FORESTING
Research Institute
(FORE)
Unlocking the Value of Nature through PES & Holistic Foresty
PES refers to environmental policy measures for the conservation and enhancement of nature's blessings (ecosystem services), known as 'Payments for Ecosystem Services'. It can be defined as 'various innovative schemes where the beneficiaries or users of natural services pay or contribute funds to the managers or suppliers of those services', or 'business methods that create new income streams through investments in ecosystems'. Examples include public mechanisms like the forest environment tax, mandatory offset markets that are active in the United States, and voluntary payment systems (where urban residents who utilize downstream water pay for the management of upstream water sources).
The term "Holistic Forestry" refers not only to timber production but also to various businesses that utilize the blessings and products of forests, including the forest service industry (which involves recreational use of forest spaces) and environmental markets (such as carbon credits and biodiversity credits). Promoting a sustainable “Holistic Forestry” rooted in local communities will contribute to the realization of the SDGs and the creation of a nature-compatible society.