The Challenges of Managing and Valuing Plantation Forests with Ongoing Climate Change in Australasia
Over the past five years, large areas of plantations in Australia have been destroyed by fires and impacted by flooding. These events combined with recent storms in New Zealand have highlighted the challenges of managing plantation investments within the context of a changing climate. The impact of climate change on the biological asset (the tree crop) is an active area of research. While climate change is impacting plantation forests globally, this article focuses on New Zealand and Australian forest industries.