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    Eco System Capital Presentation

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    Thetis Skondra
    This document summarizes a paper that discusses valuing ecosystem services. It defines ecosystem services as benefits that people obtain from ecosystems, such as provisioning services like food and water, regulating services like flood and drought regulation, supporting services such as soil formation, and cultural services including recreation and spiritual benefits. The supply of ecosystem services can degrade due to factors like population growth and development, while demand increases with growing populations and standards of living. Ecosystem service valuation is presented as an interdisciplinary field that acknowledges nature's intrinsic and utilitarian value to human well-being. A variety of economic methods are used to value services from multiple perspectives against goals like sustainability and equitable resource distribution.

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    Eco System Capital Presentation

    Uploaded by

    Thetis Skondra
    151 views14 pages
    This document summarizes a paper that discusses valuing ecosystem services. It defines ecosystem services as benefits that people obtain from ecosystems, such as provisioning services like food and water, regulating services like flood and drought regulation, supporting services such as soil formation, and cultural services including recreation and spiritual benefits. The supply of ecosystem services can degrade due to factors like population growth and development, while demand increases with growing populations and standards of living. Ecosystem service valuation is presented as an interdisciplinary field that acknowledges nature's intrinsic and utilitarian value to human well-being. A variety of economic methods are used to value services from multiple perspectives against goals like sustainability and equitable resource distribution.

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    eco-system capital presentation

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    This document summarizes a paper that discusses valuing ecosystem services. It defines ecosystem services as benefits that people obtain from ecosystems, such as provisioning services like food and water, regulating services like flood and drought regulation, supporting services such as soil formation, and cultural services including recreation and spiritual benefits. The supply of ecosystem services can degrade due to factors like population growth and development, while demand increases with growing populations and standards of living. Ecosystem service valuation is presented as an interdisciplinary field that acknowledges nature's intrinsic and utilitarian value to human well-being. A variety of economic methods are used to value services from multiple perspectives against goals like sustainability and equitable resource distribution.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    151 views14 pages

    Eco System Capital Presentation

    Uploaded by

    Thetis Skondra
    This document summarizes a paper that discusses valuing ecosystem services. It defines ecosystem services as benefits that people obtain from ecosystems, such as provisioning services like food and water, regulating services like flood and drought regulation, supporting services such as soil formation, and cultural services including recreation and spiritual benefits. The supply of ecosystem services can degrade due to factors like population growth and development, while demand increases with growing populations and standards of living. Ecosystem service valuation is presented as an interdisciplinary field that acknowledges nature's intrinsic and utilitarian value to human well-being. A variety of economic methods are used to value services from multiple perspectives against goals like sustainability and equitable resource distribution.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 14

    Eco-System Capital

    Valuing ecosystem services: theory,


    practice, and the need for a transdisciplinary synthesis. (Liu et. al. 2010).
    Presented by Thetis Skondra

    A: Eco-System Services
    Benefits people obtain from ecosystems

    Examples
    Provisionary services: e.g. food and water
    Regulating services: regulation of floods,
    draughts, diseases
    Supporting services: soil formation, nutrient
    cycling
    Cultural services: recreation and spiritual

    A: Eco-System Services
    Supply Side

    Demand Side

    degradation in
    regard to
    providing
    service

    Increase as
    population and
    standard of
    living increase

    B: Ecosystem Services become


    scarce
    Reason: lack of valuation
    Challenge: acknowledgement of this value

    C: What is ecosystem services


    evaluation?
    1. Anthropogenic concept
    2. The wellbeing of humanity and the wellbeing

    of earth are interdependent


    3. Ecosystem services have an economic value
    BUT this is not the only focus for ESV
    4. Nature is vital for many reasons to human
    survival and wellbeing

    C: What is ecosystem services


    evaluation?
    1. Ecosystems have intrinsic and utilitarian

    value
    Examples:
    2. Efficient allocation

    Important goals for the


    management of ecosystem
    services.
    1. Assessing and ensuring that the scale or

    magnitude of human activities are


    sustainable
    2. Distributing resources and property rights

    fairly.
    3. Efficiently allocating the resources

    constrained and defined by 1 & 2 above in


    order to maximize utility.

    Valuation of eco system services must be


    performed
    From multiple perspectives
    Using multiple methods
    Against multiple goals

    Framework for ESV

    Eco-system structures and processes are


    influenced by biophysical drivers

    Methodology for EVS

    Revealed preference approaches


    1. Market methods
    2. Travel cost
    3. Hedonic methods
    4. Production approaches
    State preference approaches
    1. Contingent valuation
    2. Conjoint analysis
    Cost-based approaches
    1. Replacement cost
    2. Avoidance cost

    History of ESV research


    1960s:
    Common challenges but separate answers

    1970s:
    Breaking the disciplinary boundaries - Georgescu
    Roger

    1980s
    Moving beyond multi-disciplinary ESV research
    Attempt to build a common language for ecological
    and economic systems

    History of ESV research


    1990s to present
    Moving towards trans-disciplinary ESV

    research
    1.
    2.
    3.
    4.

    Conjoint analysis
    Meta analysis
    Group valuation
    Multiple criterion decision analysis

    ESV in Practice

    ESV in natural resource damage assessments


    ESV in cost-benefit analysis cost-effectiveness

    analysis framework
    ESV in natural capital accounting
    ESV in payment for ecosystem services

    Debate on the use of ESV


    1. Comparisons of natural capital to physical and

    human capital in regard to their contribution to


    human welfare
    2. Monitor the quantity and quality of natural

    capital over time in regard to its contribution to


    human welfare
    3. Provide for evaluation of projects that enhance

    or degrade natural capital

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