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Methodological approaches for the evaluation of ecosystem services

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  • Oksana Sakal

    (Public Institution "Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine", Kyiv)

Abstract

Research of adequate approaches for the evaluation of ecosystem services is an objective necessity of effective public policy for providing rational nature usage, due a wide range of provisioning, regulating and supporting and cultural ecosystem services. In this regard, the real valuation of natural resources and environmental conditions based on systemized approaches, in particular in terms of the theory of social value of natural resources and the concept of «willingness to pay» for their evaluation can become an effective instrument for the market mechanism regulation of nature usage. Is proved, that valuation of ecosystem goods and services, if taken into account both positive and negative externalities usage of natural resources, the irrational nature usage by private business, reflects the deterioration of effectiveness (profitability) of economic activity. Economic evaluation of natural resources and environmental conditions is a priority instrument for indirect state influence on the processes nature usage, creating incentives for business entities to rationalize their behavior concerning ecosystem services. The above mentioned, in complex provides incorporation the impact of ecosystem services on the public welfare. The structure of the total economic value and relevant asset of evaluation ecosystem services is researched. Highlight the benefits that are the subject of evaluation both direct and indirect use and non-use of ecosystem services. Criteria for selection an approach to the evaluation of ecosystem services are generalized. The basic methods of valuation of ecosystem services are systematized (revealed-preference; stated-preference; benefits transfer).

Suggested Citation

  • Oksana Sakal, 2016. "Methodological approaches for the evaluation of ecosystem services," Economics of Nature and the Environment, Mykhaylo Khvesyk, pages 71-78.
    • Handle: RePEc:ene:journl:y:2016:p:71-78
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    1. Costanza, Robert & d'Arge, Ralph & de Groot, Rudolf & Farber, Stephen & Grasso, Monica & Hannon, Bruce & Limburg, Karin & Naeem, Shahid & O'Neill, Robert V. & Paruelo, Jose, 1998. "The value of ecosystem services: putting the issues in perspective," Ecological Economics, Elsevier, vol. 25(1), pages 67-72, April.
    2. Costanza, Robert, 1998. "The value of ecosystem services," Ecological Economics, Elsevier, vol. 25(1), pages 1-2, April.
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