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Once someone can "own" the forest, that be a bit of a cheat around the whole idea. I'm thinking out loud here, but I think all of you're examples are actually v
by _heimdall 2y ago
Once someone can "own" the forest, that be a bit of a cheat around the whole idea. I'm thinking out loud here, but I think all of you're examples are actually valuing the financial mechanisms rather than the forest itself.
The carbon credits are given economic value, its just not a physical resource like lumber so its harder to distinguish that the credit holds the value rather than the forest.
- Juliate 2y agoYou ask me how to account for it. In accounting, that’s how, and you can get creative too.
- _heimdall 2y agoSure, but in those accounting mechanisms are you valuing the forest or the financial asset the paper ownership of forestland grants you? I'd expect the lumber or carbon credits, for example, to be the actual asset accounted for rather than the forest itself.