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Economic Value of Ecosystem Services Ecosystem Planning Team Michael Perrone & Emily Alejandrino

Ecosystem Planning Team Michael Perrone & Emily Alejandrino

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Page 1: Ecosystem Planning Team Michael Perrone & Emily Alejandrino

Economic Value of Ecosystem Services

Ecosystem Planning TeamMichael Perrone &Emily Alejandrino

Page 2: Ecosystem Planning Team Michael Perrone & Emily Alejandrino

Constructed facilities replace lost goods and services

Cost of facilities = measure of ecosystem value

Include construction, land, O&M costs

Technical Approach

Page 3: Ecosystem Planning Team Michael Perrone & Emily Alejandrino

Fish Erosion control by floodplains Clean water Groundwater recharge

Nature’s Goods and Services

Page 4: Ecosystem Planning Team Michael Perrone & Emily Alejandrino

Fish hatcheries Riprap on levees Water treatment plants Recharge basins

Constructed substitutes

Page 5: Ecosystem Planning Team Michael Perrone & Emily Alejandrino

7 hatcheries for salmon and steelhead◦ O&M = $7.3 million/year◦ New hatchery = $10-30 million◦ Today’s cost to build = up to $210 million

Example – Fish Hatchery