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Uncertainty of Monetary Valued Ecosystem Services – Value Transfer Functions for Global Mapping

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  • Stefan Schmidt
  • Ameur M Manceur
  • Ralf Seppelt

Abstract

Growing demand of resources increases pressure on ecosystem services (ES) and biodiversity. Monetary valuation of ES is frequently seen as a decision-support tool by providing explicit values for unconsidered, non-market goods and services. Here we present global value transfer functions by using a meta-analytic framework for the synthesis of 194 case studies capturing 839 monetary values of ES. For 12 ES the variance of monetary values could be explained with a subset of 93 study- and site-specific variables by utilizing boosted regression trees. This provides the first global quantification of uncertainties and transferability of monetary valuations. Models explain from 18% (water provision) to 44% (food provision) of variance and provide statistically reliable extrapolations for 70% (water provision) to 91% (food provision) of the terrestrial earth surface. Although the application of different valuation methods is a source of uncertainty, we found evidence that assuming homogeneity of ecosystems is a major error in value transfer function models. Food provision is positively correlated with better life domains and variables indicating positive conditions for human well-being. Water provision and recreation service show that weak ownerships affect valuation of other common goods negatively (e.g. non-privately owned forests). Furthermore, we found support for the shifting baseline hypothesis in valuing climate regulation. Ecological conditions and societal vulnerability determine valuation of extreme event prevention. Valuation of habitat services is negatively correlated with indicators characterizing less favorable areas. Our analysis represents a stepping stone to establish a standardized integration of and reporting on uncertainties for reliable and valid benefit transfer as an important component for decision support.

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  • Stefan Schmidt & Ameur M Manceur & Ralf Seppelt, 2016. "Uncertainty of Monetary Valued Ecosystem Services – Value Transfer Functions for Global Mapping," PLOS ONE, Public Library of Science, vol. 11(3), pages 1-22, March.
  • Handle: RePEc:plo:pone00:0148524
    DOI: 10.1371/journal.pone.0148524
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    2. Bryan, Brett A. & Ye, Yanqiong & Zhang, Jia'en & Connor, Jeffery D., 2018. "Land-use change impacts on ecosystem services value: Incorporating the scarcity effects of supply and demand dynamics," Ecosystem Services, Elsevier, vol. 32(PA), pages 144-157.
    3. Costanza, Robert & de Groot, Rudolf & Braat, Leon & Kubiszewski, Ida & Fioramonti, Lorenzo & Sutton, Paul & Farber, Steve & Grasso, Monica, 2017. "Twenty years of ecosystem services: How far have we come and how far do we still need to go?," Ecosystem Services, Elsevier, vol. 28(PA), pages 1-16.
    4. Schild, Johanna E.M. & Vermaat, Jan E. & de Groot, Rudolf S. & Quatrini, Simone & van Bodegom, Peter M., 2018. "A global meta-analysis on the monetary valuation of dryland ecosystem services: The role of socio-economic, environmental and methodological indicators," Ecosystem Services, Elsevier, vol. 32(PA), pages 78-89.
    5. Schmidt, Stefan & Seppelt, Ralf, 2018. "Information content of global ecosystem service databases and their suitability for decision advice," Ecosystem Services, Elsevier, vol. 32(PA), pages 22-40.
    6. Anderson, Sharolyn J. & Ankor, Briony L. & Sutton, Paul C., 2017. "Ecosystem service valuations of South Africa using a variety of land cover data sources and resolutions," Ecosystem Services, Elsevier, vol. 27(PB), pages 173-178.
    7. Ashley, Richard & Gersonius, Berry & Digman, Christopher & Horton, Bruce & Smith, Brian & Shaffer, Paul, 2018. "Including uncertainty in valuing blue and green infrastructure for stormwater management," Ecosystem Services, Elsevier, vol. 33(PB), pages 237-246.
    8. Jiang, Wei & Wu, Tong & Fu, Bojie, 2021. "The value of ecosystem services in China: A systematic review for twenty years," Ecosystem Services, Elsevier, vol. 52(C).
    9. Hynes, Stephen & O'Donoghue, Cathal, 2019. "Estimating the value of achieving good ecological status across Irish water catchments using value transfer," Working Papers 309538, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    10. Sutton, Paul C. & Anderson, Sharolyn J. & Costanza, Robert & Kubiszewski, Ida, 2016. "The ecological economics of land degradation: Impacts on ecosystem service values," Ecological Economics, Elsevier, vol. 129(C), pages 182-192.
    11. Omaid Najmuddin & Zhihui Li & Rabnawaz Khan & Weiqing Zhuang, 2022. "Valuation of Land-Use/Land-Cover-Based Ecosystem Services in Afghanistan—An Assessment of the Past and Future," Land, MDPI, vol. 11(11), pages 1-32, October.
    12. Juan F. Velasco-Munoz & José A. Aznar-Sánchez & Marina Schoenemann & Belén López-Felices, 2022. "The economic valuation of ecosystem services: bibliometric analysis," Oeconomia Copernicana, Institute of Economic Research, vol. 13(4), pages 977-1014, December.
    13. Jianxin Geng & Chengzhi Liang, 2021. "Analysis of the Internal Relationship between Ecological Value and Economic Value Based on the Forest Resources in China," Sustainability, MDPI, vol. 13(12), pages 1-17, June.
    14. Ramel, Cindy & Rey, Pierre-Louis & Fernandes, Rui & Vincent, Claire & Cardoso, Ana R. & Broennimann, Olivier & Pellissier, Loïc & Pradervand, Jean-Nicolas & Ursenbacher, Sylvain & Schmidt, Benedikt R, 2020. "Integrating ecosystem services within spatial biodiversity conservation prioritization in the Alps," Ecosystem Services, Elsevier, vol. 45(C).
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