Economic Valuation of Forest Ecosystem Services: Methodology and Monetary Estimates

A Chiabai, H Ding, Anil Markandya, P Nunes, C Travisi

Research output: Contribution to conferencePaper

Abstract

This paper offers a methodological contribution to estimate marginal values of selected ecosystem services for world forest biomes, following the Millennium Ecosystem Assessment. Economic losses from policy inaction are estimated for future scenarios in year 2050. The highest impact is expected in boreal and warm mixed forests, followed by tropical forests, which might be surprising to some who argue that the most significant loss should be in tropical forests. A detailed analysis, however, shows that this is not the case. The best estimates point to greater losses in areas where use and non-use values are highest, which includes North America.
Original languageEnglish
Publication statusPublished - Jun 2009
Event17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE) - Amsterdam
Duration: 24 Jun 200927 Jun 2009

Conference

Conference17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE)
CityAmsterdam
Period24/06/0927/06/09

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    Chiabai, A., Ding, H., Markandya, A., Nunes, P., & Travisi, C. (2009). Economic Valuation of Forest Ecosystem Services: Methodology and Monetary Estimates. Paper presented at 17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE), Amsterdam, .