2023 article

The Journal of Forest Business Research to Support Sustainable Forest Investments for Economic, Social, and Environmental Benefits

Chudy, R., Cubbage, F., Mei, B., & Shy, J. (2023, August). BIORESOURCES, Vol. 18, pp. 4373–4376.

By: R. Chudy, F. Cubbage n , B. Mei & J. Shy

co-author countries: United States of America πŸ‡ΊπŸ‡Έ
author keywords: Finance; Forest sector; Investments; Open-access journals; Research-driven decisions
Source: Web Of Science
Added: June 12, 2023

The forest sector plays an important role in sustainable development for market and nonmarket goods and services. Investors and policy makers are increasingly seeking to rely on forests to provide both commercial forest products and nature-based solutions that will meet consumer demands and contribute to bioenergy, climate change amelioration, and biodiversity. To meet the expectations of climate and energy policies, forecasts estimate that more than US$70 billion of investments are needed annually by 2050. To achieve this level of investments, these increasing demands for investments in forests must be based on scientific research, reliable data, and credible business applications. In the era of information overload, access to peer-reviewed open-access journals has never been more critical than it is now. We summarize the role of our new Journal of Forest Business Research in providing improved applied research for practitioners seeking to achieve better outcomes relative to investment, finance, and economic goals for sustainable development.