University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics The EcoValue Project: The EcoValue Project: A Web-based, Geographic Approach to the Delivery A Web-based, Geographic Approach to the Delivery of the Economic Values of Ecosystem Services: of the Economic Values of Ecosystem Services: Current Status and Issues of Concern Current Status and Issues of Concern USSEE Conference Tacoma, Washington July 2005 Treg Christopher, Matthew A. Wilson PhD. & Austin Troy PhD The Gund Institute for Ecological Economics, School of Business Administration, Rubenstein School of Environment and Natural Resources at the University of Vermont [email protected]
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University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics.
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University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics
The EcoValue Project:The EcoValue Project:A Web-based, Geographic Approach to the Delivery of A Web-based, Geographic Approach to the Delivery of
the Economic Values of Ecosystem Services: the Economic Values of Ecosystem Services: Current Status and Issues of ConcernCurrent Status and Issues of Concern
USSEE ConferenceTacoma, Washington July 2005
Treg Christopher, Matthew A. Wilson PhD. & Austin Troy PhD
The Gund Institute for Ecological Economics, School of Business Administration, Rubenstein School of Environment and Natural Resources at the University of Vermont
University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics
Presentation Outline
• Introduction to the Economic Valuation of Ecosystem Goods and Services
• Goals and Steps of the EcoValue Project
• Current Limitations and Future Directions
Millennium Assessment (MA) 2003 Typology of Ecosystem Goods and Services
University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics
Introduction to the EcoValue ProjectA work in progress at the University of Vermont by:
Treg Christopher, Matthew A. Wilson PhD, Austin Troy PhD, Robert Costanza PhD, Shuang Liu
University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics
Current Issues and Future Directions
• Marginal utility• Spatio-temporal context
• Spatio-temporal scale
• Quality of original studies• Aggregation of economic values• Limited availability of Land Cover
change-detection data
• What was the initial condition and what is the proposed change?
• Water Quality and Recreation
• Spatial context• Topological elements of a cover type such as area,
connectivity, fragmentation, and proportion of the landscape
• Ecosystem Dynamics• Threshold of service
• Non-linear change
Supply-side Issues
• Socio-economic factors• Income
• Demographics
• Ethnicity and other cultural characteristics
• Population
• Substitutability
Demand-side Issues
• Temporal scale– Distribution of the impact of service
– Time lags
• Spatial scale:– Who are the stakeholders? Who are the appropriate
valuers?
• Disjunct between human scales of perception and scales at which services operate or generate impacts
– “Only a fraction of what exists, is perceived and only a fraction of what is perceived is responded to” (Jedrzejczak, 2004)
Scale Issues
University of Vermont, School of Business Administration, Rubenstein School of Environment and Natural Resources, Gund Institute for Ecological Economics