Valuing ecosystem services using benefit transfer: separating credible and incredible approaches

Loomis, John; Richardson, Leslie; Kroeger, Timm; Casey, Frank

doi:10.4337/9781781955161.00014

Cited by 4 publications

(7 citation statements)

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“…Moreover, in addition to overcoming time and funding restrictions, we aim to show with this paper that benefit transfer applications can explicitly surmount political closure of environmental debate over the impacts of "development" and other land-use and environmental change. While we agree with the sentiments of Loomis and colleagues that it is important to separate credible from incredible approaches to ES valuation, this is easier said than done, as an estimate or method that is "credible" to one person is often "incredible" to another [83]. The more than 300 peerreviewed studies in the TEEB database [69] produced value estimates for ecosystem services using a variety of methods including market value, avoided cost, hedonic pricing, replacement cost, and contingent valuation.…”

Section: Resultsmentioning

confidence: 60%

“…While we agree with the sentiments of Loomis and colleagues that it is important to separate credible from incredible approaches to ES valuation, this is easier said than done, as an estimate or method that is "credible" to one person is often "incredible" to another [83]. The more than 300 peer-reviewed studies in the TEEB database [69] produced value estimates for ecosystem services using a variety of methods including market value, avoided cost, hedonic pricing, replacement cost, and contingent valuation.…”

Section: Benefit Transfermentioning

confidence: 60%

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Revisiting Ecosystem Services: Assessment and Valuation as Starting Points for Environmental Politics

Jadhav¹,

Anderson

Dyer

et al. 2017

Sustainability

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Abstract:The paradigm of ecosystem services (ES) and the methods of monetary valuation have become boundary objects, spanning disciplines and earning particular purchase in policy circles. However, the notion of ES and ES valuation have also been subjected to multiple critiques, ranging from their varying precision to the potential for neoliberalization of nature. This paper does not attempt to refute such critiques but rather revisits the potentials of the ES paradigm and the specific method of benefit transfer valuation for their utility as a form of environmental politics and sustainability practice. We find they have particular relevance in contexts where "data" are not readily available or are not legible to policy makers as well as where the imperative of "development" remains ideological. We argue for ES assessment and, specifically, rapid ES valuation as a first-pass tactic to inform evaluation of potentially environmentally degrading projects or environmental management. We demonstrate this using a simple benefit transfer analysis to offer an initial evaluation of (wet) landscape ES in a lightly touched estuary in Karnataka, India, where a state-backed proposal to develop an industrial shipping port is gathering steam. While we recognize and do not categorically reject critiques of the ES paradigm, we nonetheless argue for valuation as a starting point for politics that highlight and make visible ES benefits and users implicated by "development" and other kinds of environmental change.

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Section: Resultsmentioning

confidence: 60%

Section: Benefit Transfermentioning

confidence: 60%

Revisiting Ecosystem Services: Assessment and Valuation as Starting Points for Environmental Politics

Jadhav¹,

Anderson

Dyer

et al. 2017

Sustainability

View full text Add to dashboard Cite

show abstract

“…Given this drawback, the question arises whether ( [18], p. 83) and other proponents of meta-regression analysis are right when claiming that this approach is "one of the biggest advances in benefit transfer".…”

Section: Benefit Transfermentioning

confidence: 99%

“…There are different kinds of benefit transfer variants discussed in the literature, namely value transfer and benefit function transfer (cf., [18]). Value transfer is the simplest variant; it consists of transferring a WTP point estimate for a particular environmental good identified in the literature to a policy site for which the value of the same (or a similar) environmental good is needed.…”

Section: Benefit Transfermentioning

confidence: 99%

“…Meta-analysis typically encompasses the following steps (cf., [18]): first, researchers collect all available environmental valuation studies on the environmental good in question (e.g., a particular ecosystem, national parks, etc. ); second, they create a dataset by coding these studies with respect to WTP per unit, attributes of the study site like the quantity of the environmental good available or the availability of substitute goods (e.g., proximity to other similar ecosystems or national parks), the methodological details of the studies (e.g., stated or revealed preference methods, survey mode, sampling approach, etc.)…”

Section: Benefit Transfermentioning

confidence: 99%

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Towards a Comprehensive Valuation of Water Management Projects When Data Availability Is Incomplete—The Use of Benefit Transfer Techniques

Ahlheim

Frör

Luo

et al. 2015

Water

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Early Intervention Strategies for Invasive Species Management: Connections Between Risk Assessment, Prevention Efforts, Eradication, and Other Rapid Responses

Venette

Gordon

Juzwik

et al. 2021

Invasive Species in Forests and Rangelands of the United States

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Managing invasive species becomes increasingly difficult and expensive as populations of new pathogens, plants, insects, and other animals (i.e., pests) spread and reach high densities. Research over the past decade confirms the value of early intervention strategies intended to (1) prevent invasive species from arriving within an endangered area or (2) detect and respond quickly to new species incursions (Baker et al. 2009; Ewel et al. 1999; Holden et al. 2016; Leung et al. 2014). The goal of such biosecurity approaches is to keep or return the density of invasive species to zero so that damages from those pests might be prevented or to confine populations to localized areas so that damage from those species might be limited (Magarey et al. 2009). Prediction, prevention, early detection, eradication, and other rapid responses, all components of proactive management, are less costly and more effective than reactive tactics (Epanchin-Niell and Liebhold 2015; Leung et al. 2002; Lodge et al. 2006; Rout et al. 2014) (Fig. 6.1). Prediction is achieved through risk assessment (a process to forecast the likelihood and consequence of an invasion) and pathway analysis (a process to evaluate the means by which invasive species might be brought into an area of concern). Prevention is achieved through a variety of measures including regulations and quarantine treatments. Indeed, pathway analyses and subsequent regulation of those pathways are considered “the frontline in the prevention of biological invasions” (Hulme 2009) and cost-effective approaches (Essl et al. 2015; Keller et al. 2007; Leung et al. 2002; Tidbury et al. 2016). Surveillance is fundamental to early detection, and if a target species is detected, the primary rapid responses are eradication, containment, or suppression (reviewed in Beric and MacIsaac 2015). Early intervention strategies often operate at spatial scales that are much greater than the scale at which most land managers operate. Success thus requires effective coordination among researchers, regulators, and managers at international, national, sub-national, and local levels.

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Valuing ecosystem services using benefit transfer: separating credible and incredible approaches

Cited by 4 publications

References 0 publications

Revisiting Ecosystem Services: Assessment and Valuation as Starting Points for Environmental Politics

Revisiting Ecosystem Services: Assessment and Valuation as Starting Points for Environmental Politics

Towards a Comprehensive Valuation of Water Management Projects When Data Availability Is Incomplete—The Use of Benefit Transfer Techniques

Early Intervention Strategies for Invasive Species Management: Connections Between Risk Assessment, Prevention Efforts, Eradication, and Other Rapid Responses

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