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In Institutions, Sustainability, and Natural Resources, Vol. 2 (2005), pp. 135-139, doi:10.1007/1-4020-3519-5_6 Key: citeulike:11227438
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Sustainable forest management is one of the most capital-intensive activities imaginable. Governments are unlikely to provide the capital needed to emend landscape degradation. On the other hand, private capital will flow into the sector to fund the necessary solutions, but only if investors are rewarded for the environmental services provided by healthy landscapes. Creating markets in environmental services is a necessary, but not sufficient, condition for sustainable forestry.
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