Economic Valuation of Ecosystem Services

Economic valuation of ecosystem services results in the determination of a value for a particular good or service in a certain context (e.g., of decision making) (Maes et al. 2014; van der Ploeg et al. 2010)1) 2).

The AlpES project does not elaborate an economic evaluation of ecosystem services. It can be a potential next step after a physical assessment of ES. In the pilot regions regional economic valuations or estimation of economic values may be carried out.

see also: Economic Valuation

1)
Maes, J.; Teller, A.; Erhard, M.; Murphy, P.; Paracchini, M. L.; Barredo, J. I. et al. (2014): Mapping and assessment of ecosystems and their services. Indicators for ecosystem assessments under action 5 of the EU biodiversity strategy to 2020 : 2nd report - final, February 2014. Luxembourg: Publications Office (Technical Report, 2014-080).
2)
van der Ploeg, S.; Groot, D. de & Wang, Y. (2010): The TEEB Valuation Database: overview of structure, data and results. Final report December 2010, Foundation for Sustainable Development. Wageningen, checked on 7/21/2016.