The article considers traditional and alternative (ecosystem) forms of use of forest resources on the lands of the forest fund. A variety of soil and climatic conditions, land categories and forest protection create prerequisites for various forms of forest management and the implementation of ecosystem projects in the country's forest fund. The necessity of a comprehensive economic assessment of forest resources in order to stimulate the development of new types of business and territories has been proved. Ecosystem services of the forest are proposed to be considered as the first priority in matters of economic evaluation of forest resources and payments for forest use. To organize the multifunctional use of forests, quantitative assessments of the potential of climate-oriented activities (forest climate projects) in regional forestry systems are required. In the context of federal districts, there is a significant differentiation in terms of the level of investment attractiveness of forest lands suitable for the implementation of forest climate projects for the creation of carbon sequestering plantations. Within the framework of such projects, it becomes possible not only to expand the reproduction of forest resources, including improving the condition and species composition of forests, but also to generate investment income in the form of carbon units produced on carbon markets. The southern and southeastern regions of the country have the greatest potential for the implementation of climate projects related to afforestation and reforestation.

В статье рассмотрен метод оценки эффективности инвестирования в лесные климатические проекты, раскрыта сущность, содержание и представлен алгоритм определения коэффициента углеродоемкости инвестиционных затрат, который является индикатором эффективности мер по сокращению выбросов или увеличению поглощения парниковых газов, что подтверждено выполненными расчетами по лесохозяйственным мероприятиям, направленным на лесовосстановление и лесоразведение. Используя коэффициент углеродоемкости инвестиционных затрат, установлено, что лесохозяйственные мероприятия по лесовосстановлению и лесоразведению обладают инвестиционной привлекательностью при реализации проектов, направленных на увеличение поглощения / снижение выбросов СО в региональных системах лесного хозяйства. Article considers a method for evaluating the effectiveness of investing in forest climate projects, essence, content and algorithm for determining the carbon intensity ratio of investment costs are disclosed, which is indicator of effectiveness of measures to reduce emissions or increase the absorption of greenhouse gases, which is confirmed by performed calculations for forestry activities aimed at reforestation and afforestation. Using the coefficient of carbon intensity of investment costs, it has been established that forest management activities for reforestation and afforestation have investment attractiveness in the implementation of projects aimed at increasing absorption / reducing CO emissions in regional forestry systems.