Valuing Forest Ecosystem Services A Training Manual For Planners And Project Developers
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Valuing forest ecosystem services: a training manual for planners and project developers
Author: Food and Agriculture Organization of the United Nations
language: en
Publisher: Food & Agriculture Org.
Release Date: 2019-02-28
The degradation of ecosystems, including forests, and the associated loss of biodiversity, particularly due to human-induced threats and climate change, has gained increased attention from scientists and policymakers. The Millennium Ecosystem Assessment presented a new conceptual framework that puts ecosystem services at the centre and links human well-being to the impacts on ecosystems of changes in natural resources. The Economics of Ecosystems and Biodiversity initiative drew further attention to the economic benefits of conserving ecosystems and biodiversity, supporting the idea that economic instruments – if appropriately applied, developed and interpreted – can inform policy- and decision-making processes. Only a few ecosystem services, however, have explicit market value and are traded in open markets: many – especially those categorized as having “passive-use” value – remain invisible and are rarely accounted for in traditional economic systems. The failure to appropriately consider the full economic value of ecosystem services in decision making enables the continued degradation and loss of ecosystems and biodiversity. Most ecosystem services are considered public goods and tend to be overexploited by society. Many methods have been applied to the economic valuation of ecosystem services. The use of these methods, as well as the interpretation of their results, requires familiarity with the ecological, political, normative and socio-economic context and the science of economics. Recognizing, demonstrating and capturing the value of ecosystem services can play an important role in setting policy directions for ecosystem management and conservation and thus in increasing the provision of ecosystem services and their contributions to human well-being. The aim of this manual is to enhance understanding of ecosystem services and their valuation. The specific target group comprises governmental officers in planning units and field-level officers and practitioners in key government departments in Bangladesh responsible for project development, including the Ministry of Environment and Forests and its agencies. Most of the examples and case studies presented herein, therefore, are tailored to the Bangladesh context, but the general concepts, approaches and methods can be applied to a broad spectrum of situations. This manual focuses on valuing forest-related ecosystem services, including those provided by trees outside forests. It is expected to improve valuation efforts and help ensure the better use of such values in policymaking and decision making. Among other things, the manual explores the basics of financial mathematics (e.g. the time value of money; discounting; cost–benefit analysis; and profitability and risk indicators); the main methods of economic valuation; examples of the valuation of selected ecosystem services; and inputs for considering values in decision making.
Unasylva 251
Author: Food and Agriculture Organization of the United Nations
language: en
Publisher: Food & Agriculture Org.
Release Date: 2019-12-05
Water – drinkable, usable water – is likely to be one of the most limiting resources in the future, given the growing global population, the high water demand of most agricultural production systems, and the confounding effects of climate change. We need to manage water wisely – efficiently, cost-effectively and equitably – if we are to avoid the calamity of a lack of usable water supply. Forested watersheds provide an estimated 75 percent of the world’s accessible freshwater resources, on which more than half the Earth’s people depend for domestic, agricultural, industrial and environmental purposes. Forests therefore, are vital natural infrastructure, and their management can provide “nature-based solutions” for a range of water-related societal challenges. This edition of Unasylva explores that potential.
How to Correctly Assess the Value of a Forest
Author: Laurentiu Ciornei
language: en
Publisher: Cambridge Scholars Publishing
Release Date: 2025-02-26
This book represents a unique point of view of the financial evaluation of all forest ecosystem services (production, support, regulation and cultural). The financial valuation methods described in this book also refer to the contribution they make to economic sectors. The determination of the monetary value of ecosystem services was carried out using several economic valuation methods, depending on the need and relevance for the target area of the case study. A forest is all the more economically valuable the more complex the capacity of ecological systems to provide ecosystem services. The reader may find answers and results in this book to help them account for all the benefits that a forest offers.