Financial consequences of ice breaks in state forests in Eastern Serbia in 2014

The negative effects of climate change on natural resources represent one the biggest challenges forestry sector is facing. increase in frequency and intensity occurrence disasters (snow-falls, icefalls, windbreaks, etc.), as well economic, ecological social consequences, significantly affect performance all activities within sector. This paper aims to study relationship between financial elements (remediation costs, income from forest assortments biological investments profit) relation two influential factors (damaged wood volume damaged area). For purposes research, secondary data were collected analyzed, obtained internal documentation Public enterprise ?Srbijasume?. damage caused by ice breaks Eastern Serbia covered an area 19,419.78 ha state forests, that considerable direct indirect economic was caused. results research indicate that, when increases 1%, remediation costs about 0.67%, 0.65%. Also, with 1 m3, profit decreases average RSD 50,000. It also noticed ha, 21,000 average, while around 6,000.