Valuing Ecosystem Services: Toward Better Environmental Decision-Making

National Research Council

doi:10.17226/11139

Consensus Study Report

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Valuing Ecosystem Services

Toward Better Environmental Decision-Making

(2005)

Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem services—even intangible ones—and calls for greater collaboration between ecologists and economists in such efforts.

Contributor(s): National Research Council; Division on Earth and Life Studies; Water Science and Technology Board; Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems

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Suggested Citation

National Research Council. 2005. Valuing Ecosystem Services: Toward Better Environmental Decision-Making. Washington, DC: The National Academies Press. https://doi.org/10.17226/11139.

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Publication Info

290 pages | 6 x 9 |

ISBNs:

Paperback: 978-0-309-09318-7
Ebook: 978-0-309-13345-6

DOI: https://doi.org/10.17226/11139

Chapters		skim
Front Matter	i-xii
Executive Summary	1-16
1 Introduction	17-32
2 The Meaning of Value and Use of Economic Valuation in the Environmental Policy Decision-Making Process	33-58
3 Aquatic and Related Terrestrial Ecosystems	59-94
4 Methods of Nonmarket Valuation	95-152
5 Translating Ecosystem Functions to the Value of Ecosystem Services: Case Studies	153-208
6 Judgement, Uncertainty, and Valuation	209-238
7 Ecosystem Valuation: Synthesis and Future Directions	239-260
Appendix A: Summary of Related NRC Reports	261-265
Appendix B: Household Production Function Models	266-269
Appendix C: Production Function Models	270-273
Appendix D: Committee and Staff Biographical Information	274-278

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