935. “An ecosystem is a dynamic functional unit consisting of all plants and animals (biodiversity) in an area, together with the nonliving, physical components of the environment (water, soil and air) with which they interact.”  Climate Producers (Plants)  Ecosystem  Sun   Consumers (Animals)   Reducers (Microbes)  Soil Chemicals   Pathway for energy flow Pathway for matter trans flow

2. ECOSYSTEM SERVICES “ Ecosystem services are the benefits provided to human beings through the transformation of resources (or environmental assets, including land, water vegetation and atmosphere) into a flow of essential goods and services ” ( Constanza et al., 1997)”.

3. Losses of C Sinks Source: Pearson and Dawson, 2005

4. FOREST VALUATION Forest valuation “is the process of establishing, by conventional calculation, a single number expressed in currency that is surrogate for the market price expected on the sale of the subject asset” 4

5. Purpose of Forest Valuation-Specific Forestry valuation required for a number of purposes, sometimes with quite important differences , 1) Sale & purchase and due diligence. 2) Financial statement asset reporting. 3) Properly division and equity transfer. 4) Collateral 5) Taxation 6) Insurance or compensation. 7) Forest planning and Management. 8) Prospectus promotion 5