Tropical rainforestTropical rainforests are rainforests that occur in areas of tropical rainforest climate in which there is no dry season – all months have an average precipitation of at least 60 mm – and may also be referred to as lowland equatorial evergreen rainforest. True rainforests are typically found between 10 degrees north and south of the equator (see map); they are a sub-set of the tropical forest biome that occurs roughly within the 28-degree latitudes (in the equatorial zone between the Tropic of Cancer and Tropic of Capricorn).
Tropical and subtropical dry broadleaf forestsThe tropical and subtropical dry broadleaf forest is a habitat type defined by the World Wide Fund for Nature and is located at tropical and subtropical latitudes. Though these forests occur in climates that are warm year-round, and may receive several hundred centimeters of rain per year, they have long dry seasons that last several months and vary with geographic location. These seasonal droughts have great impact on all living things in the forest.
Tropical forestTropical forests (a.k.a. jungle) are forested landscapes in tropical regions: i.e. land areas approximately bounded by the tropic of Cancer and Capricorn, but possibly affected by other factors such as prevailing winds. Some tropical forest types are difficult to categorize. While forests in temperate areas are readily categorized on the basis of tree canopy density, such schemes do not work well in tropical forests. There is no single scheme that defines what a forest is, in tropical regions or elsewhere.
Seasonal tropical forestSeasonal tropical forest, also known as moist deciduous, semi-evergreen seasonal, tropical mixed or monsoon forest, typically contains a range of tree species: only some of which drop some or all of their leaves during the dry season. This tropical forest is classified under the Walter system as (i) tropical climate with high overall rainfall (typically in the 1000–2500 mm range; 39–98 inches) and (ii) having a very distinct wet season with (an often cooler “winter”) dry season.
Tropical and subtropical moist broadleaf forestsTropical and subtropical moist broadleaf forests (TSMF), also known as tropical moist forest, is a subtropical and tropical forest habitat type defined by the World Wide Fund for Nature. TSMF is generally found in large, discontinuous patches centered on the equatorial belt and between the Tropic of Cancer and Tropic of Capricorn, TSMF are characterized by low variability in annual temperature and high levels of rainfall of more than annually. Forest composition is dominated by evergreen and semi-deciduous tree species.
Cloud forestA cloud forest, also called a water forest, primas forest, or tropical montane cloud forest, is a generally tropical or subtropical, evergreen, montane, moist forest characterized by a persistent, frequent or seasonal low-level cloud cover, usually at the canopy level, formally described in the International Cloud Atlas (2017) as silvagenitus. Cloud forests often exhibit an abundance of mosses covering the ground and vegetation, in which case they are also referred to as mossy forests.
Tropical vegetationTropical vegetation is any vegetation in tropical latitudes. Plant life that occurs in climates that are warm year-round is in general more biologically diverse that in other latitudes. Some tropical areas may receive abundant rain the whole year round, but others have long dry seasons which last several months and may vary in length and intensity with geographic location. These seasonal droughts have great impact on the vegetation, such as in the Madagascar spiny forests. Rainforest vegetation is categorized by five layers.
DeforestationDeforestation or forest clearance is the removal of a forest or stand of trees from land that is then converted to non-forest use. Deforestation can involve conversion of forest land to farms, ranches, or urban use. The most concentrated deforestation occurs in tropical rainforests. About 31% of Earth's land surface is covered by forests at present. This is one-third less than the forest cover before the expansion of agriculture, with half of that loss occurring in the last century.
Deforestation and climate changeDeforestation is a primary contributor to climate change, and climate change affects forests. Land use changes, especially in the form of deforestation, are the second largest anthropogenic source of atmospheric carbon dioxide emissions, after fossil fuel combustion. Greenhouse gases are emitted during combustion of forest biomass and decomposition of remaining plant material and soil carbon. Global models and national greenhouse gas inventories give similar results for deforestation emissions.
Valuation (finance)In finance, valuation is the process of determining the value of a (potential) investment, asset, or security. Generally, there are three approaches taken, namely discounted cashflow valuation, relative valuation, and contingent claim valuation. Valuations can be done for assets (for example, investments in marketable securities such as companies' shares and related rights, business enterprises, or intangible assets such as patents, data and trademarks) or for liabilities (e.g., bonds issued by a company).
