Forest Accounting and Ecological Sustainability

Abstract

Forest accounting is creating ground for ecological rationality. World is in danger because of clashes in natural resources particularly ecological ecosystem. There is nexus between forest accounting and sustainable development. Forest is one of the important resources as it is one of the important components of the terrestrial environmental system and larger resource base. Forests provide different basic inputs to the global economic cum ecological system in a multi-dimensional way. It provides timber, fuel wood, pulpwood, fodder, fiber grass and non-wood forest produce & support industrial & commercial activities. They also maintain the ecological balance & life-support systems which is essential for food production, health as well as overall development of human kind.  Forest accounting is having direct input to ecological ecosystem sustainability in various way such as (1) reducing loss of biodiversity. (2) Mitigate inflated economic production figures. (3) Enable value chain and supply chain accounting starting with net forest produce. (4) Enable Gross National Happiness -GNH calculation that is dependent on forest living and environmental standards. (5) Enable balanced economic growth keeping future economic concerns. (6)  Enable balance in regional economic diversity. (7) Safeguard biodiversity (both plant and animal). (8)  Assess tradeoff between agriculture and environment preservation exercises (9) assess nature of food safety networks based on area specific nutrition availability and bring economic measures for balanced nutrition in regions. (10) Cause rational international economic and diplomacy dialogues based on hard data. (11) Measure economic sustainability. It means need to change perspective of human being towards ecological system.  More rationality must bring while dealing with ecology. Present research work would focuses ecological rationality Therefore forest accounting however following are the specific objectives of present research are as follows

1. To explore relationship between forest accounting and ecological sustainability.

2. To develop theoretical modeling of ecological ecosystem sustainability.

3. To discuss various issues of ecological rationality through forest accounting system.

4. To identified challenges of forest accounting.

5. To suggest remedies for ecological ecosystem sustainability.

The present study is explorative study on ecological rationality and sustainability through developing forest accounting system. Essential data has been collected and analyze to find out present nexus. Forest accounting would definitely contribute in making effective decision for forest ecology.  There is need to look after forest accounting is one of the instrument for ecological rationality because it’s providing various inputs for rational decision making. It cannot afford forest in danger otherwise society will be in danger. It must be recognized invisible forest ecosystem services and determined its economic value so that ecological rationality would come in picture.

Keywords: Rationality, Ecology, Ecosystem, Forest Accounting, India, sustainability, Biodiversity, Flora, Fauna.