Timber production, climate and nature protection or recreation: forests provide a wide range of benefits to society, many of them as public goods without a market price. The German Federal Government with its Forest Strategy 2020 aims at integrating the value of these ecosystem services into political decision-making processes – also by using economic valuation. A model of the Thünen Institute now facilitates this.
Meyerhoff et al. (Fri,) studied this question.