Forests across the Western U.S. face unprecedented risk due to historic fire exclusion, environmental degradation, and climate change. Forest management activities like ecological thinning, prescribed burning, and meadow restoration can improve landscape resilience. Resilient forests are at a lower risk of high-intensity wildfires, drought, insects, and other disturbances and provide a wide range of benefits to ecosystems and communities. However, insufficient funding limits implementation of critically needed management. To address this challenge, we propose a multi-benefit framework that leverages the diverse benefits of forest management to engage a suite of stakeholders in sharing project costs. We take a three-pronged approach to develop our conceptual model: examining existing frameworks for environmental project implementation, conducting a literature review of forest management benefits, and evaluating case studies. Through our framework, we describe the steps to engage partners, starting by identifying benefits that could accrue to potential public and private beneficiaries, and moving through an iterative and collaborative process of valuing benefits, which can accrue over different spatial and temporal scales, in close consultation with potential beneficiaries themselves. The aim of this approach is to stack funding streams associated with each valued benefit to fully fund a given forest management project. The multi-benefit framework has the potential to unlock new sources of funding to meet the exceptional challenges of climate and wildfire disturbances. We apply the framework to dry forests of the Western U.S., but opportunities exist for expanding and modifying this approach to any geography or ecosystem where management provides multiple benefits.

Forest restoration through mechanical thinning, prescribed burning, and other management actions is vital to improving forest resilience to fire and drought across the Western United States, and yields benefits that can be monetized, including improvements in water supply and hydropower. Using California's Sierra Nevada as a study area, we assess the water and energy benefits of forest-restoration projects. By using a scalable top-down approach to track annual evapotranspiration following forest disturbance, coupled with hydropower simulations that include energy-price information, and marginal prices for water sales, we project the potential economic benefits of hydropower and water sales accruing to water-rights holders. The results found that water-related benefits from strategically planned fuels-reduction treatments now being carried out can be sufficient to offset costs of management actions aimed at forest restoration, especially in the face of climate change. Our findings justified investments in restoring forests and reinforce the central role of water and hydropower providers in partnerships for management of source-water watersheds. Results also highlighted the importance of accurate, scalable data and tools from the hydrology and water-resources community.

Climate change is rapidly modifying historic river flows and snowpack conditions in the Sierra Nevada in California and other seasonally snow-covered mountains. Statistical forecasting methods based on regressing summer flow against spring snow water equivalent, precipitation, and antecedent runoff are thus becoming increasingly inadequate for water-resources decision making, which can lead to missed opportunities in maximizing beneficial uses, including the value of hydropower resources. An enhanced forecasting method using a process-based model and spatially distributed wireless sensor data offers more accurate runoff forecasts. In this paper, we assessed the forecasting accuracy of these two forecasting methods by applying them to two tributaries within the North Fork Feather River basin in California. The result shows the enhanced forecasting method having better accuracy than the statistical model. In addition, a hydropower simulation showed a considerable increase in energy value with the enhanced forecasting informing reservoir operations. The investment analysis on applying this method shows an average internal rate of return of 31% across all scenarios, making this forecasting method an attractive way to better inform water-related decisions for hydropower generation in the context of climate change.

As wildfires in the western United States grow in frequency and severity, forest fuels treatment has been increasingly recognized as essential for enhancing forest resilience and mitigating wildfire risks. However, the economic valuation of the treatment's co-benefits remains underexplored, limiting integration into financial and policy decision making. Using highly forested land in California's Sierra Nevada as study areas, this study provides a methodology to quantify the economic benefits of forest fuels treatment in mitigating wildfire-induced losses across multiple ecosystem services, including carbon storage, timber provisioning, erosion regulation, and air-quality regulation. Integrating historical data on forest disturbances, ecological variables, and market-based ecosystem service valuation models, we demonstrate that treatment can substantially reduce wildfire risk and deliver measurable, significant economic benefits at a landscape level. The magnitude of these benefits is site specific and sensitive to burn probability, treatment intensity, and the baseline value of affected ecosystem services. This quantitative analysis provides a scalable approach to inform regional forest management strategies. It can also support innovative financing mechanisms such as public-private cost-sharing models, which can accelerate the pace and scale of forest fuels treatment efforts that enhance ecosystem sustainability and community resilience in wildfire-vulnerable landscapes.