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The concept delimitation, the value realization process, and the realization path of the capitalization of forest ecological resources

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  • Qiu‐Shuang Fang
  • Hong‐Xun Li

Abstract

The management and protection of forest resources has become one of the major issues of environmental protection globally. As the largest developing country in the world, China has determined that the construction of an ecological civilization is an important piece of a millennium plan for China's sustainable development. The ecological capital theory, which adheres to the idea of a harmonious coexistence between man and nature, provides an opportunity to open up a new chapter for the construction of ecological civilization. Based on the fact China is a country endowed with unique resources, this paper aims to provide a theoretical reference on how to maximize the value of forest ecological resources and promote the sustainable development of global forest resources. To gain clear insights, this paper uses the theory of ecological capital to discuss how to demarcate the concept of the capitalization of forest ecological resources. The internal motivation of the capitalization of forest ecological resources was analysed from two perspectives: how to keep the balance between ecological protection and resource development, and how people have changed the way of using forest resources. This paper has expounded how forest ecological resources are transformed to forest ecological assets and then forest ecological capital, indicating the realization path of the capitalization of forest ecological resources, that is, a direct utilisation of forest resources and indirect new ways of forestry management. It aims to provide theoretical references for maximizing the value of forest ecological resources and achieving the sustainable development of global forest resources.

Suggested Citation

  • Qiu‐Shuang Fang & Hong‐Xun Li, 2021. "The concept delimitation, the value realization process, and the realization path of the capitalization of forest ecological resources," Natural Resources Forum, Blackwell Publishing, vol. 45(4), pages 424-440, November.
    • Handle: RePEc:wly:natres:v:45:y:2021:i:4:p:424-440
    DOI: 10.1111/1477-8947.12234
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    1. Xiansheng Xie & Shaozhi Chen & Rong Zhao, 2023. "A Preliminary Evaluation of the Effectiveness of Ecological Product Value Realization in China Based on the DPSIR Model," Sustainability, MDPI, vol. 15(21), pages 1-26, November.

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