Direct benefits information
The expected benefits are of 4950 euros in the period 2012-2042, with a net gain of 2850 euros (compared to the previous maize cultivation there is a loss of 1749 euros/year).
Ancillary benefits information
It is estimated a positive impact from the costitution of the forest for the recreational and educational value of the forest, but there is no economic evaluation of the benefits.
Costs investment information
The planting cost was of 24000 €, with a contribution of the 80% from LIFE+ funds.
Costs operation maintenance
2100
Costs operation maintenance
estimation of the costs for the period 2012-2042
Costs total information
An estimation could be made by calculating the total NPV of investment costs + yearly maintenance costs up to 2042 - However, the choice of a correct discount rate could be debated
Economic costs, income loss
1749
Information on Economic costs - income loss
The area was previoulsly maize-cultivated, with a net gain of 4599 € in 2005-2010 period.Since the prevision for thenet gains from the forest is of 2850, the loss of incomes is 1749 €/ha/year.
Ecosystem improved biodiversity
1
Information on Ecosystem improved biodiversity
The constitution of a lowland forest provides habitat for 55 indigenous plant species, of which 15 tree species. Moreover, the forest constitutes habitat for at least 20 bird species.
Ecosystem provisioning services
1
Information on Ecosystem provisioning services
The forest will produce about 40 tons/year of firewood and in 30 years will provide high quality construction wood.
Ecosystem impact climate regulation
Impact on GHGs (net emissions and storage) including soil carbon
Information on Ecosystem impact climate regulation
Bosco Limite will stock an average quantity of 50 tons of CO2 per year, the equivalent emission of 7 Italian citizens