Natural Resource/Ecosystem Service Valuation
To make effective decisions regarding regulatory initiatves, protecting the environment, or allocating investments wisely—public agencies and private corporations increasingly need to incorporate financial, social, and ecological values into their natural resource decision making. In many cases, natural resource and ecosystem service values are difficult to quantify because they do not have a market price. Yet regulators and businesses still must understand their values to determine the costs, benefits and trade-offs of alternate strategies. Today, new financial opportunities are arising for land holdings as government agencies explore incentives to protect and manage environmental resources. Examples include: bank and trade systems; tax incentives; wetland and conservation banking; NRD credits; and greenhouse gas and carbon sequestration.
ENTRIX economists regularly assist natural resource managers measure the value of ecosystem services and the financial value of participating in new ecosystem service markets. We work closely with our biologists and ecologists to evaluate scientific issues, quantify the impacts of human activities on the natural environment as well as evaluate the financial, regulatory and institutional affects on ecosystems. By combining economic, ecological,and policy contexts, ENTRIX helps clients determine how to best leverage valuation and market tools to manage their environmental assets and liabilities.
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