The scope for reconciling public good and private forestry in the United Kingdom

Abstract

The nature of private forestry in the UK as an economic activity is changing, with increasing ‘public good’ demands being placed on forest owners, with or without compensation from government. Although the motives for owning woodland are weakly researched, it is evident that amenity and recreational interests rather than formal productive economic activity are a major force in influencing woodland purchase and may well be a dominant force in woodland management over many parts of the UK. Recent research suggests a need for recognition of the high value of the public goods and, in particular, recognition of their high levels of spatial variability, whilst recognising that the public good — private good dualism is an oversimplification of the actual situation. New policy instruments are currently being implemented in various parts of the UK by devolved governments, and their capacity to both remediate market failure and address the needs of forest owners is considered. Their voluntary character and the preferences of forest owners may seriously constrain the optimal delivery of public goods. Further, existing policy instruments may be seen as insufficiently geographically targeted to areas where the greatest social benefits could be anticipated from policy-induced improvements in public good values.