Advancing the Valuation and Measurement of Forest Ecosystem Services: Future Research/Management Directions
Japelj, A., N. C. Poudyal, M. Bosch, and D. G. Hodges.  2017.  Interconnecting Forests, Science and People, p. 79, In: Book of Abstracts from 125th Anniversary Meeting of the International Union of Forest Research Organizations, Freiburg, Germany.

Abstract:
Forest management historically has been focused on timber production and the resulting wood products. Ecosystem services have remained undervalued, if not ignored, by most forest managers and policy makers until recently, when several researchers began evaluating their value. Today, policy makers, landowners, and managers recognize that forests provide a wide range of environmental, economic, and aesthetic benefits for society such as biodiversity, carbon sequestration, and water and air quality protection. While there have been wide range of research conducted on the economic values of forest ecosystem services, many questions remain unanswered. This presentation will identify the primary unknowns and provide insights into future research opportunities to address them. Specific topics will include bundling and stacking ecosystem services, alternative approaches to ecosystem service mapping and their implications for estimating values at a landscape scale, and new methodological approaches such as conjoint optimization. The goal is to identify a potential research agenda for future work on valuing forest ecosystem services.