Forests provide numerous goods and services that support life. The importance of forests in a country such as ours is even more significant considering the large amount of marginalised communities that depend on forests.

This paper attempts a comparative analysis of three carbon management studies (two project design documents and a feasibility study) which seek to benefit community level institutions for their forest management and conservation efforts.

The principle objective of this study is to generate economic value of various goods & services provided by the Himachal Forests. It recognizes the multi-stakeholders, multisectoral contribution of forests through their multiple values.