Land degradation is a topical issue not only in Latvia, but also in Europe. Even the real estate additional tax rate of 1.5% does not prevent agricultural land from overgrowing, and there is no other legal mechanism to control it. One of the mechanisms of prevention of land degradation process is reconstruction of drainage systems, change of worthless agricultural land (less than 25 points) to forest land or improvement and return of agricultural land (more than 25 points) to economic production. Although such actions require financial resources, there may be a variety of financial support programs, for example, the decrease of the real property tax rate (in case of afforestation).

Solution of ecological problems is an urgent and extremely important task at the present stage of social economic development of Ukraine. Unreasonably high degree of economic (mostly agricultural) reclaiming of area causes spreading and intensification of degradation processes in ecosystems. Conservation of lands, including the one carried out by means of foresting of degraded lands, is the principal way to renature environment. The article concerns an issue of land conservation in the context of ecosystem services of forests. The aim of the article is to assess the economic value of ecosystem services of forests in case of land conservation. To achieve the aim the authors developed a classification system of ecosystem services of forests according to their functional purposes; provide the calculation of prospective economic value of ecosystem services while foresting of a land plot with heavy eroded soil. The research was carried out using system, monographic and abstract-logical methods. The integral evaluation of prospective ecosystem services of forest in case of foresting of degraded land resulted in: minimum – 5. 07 thousand UAH per 1 ha in a year, maximum – 35. 91 thousand UAH per 1 ha in a year. The calculation of economic costs of ecosystem services should be applied for assessment of the economic value from protection of nature-protective areas as well as implementation of economic stimulation for land conservation.