Realizing the Potential of Ecosystem Services: A Framework for Relating Ecological Changes to Economic Benefits

Authors:
Wainger, L. and M. Mazzotta

Publication Date:
2011

Abstract/Summary:
Here, we describe a step-by-step framework for producing ecological models and metrics that can effectively serve an economic-benefits assessment of a proposed change in policy or management. A focus of the framework is developing comparable units of ecosystem goods and services to support decision-making, even if outcomes cannot be monetized. Because the challenges to translating ecological changes to outcomes appropriate for economic analyses are many, we discuss examples that demonstrate practical methods and approaches to overcoming data limitations.

Resource Type:
Peer-reviewed Article

Source:
Environmental Management

Link:
http://waingerlab.cbl.umces.edu/docs/Wainger_Mazzotta_2011_eprint.pdf