The UN Framework Convention on Climate Change recognises that, in the formulation of a global strategy for reducing global emissions of carbon (the main factor in global warming) forests could play an important role. This book highlights that role and demonstrates how the forests of the world may be harvested judiciously and sustainably. The authors argue that the forests are more than just a source of timber and wood; they discuss the role that forests play in reducing global warming, in preventing soil erosion and in helping to minimise the loss of biodiversity. Drawing on the expertise of contributors associated with the analysis of forests, this book is an in depth and fascinating discussion as well as a policy guide for the sustainable management of forests.The book begins by considering the relevant biophysical aspects of forest management and then goes on to study the value of forests for providing carbon sinks that absorb, in part, the carbon released into the atmosphere through the burning of fossil fuels. The book ends with a more detailed analysis of case studies in forest policy in North, Central and South America.

This book will be of great interest to academics and policy groups within the many areas of environmental economics including global climate change and sustainable development.