4. Forests protect Armenia’s rich biodiversity
Caucasian Leopard, Shikahogh Reserve in Syunik
Photo by A. Malkhasyan, I. Khorozyan, and M. Boyajyan
used w/permission of WWF Armenia
7. Balance sheet: What is a forest worth?
Min value ($/ha/year) Max value ($/ha/year) *
Provisioning services $25 $1,736
Regulating services $3 $456
Habitat services $0 $2,575
Cultural services $1 $96
Total value $30 per ha per yr $4,863 per ha per yr
* Source: Monetary value of ecosystem services provided by temperate forests,
The Economics of Ecosystems & Biodiversity (TEEB), United Nations
Environment Programme, 2010
8. …what is the value of Armenia’s forests?
From $7 million
per year…
…to up to $1.1
billion per year!
* Using TEEB’s low * Using TEEB’s high estimate
estimate of forest value of forest value
12. Forest conservation can save billions of $$$
New water filtration
plant = $6 billion
Forest conservation in
watershed = $1.5 billion
Catskill Watershed New York City’s drinking water