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Many forest goods and services are not marketed, and yet have value to many people apart from the forest owners, they are so called externalities. Methods for assessing these values are incomplete, and so is the understanding of who in society benefits the most from them. Furthermore, as they are not marketed forest owners are not rewarded for the provision of such goods and services to others, and may thus take decisions resulting in a lower provision of these goods and services than is optimal for society.

Can we contribute to the increase of societies' welfare by developing new ways to enhance the provision of such forest goods and services? This and similar questions are we trying to resolve in the NEWFOREX project (New Ways to Value and Market Forest Externalities).

Because of the diversity of forests and societies in Europe, the NEWFOREX project focuses on five European case studies that represent important variation in forest types and socio-economic context in Europe. In addition a comparative case study in a developing country Brazil, is undertaken.

This project is supported by the European Commission under the 7th Framework Programme for Research and Technological Development.