Thoughts concerning the economic valuation of landscapes

The incorporation of economic thinking into the valuation of landscapes is still relatively new. It is an approach that yields valuable new insights and can help with prioritizing the use of scarce resources to improve and/or preserve landscapes. This paper explores and discusses the uses and limitations of economic valuation of landscapes from market failure, policy process, and theoretical and philosophical perspectives.     

Paradigms for parasite conservation

Parasitic species, which depend directly on host species for their survival, represent a major regulatory force in ecosystems and a significant component of Earth's biodiversity. Yet the negative impacts of parasites observed at the host level have motivated a conservation paradigm of eradication, moving us farther from attainment of taxonomically unbiased conservation goals. Despite a growing body of literature highlighting the importance of parasite‐inclusive conservation, most parasite species remain understudied, underfunded, and underappreciated. We argue the protection of parasitic biodiversity requires a paradigm shift in the perception and valuation of their role as consumer species, similar to that of apex predators in the mid‐20th century. Beyond recognizing parasites as vital trophic regulators, existing tools available to conservation practitioners should explicitly account for the unique threats facing dependent species. We built upon concepts from epidemiology and economics (e.g., host‐density threshold and cost‐benefit analysis) to devise novel metrics of margin of error and minimum investment for parasite conservation. We define margin of error as the risk of accidental host extinction from misestimating equilibrium population sizes and predicted oscillations, while minimum investment represents the cost associated with conserving the additional hosts required to maintain viable parasite populations. This framework will aid in the identification of readily conserved parasites that present minimal health risks. To establish parasite conservation, we propose an extension of population viability analysis for host–parasite assemblages to assess extinction risk. In the direst cases, ex situ breeding programs for parasites should be evaluated to maximize success without undermining host protection. Though parasitic species pose a considerable conservation challenge, adaptations to conservation tools will help protect parasite biodiversity in the face of an uncertain environmental future.     

ECONOMIC EVALUATION OF AESTHETIC AMENITIES: A CASE STUDY OF RIVER VIEW1

ABSTRACT: Presence of a river in an urban setting may contribute positively to an aesthetically pleasing environment. Such aesthetic effects are not typically linked to specific economic activities and occur, for example, when residents are exposed to a river-view. Qualities enhancing the aesthetic value of the river include the presence of parks, trails, and vegetation along the riverbanks. The value of aesthetic amenities provided by the South Saskatchewan to the City of Saskatoon residents was estimated in this study using non-market methods. The implicit price of the river view was estimated using the Hedonic Price Model, whereas value through willingness to pay for property taxes or higher rents were also estimated using actual market data. The total annual value of the river to the City of Saskatoon through addition of aesthetic amenities was estimated at $1.2 million in 1989 dollars.     

Scope insensitivity in contingent valuation of complex environmental amenities

It has been argued that respondents in contingent valuation (CV) surveys, asked to value complex environmental amenities, will state willingness to pay (WTP) independently of the scope of the project. Such insensitivity to scope would be at odds with rational choice, and could therefore imply that CV is not a theoretically valid method for biodiversity valuation. The scope test in the present CV study was applied to endangered species preservation. Respondents were split in four sub-samples facing different scopes of endangered species preservation. The design allowed for both external and internal scope tests. Furthermore, the tests were split according to elicitation format. Of four external tests of insensitivity to scope, one was rejected, two gave mixed results, depending on either the type of test or elicitation format, and for the last one the null hypothesis could not be rejected. Of five internal tests, insensitivity to scope was rejected in three cases, one test gave mixed results, and one could not be rejected. Survey design features of the CV study, especially an unfamiliar sub-group of endangered species, could explain the apparent insensitivity to scope observed.     

区域洪涝灾害风险的模糊综合评价与预测

以广西1992~2006年洪涝灾情数据为基础,选取适当的评价指标,用基于遗传算法、特征值法和优化算法的投影寻踪法和层次分析法确定各评价指标的分类权重和排序权重,用优化算法进行综合得到组合权重,经过加权求和得出洪涝灾害的模糊综合评价,进而对15个评价对象进行了分类排序,其分类结果很好地反映了洪涝灾情的实际情况。在以上模糊综合评价结果的基础上,利用距离贴近度进一步计算和分析各个评价指标之间的贴近度,并由择近原则确定各个评价指标之间在洪涝灾害评价中的相关程度。同时,建立了基于改进的灰色GM(1,1)的时间响应式的灾变年份预测模型。     

Public Willingness to Pay for Recovering and Downlisting Threatened and Endangered Marine Species

Abstract: Nonmarket valuation research has produced economic value estimates for a variety of threatened, endangered, and rare species around the world. Although over 40 value estimates exist, it is often difficult to compare values from different studies due to variations in study design, implementation, and modeling specifications. We conducted a stated‐preference choice experiment to estimate the value of recovering or downlisting 8 threatened and endangered marine species in the United States: loggerhead sea turtle (Caretta caretta), leatherback sea turtle (Dermochelys coriacea), North Atlantic right whale (Eubalaena glacialis), North Pacific right whale (Eubalaena japonica), upper Willamette River Chinook salmon (Oncorhynchus tshawytscha), Puget Sound Chinook salmon (Oncorhynchus tshawytscha), Hawaiian monk seals (Monachus schauinslandi), and smalltooth sawfish (Pristis pectinata). In May 2009, we surveyed a random sample of U.S. households. We collected data from 8476 households and estimated willingness to pay for recovering and downlisting the 8 species from these data. Respondents were willing to pay for recovering and downlisting threatened and endangered marine taxa. Willingness‐to‐pay values ranged from $40/household for recovering Puget Sound Chinook salmon to $73/household for recovering the North Pacific right whale. Statistical comparisons among willingness‐to‐pay values suggest that some taxa are more economically valuable than others, which suggests that the U.S. public's willingness to pay for recovery may vary by species.     

The value of urban ecosystem services in New York City: A spatially explicit multicriteria analysis of landscape scale valuation scenarios

Mapping, modeling, and valuing urban ecosystem services are important for integrating the ecosystem services concept in urban planning and decision-making. However, decision-support tools able to consider multiple ecosystem services in the urban setting using complex and heterogeneous data are still in early development. Here, we use New York City (NYC) as a case study to evaluate and analyze how the value of multiple ecosystem services of urban green infrastructure shifts with shifting governance priorities. We first examined the spatial distribution of five ecosystem services – storm water absorption, carbon storage, air pollution removal, local climate regulation, and recreation – to create the first multiple ecosystem services evaluation of all green infrastructure in NYC. Then, combining an urban ecosystem services landscape approach with spatial multicriteria analysis weighting scenarios, we examine the distribution of these ecosystem services in the city. We contrast the current NYC policy preference – which is focused on heavy investment in stormwater absorption – with a valuation approach that also accounts for other ecosystem services. We find substantial differences in the spatial distribution of priority areas for green infrastructure for the valuation scenarios. Among the scenarios we examined for NYC, we find that a scenario in which only stormwater absorption is prioritized leads to the most unevenly distributed ES values. By contrast, we find least variation in ES values where stormwater absorption, local climate regulation, carbon storage, air pollution removal, and recreational potential are all weighted equally.We suggest that green infrastructure planning strategies should include all landscape components that contribute to the production of ecosystem services and consider how planning priority alternatives generate different ecosystem services values.     

The Role of Prices in Conserving Critical Natural Capital

Abstract: Until recent decades, economic decision makers have largely ignored the nonmarket benefits provided by nature, resulting in unprecedented threats to ecological life‐support functions. The economic challenge today is to decide how much ecosystem structure can be converted to economic production and how much must be conserved to provide essential ecosystem services. Many economists and a growing number of life scientists hope to address this challenge by estimating the marginal value of environmental benefits and then using this information to make economic decisions. I assessed this approach first by examining the role and effectiveness of the price mechanism in a well‐functioning market economy, second by identifying the issues that prevent markets from pricing many ecological benefits, and third by focusing on problems inherent to valuing services generated by complex and poorly understood ecosystems subject to irreversible change. I then focus on critical natural capital (CNC), which generates benefits that are essential to human welfare and have few if any substitutes. When imminent ecological thresholds threaten CNC, conservation is essential and marginal valuation becomes inappropriate. Once conservation needs have been met, remaining ecosystem structure is potentially available for economic production. Demand for this available supply will determine prices. In other words, conservation needs should be price determining, not price determined. Conservation science must help identify CNC and the quantity and quality of ecosystem structure required to ensure its sustained provision.     

Quantification and valuation of ecosystem services in diverse production systems for informed decision-making

The empirical evidence of decline in ecosystem services (ES) over the last century has reinforced the call for ES quantification, monitoring and valuation. Usually, only provisioning ES are marketable and accounted for, whereas regulating, supporting and cultural ES are typically non-marketable and overlooked in connection with land-use or management decisions. The objective of this study was to quantify and value total ES (marketable and non-marketable) of diverse production systems and management intensities in Denmark to provide a basis for decisions based on economic values. The production systems were conventional wheat (Cwheat), a combined food and energy (CFE) production system and beech forest. Marketable (provisioning ES) and non-marketable ES (supporting, regulating and cultural) ES were quantified by dedicated on-site field measurements supplemented by literature data. The value of total ES was highest in CFE (US$ 3142 ha⁻¹ yr⁻¹) followed by Cwheat (US$ 2767 ha⁻¹ yr⁻¹) and beech forest (US$ 2328 ha⁻¹ yr⁻¹). As the production system shifted from Cwheat - CFE–beech, the marketable ES share decreased from 88% to 75% in CFE and 55% in beech whereas the non-marketable ES share increased to 12%, 25% and 45% of total ES in Cwheat, CFE and beech respectively, demonstrating production system and management effects on ES values. Total ES valuation, disintegrated into marketable and non-marketable share is a potential way forward to value ES and ‘tune’ our production systems for enhanced ES provision. Such monetary valuation can be used by policy makers and land managers as a tool to assess ES value and monitor the sustained flow of ES. The application of ES-based valuation for land management can enhance ES provision for maintaining the productive capacity of the land without depending on the external fossil-based fertilizer and chemical input.     

Integrating economic landscape valuation into Mediterranean territorial planning

Recent and rapid landscape changes have occurred over large areas in Mediterranean Basin. Wildfires and human activities are the most important disturbances at landscape-level due to their ecological and socio-economic impacts. The increasing demand which society places on the forest landscapes has led us to develop a tool to identify the economic landscape value around natural protected areas. Our research focused on the integration of social, ecological and economic components of landscape management based on stated social preferences and contingent valuation method (CVM). Landscape value research has been motivated by the need to assist land use planning and environmental management.Geographic Information Systems (GIS) have provided new opportunities to spatially distributed modeling of landscape quality. Correlations were found between the representativeness of the landscape and its sense of belonging, and the contingent rating. Landscape with intensive agricultural practices and mining areas were the least preferred landscapes. There was a notable variation in the economic landscape value attributed to the study area based on the considered CVM scenario, ranging from 1,253,075.1 Euros to 3,650,827.8 Euros. We added the geospatial allocation of willingness to pay according to five landscape quality categories. Our approach could be used to identify priority areas for conservation based on maximizing landscape value, and would be useful in detecting interesting or conflict areas associated with new management and planning alternatives. In this sense, this approach offers managers to seek territorial management strategies to increase economic efficiency in the allocation of resources.