Other Forestry Fare
Besides the obvious items like timber, forests produce a number of other products or benefits. Some of those such as non-wood forest products have a monetary or tangible value; for others those values are more difficult to express in monetary terms and are known as intangible. For example, it is not easy to express the value of landscape, a bit of peace and quiet, or the sound of birdsong in pounds and pence or euros. Much of that is still in the eye of the beholder although economists have conjured up ways of getting some idea of their worth, sometimes by asking people how much they would be willing to pay to actually save a wood or to pay for a certain benefit if they had to.
Public benefits explains this concept.