what is the economic value of peat
Answers
Answer:
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Explanation:
Peat soil forest (as used in this study are the natural forest (peat swamp forest)) serves important ecological and environmental functions and provides perpetual benefits, if properly conserved. The peat swamp forest in the Mukah district represents the most significant protected peat soil area in the state. Communities living in the proximity of this forest are dependent directly or indirectly on it for their livelihood. The main objective of the study was to determine the economic value of the peat swamp forest to the local communities in Mukah.
Answer:
Peatlands provide a direct use value from the accumulated peat for extraction (e.g. for domestic fuel). In 2015, the peatlands industry employed over 1,200 people in Midland communities in Ireland whose wages are also spent in the local economy, providing further jobs in the region.