IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v46y2020ics2212041620301443.html
   My bibliography  Save this article

Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches

Author

Listed:
  • Banerjee, Onil
  • Crossman, Neville
  • Vargas, Renato
  • Brander, Luke
  • Verburg, Peter
  • Cicowiez, Martin
  • Hauck, Jennifer
  • McKenzie, Emily

Abstract

The year 2020 is a critical year for sustainable development policy and practice with the review and renewal of various international commitments including the Sustainable Development Goals, the Convention on Biological Diversity and the Paris Agreement. The post-2020 agenda needs to be informed by more robust analytical approaches that capture the interactions between the economy, society and the environment. In this paper, we review the state of the art in available models and datasets that lay the groundwork for future analytical work to inform this agenda. Based on this review, we propose an integrated modeling approach for global analysis to underpin international policy discourse and advocacy, and; a sub-global approach focusing on evaluating specific strategies and policy portfolios to make progress toward sustainability commitments considering detailed local country context. Both approaches rely on integrating whole of economy computable general equilibrium models with spatial land use land cover and ecosystem services models. Endogenizing feedbacks between modeling system components ensures that evidence is based on interactions between all system components. Recent advances in methods, data and available tools discussed herein reduce barriers to entry for this type of complex systems analysis and increases the timeliness of policy advice.

Suggested Citation

  • Banerjee, Onil & Crossman, Neville & Vargas, Renato & Brander, Luke & Verburg, Peter & Cicowiez, Martin & Hauck, Jennifer & McKenzie, Emily, 2020. "Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches," Ecosystem Services, Elsevier, vol. 46(C).
    • Handle: RePEc:eee:ecoser:v:46:y:2020:i:c:s2212041620301443
    DOI: 10.1016/j.ecoser.2020.101202
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041620301443
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2020.101202?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Barry B. Hughes & Mohammod T. Irfan & Jonathan D. Moyer & Dale S. Rothman & José R. Solórzano, 2012. "Exploring Future Impacts of Environmental Constraints on Human Development," Sustainability, MDPI, vol. 4(5), pages 1-37, May.
    2. Wiedmann, Thomas & Lenzen, Manfred, 2007. "On the conversion between local and global hectares in Ecological Footprint analysis," Ecological Economics, Elsevier, vol. 60(4), pages 673-677, February.
    3. de Groot, Rudolf & Brander, Luke & van der Ploeg, Sander & Costanza, Robert & Bernard, Florence & Braat, Leon & Christie, Mike & Crossman, Neville & Ghermandi, Andrea & Hein, Lars & Hussain, Salman & , 2012. "Global estimates of the value of ecosystems and their services in monetary units," Ecosystem Services, Elsevier, vol. 1(1), pages 50-61.
    4. Hertel, Thomas & Lee, Huey-Lin & Rose, Steven & Sohngen, Brent, 2008. "Modeling Land-use Related Greenhouse Gas Sources and Sinks and their Mitigation Potential," GTAP Working Papers 2605, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    5. Mark D. A. Rounsevell & Marc J. Metzger, 2010. "Developing qualitative scenario storylines for environmental change assessment," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 1(4), pages 606-619, July.
    6. Crossman, Neville D. & Burkhard, Benjamin & Nedkov, Stoyan & Willemen, Louise & Petz, Katalin & Palomo, Ignacio & Drakou, Evangelia G. & Martín-Lopez, Berta & McPhearson, Timon & Boyanova, Kremena & , 2013. "A blueprint for mapping and modelling ecosystem services," Ecosystem Services, Elsevier, vol. 4(C), pages 4-14.
    7. Desvouges, William H. & Naughton, Michael C. & Parsons, George R., 1992. "Benefits transfer: conceptual problems in estimating water quality benefits using existing studies," MPRA Paper 36405, University Library of Munich, Germany.
    8. Onil Banerjee & Rosalind Bark, 2013. "Incentives for ecosystem service supply in Australia's Murray-Darling Basin," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 29(4), pages 544-556, December.
    9. Luke Brander & Ingo Bräuer & Holger Gerdes & Andrea Ghermandi & Onno Kuik & Anil Markandya & Ståle Navrud & Paulo Nunes & Marije Schaafsma & Hans Vos & Alfred Wagtendonk, 2012. "Using Meta-Analysis and GIS for Value Transfer and Scaling Up: Valuing Climate Change Induced Losses of European Wetlands," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(3), pages 395-413, July.
    10. Schägner, Jan Philipp & Brander, Luke & Maes, Joachim & Hartje, Volkmar, 2013. "Mapping ecosystem services' values: Current practice and future prospects," Ecosystem Services, Elsevier, vol. 4(C), pages 33-46.
    11. Deybe, D., 1998. "Can agricultural sector models be a tool for policy analysis? An application for the case of Burkina Faso," Agricultural Systems, Elsevier, vol. 58(3), pages 367-380, November.
    12. Panos Panagos & Pasquale Borrelli & David A. Robinson, 2015. "Tackling soil loss across Europe," Nature, Nature, vol. 526(7572), pages 195-195, October.
    13. Arrow, Kenneth J. & Dasgupta, Partha & Goulder, Lawrence H. & Mumford, Kevin J. & Oleson, Kirsten, 2012. "Sustainability and the measurement of wealth," Environment and Development Economics, Cambridge University Press, vol. 17(3), pages 317-353, June.
    14. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December.
    15. Liu, Shuang & Stern, David I., 2008. "A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems," MPRA Paper 11608, University Library of Munich, Germany.
    16. Aline Chiabai & Chiara Travisi & Anil Markandya & Helen Ding & Paulo Nunes, 2011. "Economic Assessment of Forest Ecosystem Services Losses: Cost of Policy Inaction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(3), pages 405-445, November.
    17. Barrio, Melina & Loureiro, Maria L., 2010. "A meta-analysis of contingent valuation forest studies," Ecological Economics, Elsevier, vol. 69(5), pages 1023-1030, March.
    18. McDougall, Robert & Alla Golub, 2007. "GTAP-E: A Revised Energy-Environmental Version of the GTAP Model," GTAP Research Memoranda 2959, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    19. Johnson, Justin Andrew & Baldos, Uris Lantz & Hertel, Thomas & Nootenboom, Chris & Polasky, Stephen & Roxburgh, Toby, 2020. "Global Futures: Modelling the global economic impacts of environmental change to support policy-making," Technical Papers 323944, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Carl Obst & Michael Vardon, 2014. "Recording environmental assets in the national accounts," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(1), pages 126-144.
    21. Burniaux, Jean-Marc & Truong Truong, 2002. "GTAP-E: An Energy-Environmental Version of the GTAP Model," GTAP Technical Papers 923, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    22. Burniaux, Jean-March & Truong, Truong P., 2002. "Gtap-E: An Energy-Environmental Version Of The Gtap Model," Technical Papers 28705, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    23. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
    24. Peter Verburg & Bas Eickhout & Hans Meijl, 2008. "A multi-scale, multi-model approach for analyzing the future dynamics of European land use," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(1), pages 57-77, March.
    25. Onil Banerjee & Martin Cicowiez & Renato Vargas & Mark Horridge, 2019. "The SEEA-Based Integrated Economic-Environmental Modelling Framework: An Illustration with Guatemala’s Forest and Fuelwood Sector," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(2), pages 539-558, February.
    26. David Pimentel, 2006. "Soil Erosion: A Food and Environmental Threat," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 8(1), pages 119-137, February.
    27. Robert J. Johnston & Kevin J. Boyle & Wiktor (Vic) Adamowicz & Jeff Bennett & Roy Brouwer & Trudy Ann Cameron & W. Michael Hanemann & Nick Hanley & Mandy Ryan & Riccardo Scarpa & Roger Tourangeau & Ch, 2017. "Contemporary Guidance for Stated Preference Studies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(2), pages 319-405.
    28. Glenn-Marie Lange & Quentin Wodon & Kevin Carey, 2018. "The Changing Wealth of Nations 2018," World Bank Publications - Books, The World Bank Group, number 29001, December.
    29. Banerjee, Onil & Cicowiez, Martin & Horridge, Mark & Vargas, Renato, 2019. "Evaluating synergies and trade-offs in achieving the SDGs of zero hunger and clean water and sanitation: An application of the IEEM Platform to Guatemala," Ecological Economics, Elsevier, vol. 161(C), pages 280-291.
    30. Thomas Wiedmann & John Barrett, 2013. "Policy-Relevant Applications Of Environmentally Extended Mrio Databases - Experiences From The Uk," Economic Systems Research, Taylor & Francis Journals, vol. 25(1), pages 143-156, March.
    31. Maria Berrittella & Katrin Rehdanz & Roberto Roson & Richard S.J. Tol, 2006. "The Economic Impact Of Water Pricing: A Computable General Equilibrium Analysis," Working Papers FNU-96, Research unit Sustainability and Global Change, Hamburg University, revised Jan 2006.
    32. Deybe, Daniel & Flichman, Guillermo, 1991. "A regional agricultural model using a plant growth simulation program as activities generator-- an application to a region in Argentina," Agricultural Systems, Elsevier, vol. 37(4), pages 369-385.
    33. Federico Montesino Pouzols & Tuuli Toivonen & Enrico Di Minin & Aija S. Kukkala & Peter Kullberg & Johanna Kuusterä & Joona Lehtomäki & Henrikki Tenkanen & Peter H. Verburg & Atte Moilanen, 2014. "Global protected area expansion is compromised by projected land-use and parochialism," Nature, Nature, vol. 516(7531), pages 383-386, December.
    34. Thomas Wiedmann & John Barrett, 2010. "A Review of the Ecological Footprint Indicator—Perceptions and Methods," Sustainability, MDPI, vol. 2(6), pages 1-49, June.
    35. Tomislav Hengl & Jorge Mendes de Jesus & Gerard B M Heuvelink & Maria Ruiperez Gonzalez & Milan Kilibarda & Aleksandar Blagotić & Wei Shangguan & Marvin N Wright & Xiaoyuan Geng & Bernhard Bauer-Marsc, 2017. "SoilGrids250m: Global gridded soil information based on machine learning," PLOS ONE, Public Library of Science, vol. 12(2), pages 1-40, February.
    36. Manfred Lenzen & Daniel Moran & Keiichiro Kanemoto & Arne Geschke, 2013. "Building Eora: A Global Multi-Region Input-Output Database At High Country And Sector Resolution," Economic Systems Research, Taylor & Francis Journals, vol. 25(1), pages 20-49, March.
    37. Onil Banerjee & Martin Cicowiez & Renato Vargas & Mark Horridge, 2019. "Construction of an Extended Environmental and Economic Social Accounting Matrix from a Practitioner’s Perspective," CEDLAS, Working Papers 0253, CEDLAS, Universidad Nacional de La Plata.
    38. Ferdinando Villa & Kenneth J Bagstad & Brian Voigt & Gary W Johnson & Rosimeiry Portela & Miroslav Honzák & David Batker, 2014. "A Methodology for Adaptable and Robust Ecosystem Services Assessment," PLOS ONE, Public Library of Science, vol. 9(3), pages 1-18, March.
    39. Steinbuks, Jevgenijs & Thomas Hertel, 2012. "Forest, Agriculture, and Biofuels in a Land use model with Environmental services (FABLE)," GTAP Working Papers 3988, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    40. Ghermandi, Andrea & Nunes, Paulo A.L.D., 2013. "A global map of coastal recreation values: Results from a spatially explicit meta-analysis," Ecological Economics, Elsevier, vol. 86(C), pages 1-15.
    41. Onil Banerjee & Martin Cicowiez & Mark Horridge & Renato Vargas, 2016. "A Conceptual Framework for Integrated Economic-Environmental Modelling," CEDLAS, Working Papers 0202, CEDLAS, Universidad Nacional de La Plata.
    42. Havlík, Petr & Schneider, Uwe A. & Schmid, Erwin & Böttcher, Hannes & Fritz, Steffen & Skalský, Rastislav & Aoki, Kentaro & Cara, Stéphane De & Kindermann, Georg & Kraxner, Florian & Leduc, Sylvain & , 2011. "Global land-use implications of first and second generation biofuel targets," Energy Policy, Elsevier, vol. 39(10), pages 5690-5702, October.
    43. Kehoe,Timothy J. & Srinivasan,T. N. & Whalley,John (ed.), 2005. "Frontiers in Applied General Equilibrium Modeling," Cambridge Books, Cambridge University Press, number 9780521825252.
    44. Steinbuks, Jevgenijs & Thomas Hertel, 2012. "Forest, Agriculture, and Biofuels in a Land use model with Environmental services (FABLE)," GTAP Working Papers 3988, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    45. Erwin Corong & Thomas Hertel & Robert McDougall & Marinos Tsigas & Dominique van der Mensbrugghe, 2017. "The Standard GTAP Model, version 7," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 2(1), pages 1-119, June.
    46. T. D. Stanley, 2001. "Wheat from Chaff: Meta-analysis as Quantitative Literature Review," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 131-150, Summer.
    47. Elena Ojea & Paulo Nunes & Maria Loureiro, 2010. "Mapping Biodiversity Indicators and Assessing Biodiversity Values in Global Forests," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(3), pages 329-347, November.
    48. Pasquale Borrelli & David A. Robinson & Larissa R. Fleischer & Emanuele Lugato & Cristiano Ballabio & Christine Alewell & Katrin Meusburger & Sirio Modugno & Brigitta Schütt & Vito Ferro & Vincenzo Ba, 2017. "An assessment of the global impact of 21st century land use change on soil erosion," Nature Communications, Nature, vol. 8(1), pages 1-13, December.
    49. Hein, Lars & Remme, Roy P. & Schenau, Sjoerd & Bogaart, Patrick W. & Lof, Marjolein E. & Horlings, Edwin, 2020. "Ecosystem accounting in the Netherlands," Ecosystem Services, Elsevier, vol. 44(C).
    50. Angel Aguiar & Maksym Chepeliev & Erwin L. Corong & Robert McDougall & Dominique van der Mensbrugghe, 2019. "The GTAP Data Base: Version 10," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(1), pages 1-27, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Banerjee, Onil & Cicowiez, Martin & Vargas, Renato & Obst, Carl & Cala, Javier Rojas & Alvarez-Espinosa, Andrés Camilo & Melo, Sioux & Riveros, Leidy & Romero, Germán & Meneses, Diego Sáenz, 2021. "Gross domestic product alone provides misleading policy guidance for post-conflict land use trajectories in Colombia," Ecological Economics, Elsevier, vol. 182(C).
    2. Bagstad, Kenneth J. & Ingram, Jane Carter & Shapiro, Carl D. & La Notte, Alessandra & Maes, Joachim & Vallecillo, Sara & Casey, C. Frank & Glynn, Pierre D. & Heris, Mehdi P. & Johnson, Justin A. & Lau, 2021. "Lessons learned from development of natural capital accounts in the United States and European Union," Ecosystem Services, Elsevier, vol. 52(C).
    3. Léa Tardieu, 2017. "The need for integrated spatial assessments in ecosystem service mapping," Review of Agricultural, Food and Environmental Studies, Springer, vol. 98(3), pages 173-200, December.
    4. Pettinotti, Laetitia & de Ayala, Amaia & Ojea, Elena, 2018. "Benefits From Water Related Ecosystem Services in Africa and Climate Change," Ecological Economics, Elsevier, vol. 149(C), pages 294-305.
    5. Clora, Francesco & Yu, Wusheng & Corong, Erwin, 2023. "Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results," Energy Policy, Elsevier, vol. 174(C).
    6. Alvaro Calzadilla & Katrin Rehdanz & Richard Betts & Pete Falloon & Andy Wiltshire & Richard Tol, 2013. "Climate change impacts on global agriculture," Climatic Change, Springer, vol. 120(1), pages 357-374, September.
    7. Banerjee, Onil & Cicowiez, Martin & Horridge, Mark & Vargas, Renato, 2019. "Evaluating synergies and trade-offs in achieving the SDGs of zero hunger and clean water and sanitation: An application of the IEEM Platform to Guatemala," Ecological Economics, Elsevier, vol. 161(C), pages 280-291.
    8. Hertel, Thomas W. & Tyner, Wallace E. & Birur, Dileep K., 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," Conference papers 331729, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Chaikumbung, Mayula & Doucouliagos, Hristos & Scarborough, Helen, 2016. "The economic value of wetlands in developing countries: A meta-regression analysis," Ecological Economics, Elsevier, vol. 124(C), pages 164-174.
    10. B. Henderson & A. Golub & D. Pambudi & T. Hertel & C. Godde & M. Herrero & O. Cacho & P. Gerber, 2018. "The power and pain of market-based carbon policies: a global application to greenhouse gases from ruminant livestock production," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(3), pages 349-369, March.
    11. Tammi, Ilpo & Mustajärvi, Kaisa & Rasinmäki, Jussi, 2017. "Integrating spatial valuation of ecosystem services into regional planning and development," Ecosystem Services, Elsevier, vol. 26(PB), pages 329-344.
    12. Onil Banerjee & Martin Cicowiez & Mark Horridge & Renato Vargas, 2016. "A Conceptual Framework for Integrated Economic-Environmental Modelling," CEDLAS, Working Papers 0202, CEDLAS, Universidad Nacional de La Plata.
    13. Hynes, Stephen & Ghermandi, Andrea & Norton, Daniel & Williams, Heidi, 2018. "Marine recreational ecosystem service value estimation: A meta-analysis with cultural considerations," Ecosystem Services, Elsevier, vol. 31(PC), pages 410-419.
    14. Grammatikopoulou, Ioanna & VaÄ kářová, Davina, 2021. "The value of forest ecosystem services: A meta-analysis at the European scale and application to national ecosystem accounting," Ecosystem Services, Elsevier, vol. 48(C).
    15. Dang, Anh Nguyet & Jackson, Bethanna Marie & Benavidez, Rubianca & Tomscha, Stephanie Anne, 2021. "Review of ecosystem service assessments: Pathways for policy integration in Southeast Asia," Ecosystem Services, Elsevier, vol. 49(C).
    16. Brander, L.M. & Tankha, S. & Sovann, C. & Sanadiradze, G. & Zazanashvili, N. & Kharazishvili, D. & Memiadze, N. & Osepashvili, I. & Beruchashvili, G. & Arobelidze, N., 2018. "Mapping the economic value of landslide regulation by forests," Ecosystem Services, Elsevier, vol. 32(PA), pages 101-109.
    17. Qu, Yang & Hooper, Tara & Austen, Melanie C. & Papathanasopoulou, Eleni & Huang, Junling & Yan, Xiaoyu, 2023. "Development of a computable general equilibrium model based on integrated macroeconomic framework for ocean multi-use between offshore wind farms and fishing activities in Scotland," Applied Energy, Elsevier, vol. 332(C).
    18. Fernández-Amador, Octavio & Francois, Joseph F. & Oberdabernig, Doris A. & Tomberger, Patrick, 2023. "Energy footprints and the international trade network: A new dataset. Is the European Union doing it better?," Ecological Economics, Elsevier, vol. 204(PA).
    19. Britz, Wolfgang & Li, Jingwen & Shang, Linmei, 2021. "Combining large-scale sensitivity analysis in Computable General Equilibrium models with Machine Learning: An Example Application to policy supporting the bio-economy," Conference papers 333285, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Taheripour, Farzad & Tyner, Wallace E., 2014. "Shale oil and gas booms: Consequences for agricultural and biofuel industries," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170238, Agricultural and Applied Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:46:y:2020:i:c:s2212041620301443. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.