YouTube video

Topic: Forest policy, timber and forest land evaluation, forest ecosystem assessment.

A panel discussion from the FPBC 2020 forestry conference. Traditional methods of forest valuation focus on timber extraction and wood resource utilization, with examples including saw logs, pulp logs, and biomass. This session will highlight alternative means for valuation of natural resources outside of the traditional methods, with a focus on economics and natural resources, paying specific attention to the terms ecosystem services and natural capital within the context of forest management and the implications to the working forests.


  • Vic Adamowicz, PhD, vice dean, Faculty of Agricultural, Life and Environmental Sciences, University of Alberta; distinguished university professor, Department of Resource Economics and Environmental Sociology, Faculty of Agricultural, Life & Environmental Sciences, University of Alberta;
  • Emanuel Machado, chief administrative officer, Town of Gibsons; and
  • Michelle Molnar, technical director, Municipal Natural Assets Initiative.