Afforesting unutilized or low-productivity agricultural land is important for achieving ambitious climate targets, and subsidy schemes may incentivize this land-use change. To determine how subsidies affect the relative performance of afforestation, we analyze both carbon-flux-based and lump sum...

We analyzed the relationship of the softwood market in chosen EU countries. The long-run relationship was tested using the multivariate Johansen procedure and bivariate Engle-Granger cointegration test. Precedence and causality of markets in the short-run were tested using the weak exogeneity test...

Forests and forest-based bioeconomy have central roles in the contemporary sustainability transition. However, the transition towards a bioeconomy is loaded with tensions regarding economic growth, ecological integrity, and social justice. These tensions reproduce varying transition discourses....

In a global economic system where essential resources are limited, demand is increasing and environmental degradation is more pronounced, the only viable option to ensure sustainable development is to create an environmentally friendly and efficient economy in order to produce more economic value...

Various national policies guide forest use, but often with competing policy objectives leading to divergent management paradigms. Incoherent policies may negatively impact the sustainable provision of forest ecosystem services (FES), and forest multifunctionality. There is uncertainty among...

The forest-based sector is facing one the greatest transitions in its history in the face of global megatrends. Globalization, sustainability challenges and the ICT sector have put the world in a new light. Whereas some of the recent developments have resulted in challenges for the traditional...

The bioeconomy approach offers potential solutions to global challenges, including sustainable forest management. The body of literature on the forest-based bioeconomy is rapidly expanding, and the diversity of approaches is bewildering. In this paper, we (1) discuss and clarify terminology related ...

The forest-based bioproduct field has diversified into the chemical, medical, energy, nanoproduct, and construction material sectors. This paper argues that forest-based bioeconomy has kept the focus on conventional products and new bioproducts have primarily been developed as extensions to...

Sequestering carbon in forests and wood products is an inexpensive way to reduce the atmospheric carbon concentration. However, its full potential is not utilized in present climate policies. Optimizing sequestration, while continuing to harvest wood for materials and energy, could reduce the...

The expansion of nature-based tourism on private land requires new mechanisms to coordinate tourism industry and commercial forestry interests. This attribute-based contingent valuation study elaborated the supply side of potential payments for ecosystem services (PES) mechanism named Landscape and ...