Afforestation to increase the provision of ecosystem services: economic implications for Ukraine and beyond
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This paper analyses costs and benefits of planting trees on marginal lands across forestry zones in Ukraine with the purpose of using them for timber production, erosion prevention and climate change mitigation. The research reveals that establishment of new forests to increase timber production and alleviate soil erosion is economically and environmentally justified in some regions. Incorporating the effects of afforestation through on climate change mitigation increases social benefits.