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Understanding the economic value of water ecosystem services from tropical forests: A systematic review for South and Central America

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  • Ojea, Elena
  • Martin-Ortega, Julia

Abstract

There is a well-established body of literature on monetary valuation of water ecosystem services to support the case for sustaining tropical forests. However, this literature is heterogeneous in its purposes and approaches and has not been carefully compared, providing a fragmented view of the values of forest water services. This paper addresses this knowledge gap through an orderly review and a regression meta-analysis of existing valuation studies at the regional level in South and Central America. This analysis allows identifying some factors that systematically influence forest values. However, it also reveals a lack of a systematized approach to valuation and a lack of sufficiently coherent evidence. This represents a barrier for the incorporation of the values of water ecosystem services into decision-making.

Suggested Citation

  • Ojea, Elena & Martin-Ortega, Julia, 2015. "Understanding the economic value of water ecosystem services from tropical forests: A systematic review for South and Central America," Journal of Forest Economics, Elsevier, vol. 21(2), pages 97-106.
    • Handle: RePEc:eee:foreco:v:21:y:2015:i:2:p:97-106
    DOI: 10.1016/j.jfe.2015.02.001
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    Cited by:

    1. Taye, Fitalew Agimass & Folkersen, Maja Vinde & Fleming, Christopher M. & Buckwell, Andrew & Mackey, Brendan & Diwakar, K.C. & Le, Dung & Hasan, Syezlin & Ange, Chantal Saint, 2021. "The economic values of global forest ecosystem services: A meta-analysis," Ecological Economics, Elsevier, vol. 189(C).
    2. Pan, Zehua & Brouwer, Roy & Emelko, Monica B., 2022. "Correlating forested green infrastructure to water rates and adverse water quality incidents: A spatial instrumental variable regression model," Forest Policy and Economics, Elsevier, vol. 140(C).
    3. 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.
    4. Connor, Jeffery D. & Summers, David & Regan, Courtney & Abbott, Hayley & Van Der Linden, Leon & Frizenschaf, Jacqueline, 2022. "Sensitivity analysis in economic evaluation of payments for water and carbon ecosystem services," Ecosystem Services, Elsevier, vol. 54(C).
    5. Lima, Letícia Santos de & Krueger, Tobias & García-Marquez, Jaime, 2017. "Uncertainties in demonstrating environmental benefits of payments for ecosystem services," Ecosystem Services, Elsevier, vol. 27(PA), pages 139-149.
    6. Jones, Kelly W. & Mayer, Alex & Von Thaden, Juan & Berry, Z. Carter & López-Ramírez, Sergio & Salcone, Jacob & Manson, Robert H. & Asbjornsen, Heidi, 2020. "Measuring the net benefits of payments for hydrological services programs in Mexico," Ecological Economics, Elsevier, vol. 175(C).
    7. Sabina Talero Cabrejo & Erika Milena Salcedo Silva, 2020. "Aportes para el diseno de esquemas de pagos por servicios ambientales en la cuenca del lago de Tota, Colombia," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 39(69), pages 267-298, February.
    8. Tan Li & Qingguo Zhang & Ying Zhang, 2018. "Modelling a Compensation Standard for a Regional Forest Ecosystem: A Case Study in Yanqing District, Beijing, China," IJERPH, MDPI, vol. 15(4), pages 1-20, March.

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    More about this item

    Keywords

    Extractive water supply; In-stream water supply; Latin America; Meta-analysis; Service users; Water services;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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