Table of Contents

Handbook on the Economics of Ecosystem Services and Biodiversity

Handbook on the Economics of Ecosystem Services and Biodiversity

Elgar original reference

Edited by Paulo A.L.D. Nunes, Pushpam Kumar and Tom Dedeurwaerdere

In recent years, there has been a marked proliferation in the literature on economic approaches to ecosystem management, which has created a subsequent need for real understanding of the scope and the limits of the economic approaches to ecosystems and biodiversity. Within this Handbook, carefully commissioned original contributions from acknowledged experts in the field address the new concepts and their applications, identify knowledge gaps and provide authoritative recommendations.

Chapter 10: Quantifying and valuing ecosystem services: an application of ARIES to the San Pedro River Basin, USA

Kenneth J. Bagstad, Darius Semmens, Ferdinando Villa and Gary W. Johnson

Subjects: economics and finance, environmental economics, environment, ecological economics, environmental economics


A large body of research exists that identifies and values ecosystem services - the benefits that ecosystems provide to humans (MA, 2005) - and their underlying ecological processes. However, the development of software decision support tools that integrate ecology, economics and geography that can be independently used within the public, private, academic and NGO sectors is a more recent phenomenon (Ruhl et al., 2007; Daily et al., 2009). Spurred by growing demand for more sophisticated analysis of the social and economic consequences of land management decisions, the US Department of Interior - Bureau of Land Management (BLM) launched a pilot project with the US Geological Survey (USGS) to assess the usefulness and feasibility of ecosystem service assessment and valuation tools to provide inputs to decision-making. The project analysed ecosystem services in the US portion of the San Pedro River watershed, which includes the BLM-managed San Pedro Riparian National Conservation Area (SPRNCA), to improve the understanding of complex social and ecological relationships that transcend administrative divisions. The BLM manages some 99 million hectares, primarily in the western United States, and 283 million hectares of sub-surface mineral estate. BLM's multiple-use mission requires that it appropriately balance non-extractive uses such as habitat conservation, recreation and archaeological heritage protection and the extractive use of resources such as timber, oil and gas, coal, uranium, and other minerals.

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