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Ecosystem Services Valuation of Green Infrastructure

Grand Valley State University's Annis Water Resources Institute, in   cooperation with the West Michigan Strategic Alliance, is creating a   GIS-based model that loads land use types, economic values for the   ecosystem services associated with that land use type, and then   performs cost-benefit analyses of land use conversion scenarios. In   order to appropriately assess environmental policy alternatives and   the decisions that follow, it is critical to consider not only the   value of the human activity, but the value of the ecosystem services   that could be compromised. These services include: provisioning   services such as food, water, timber, fiber, and genetic resources;   regulating services such as the regulation of climate, floods,   disease, and water quality; cultural services such as recreational,   aesthetic, and spiritual benefits; and supporting services such as   soil formation, pollination, and nutrient cycling. Despite a growing   recognition of the importance of ecosystem services, their value is   often overlooked in decision-making and, to date, that value has not   been well quantified. This tool will help create a framework for how   West Michigan can measure the cost and benefit of green   infrastructure preservation. These tools will identify the economic   value of green infrastructure and its associated ecosystem services   to the region, and "monetize" those values in a way that they can be   effectively integrated into public and private market decision-  making. By valuing ecosystem services, this tool will provide a basis   for better balancing human activity and conservation, which will   inform the policy discussion and lead to better decision-making.

Status
In progress
Type
Project
Start Date
End Date
Researchers
Alan SteinmanPrincipal Investigator
Associated with 9 projects
Sterrett Isely ElaineResearcher
Associated with 3 projects
Agencies
W.K. Kellogg Foundation $ 0.00USDEstimates

Funding 1 projects for a total of $0.00
Scope of Study
Literature / Existing Data
Scale of Phenomena
Landscape
Socio-Economic
Valuation Study
Lake Basin Connecting Channels
Lake Michigan
State Province
Michigan
Annex Numbers
Pollution from Non-Point Sources
Research & Development
Annex 17
Control technologies for treatment of municipal and industrial effluents/emissions
General
Annex
  • Annex Numbers
    Annex Numbers
    Pollution from Non-Point Sources
    Research & Development
  • Annex 17
    Annex 17
    Control technologies for treatment of municipal and industrial effluents/emissions

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