scholarly journals The economic value of the ecosystem services of the Chesapeake Bay

2005 ◽  
Author(s):  
Ryan Holtan
2019 ◽  
Vol 11 (4) ◽  
pp. 1235-1249 ◽  
Author(s):  
A. Mentzafou ◽  
A. Conides ◽  
E. Dimitriou

Abstract Coastal ecosystems are linked to socio-economic development, but simultaneously, are particularly vulnerable to anthropogenic climate change and sea level rise (SLR). Within this scope, detailed topographic data resources of Spercheios River and Maliakos Gulf coastal area in Greece, combined with information concerning the economic value of the most important sectors of the area (wetland services, land property, infrastructure, income) were employed, so as to examine the impacts of three SLR scenarios, compiled based on the most recent regional projections reviewed. Based on the results, in the case of 0.3 m, 0.6 m and 1.0 m SLR, the terrestrial zone to be lost was estimated to be 6.2 km2, 18.9 km2 and 31.1 km2, respectively. For each scenario examined, wetlands comprise 68%, 41% and 39% of the total area lost, respectively, reflecting their sensitivity to even small SLR. The total economic impact of SLR was estimated to be 75.4 × 106 €, 161.7 × 106 € and 510.7 × 106 € for each scenario, respectively (3.5%, 7.5% and 23.7% of the gross domestic product of the area), 19%, 17% and 8% of which can be attributed to wetland loss. The consequences of SLR to the ecosystem services provided are indisputable, while adaptation and mitigation planning is required.


2020 ◽  
Vol 3 (1) ◽  
pp. 80
Author(s):  
Muniyandi Balasubramanian

Forest ecosystem services have played a vital role in human well-being. Particularly, recreational ecosystem services are creating physical and mental well-being for human beings. Therefore, the main objective of the paper is to estimate the economic value of recreational ecosystem services provides by recreational sites such as Nandi Hills and Nagarhole National Park based on the individual travel cost method in Karnataka, India. This study has used a random sampling method for 300 tourist visitors to recreational sites. The present study has also estimated the consumer surplus of the visitors. The results of the study have found that (i) economic value of two creational sites has been estimated at US $323.05 million, (ii) the consumer surplus has been estimated for Nandi Hills at US $7.45 and Nagarhole National Park at US $3.16. The main implication of the study is to design the entry fees for the recreational site and sustainable utilization of recreational ecosystem services for the present and future generations.


2017 ◽  
Vol 39 (6) ◽  
pp. 431 ◽  
Author(s):  
T. A. Jones

Ecological restoration in the United States is growing in terms of the number, size, and diversity of projects. Such efforts are intended to ameliorate past environmental damage and to restore functioning ecosystems that deliver desired levels of ecosystem services. In nine current restoration case studies from across the continental United States, this paper details (1) the impacts of the original disturbance and compounding secondary issues that compel restoration, (2) the corrective practices applied to advance restoration goals, and (3) the prospects for recovery of ecosystem services, including those involving associated animal populations. Ecosystem-altering impacts include flood control (Kissimmee River), flood control and navigation (Atchafalaya Basin), damming for irrigation-water storage (Colorado River) and hydroelectric power (Elwha River), logging and fire suppression (longleaf pine forest), plant invasions that decrease fire-return intervals (Great Basin shrublands, Mojave Desert), nutrient and sediment loading of watersheds (Chesapeake Bay, Mississippi River delta), and conversion of natural lands to agriculture (tallgrass prairie). Animal species targeted for recovery include the greater sage-grouse (Great Basin shrublands), the red-cockaded woodpecker (longleaf pine forest), the south-western willow flycatcher (Colorado River and its tributaries), the desert tortoise (Mojave Desert), eight salmonid fish (Elwha River), and the blue crab and eastern oyster (Chesapeake Bay).


2013 ◽  
Vol 41 (2) ◽  
pp. 608 ◽  
Author(s):  
Bogdan POPA ◽  
Claudiu COMAN ◽  
Stelian A. BORZ ◽  
Dan M. NITA ◽  
Codrin CODREANU ◽  
...  

In the last two decades different methodologies for assessing the economic implications of protected areas have been developed within the framework of "Total Economic Value", taking into account not only goods and services that have a price and a market but also those not priced or marketed. The present paper, by using a number of recognized methodologies applied by environmental economists around the world, estimates the economic value of ecosystem services of Piatra Craiului National Park, in one of the first attempts to frame ecosystem services valuation in Romania. The approach and results include a benefit distribution analysis, for both the economic sectors and the groups of beneficiaries. Even if the data are not comprehensive and depend on several assumptions, the paper provides very important practical and policy-relevant information on the economic value of Piatra Craiului National Park, in an attempt to stimulate increasing of the budgetary allocation and economic policy priority for protected areas in Romania.


2018 ◽  
Vol 04 (04) ◽  
pp. 1850022 ◽  
Author(s):  
Benjamin A. Jones ◽  
John Fleck

Managing outdoor water use while maintaining urban tree cover is a key challenge for water managers in arid climates. Urban trees generate flows of ecosystem services in arid areas, but also require significant amounts of irrigation. In this paper, a bioeconomic-health model of trees and water use is developed to investigate management of an urban forest canopy when irrigation is costly, water has economic value, and trees provide ecosystem services. The optimal tree irrigation decision is illustrated for Albuquerque, New Mexico, an arid Southwest US city. Using a range of monetary values for water, we find that the tree irrigation decision is sensitive to the value selected. Urban deforestation is optimal when the value of water is sufficiently high, or alternatively starts low, but grows to cross a specific threshold. If, however, the value of water is sufficiently low or if the value of tree cover rises over time, then deforestation is not optimal. The threshold value of water where the switch is made between zero and partial deforestation is well within previously identified ranges on actual water values. This model can be applied generally to study the tradeoffs between urban trees and water use in arid environments.


2016 ◽  
Vol 7 (2) ◽  
pp. 185-190
Author(s):  
A. Bernués

Pasture-based livestock systems, often located in High Value Nature farmland areas, hold the greatest potential to deliver public goods across European agricultural systems. They play an important role in preserving agricultural landscapes, farmland biodiversity, cultural heritage, and in sustaining rural development. However, many of these functions are ignored in evaluation frameworks because public goods do not have market price and are often ignored in policy design, so farmers do not get the appropriate incentives to provide them. Different conceptual frameworks can be utilized to evaluate the multiple functions or services of these systems: Multifunctional Agriculture, Ecosystem Services, and Total Economic Value. We analyze the common characteristics of these concepts (e.g. they place human benefits and societal demands at the core of their definitions), their specificities (e.g. use of different units of analysis and spatial-temporal scales), and how they can be embedded in the wider concept of sustainability. Finally, we illustrate how the different concepts can be combined to evaluate pasture-based livestock farming systems from a socio-cultural and economic perspective. The public goods (ecosystem services) provided by representative case studies in Mediterranean and Nordic regions are quantified (also in monetary terms) under different environmental/policy scenarios. The results show that there is a clear underestimation of the socio-cultural and economic values of ecosystem services provided by these farming systems. They also show that the social welfare loss linked to further abandonment of livestock farming, and the associated environmental degradation, is very large. From a societal perspective, it is necessary to jointly measure the biophysical, socio-cultural and monetary values of ecosystem services (market and nonmarket) in order to promote the sustainability of pasture-based livestock systems.


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