Auctioning the Forest: A Qualitative Approach to Exploring Stakeholder Responses to Bidding on Forest Ecosystem Services

The loss of private forestland diminishes ecosystems, including wildlife habitat, carbon sequestration and clean water. The emergence of new markets for forest ecosystem services offers one solution for private forestland financing while having the potential to increase the provision of forest ecosystem services. The general public's willingness to participate in an auction mechanism for private forest ecosystem services was assessed for a regionally representative forest in Washington State using focus group methodology. The auction mechanism utilizes cost-effective management scenarios that stakeholders competitively bid on. Participants exhibited preferences for specific management plans while also making trade-offs in order to ensure that a plan would win. Participants expressed clear preferences for recreational access, mature forest habitat, aesthetic amenities, and improved water quality. Participants were receptive to the auction mechanism while maintaining concerns over viability, transparency, and local stakeholder involvement.