On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting

The System of Environmental Economic Accounting - Ecosystem Accounting (SEEA EA) provides a framework for quantifying and valuing ecosystem services that is consistent with the System of National Accounts (SNA). As such, monetary estimates for ecosystem services are required to be measured as exchan...

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Main Authors: Luke Brander, Jan Philipp Schägner, Rudolf de Groot
Format: Article
Language:English
Published: Pensoft Publishers 2022-11-01
Series:One Ecosystem
Subjects:
Online Access:https://oneecosystem.pensoft.net/article/85085/download/pdf/
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author Luke Brander
Jan Philipp Schägner
Rudolf de Groot
author_facet Luke Brander
Jan Philipp Schägner
Rudolf de Groot
author_sort Luke Brander
collection DOAJ
description The System of Environmental Economic Accounting - Ecosystem Accounting (SEEA EA) provides a framework for quantifying and valuing ecosystem services that is consistent with the System of National Accounts (SNA). As such, monetary estimates for ecosystem services are required to be measured as exchange values. The environmental economics literature on the value of ecosystem services has expanded consideralby over the past two decades and the Ecosystem Services Valuation Database (ESVD) currently provides the most comprehensive collection and synthesis of this information. The primary valuation studies included in the ESVD, however, measure a variety of value concepts including welfare values, exchange values and others. This raises a challenge for using existing value data as input to SEEA EA applications. This paper explores potential approaches to using the ESVD for value transfers that are consistent with SEEA EA, specifically for the estimation of meta-analytic value functions that can be used to reflect spatial variation in supply and demand of ecosystem services and proxy exchange values. It identifies avenues for future research and development of the ESVD to operationalise and test this approach.
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spelling doaj.art-bdce66784b1f46a5ba33affe3ffc8f6c2022-12-22T03:30:03ZengPensoft PublishersOne Ecosystem2367-81942022-11-01711710.3897/oneeco.7.e8508585085On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic AccountingLuke Brander0Jan Philipp Schägner1Rudolf de Groot2Institute for Environmental Studies, Vrije UniversiteitJRCFoundation for Sustainable DevelopmentThe System of Environmental Economic Accounting - Ecosystem Accounting (SEEA EA) provides a framework for quantifying and valuing ecosystem services that is consistent with the System of National Accounts (SNA). As such, monetary estimates for ecosystem services are required to be measured as exchange values. The environmental economics literature on the value of ecosystem services has expanded consideralby over the past two decades and the Ecosystem Services Valuation Database (ESVD) currently provides the most comprehensive collection and synthesis of this information. The primary valuation studies included in the ESVD, however, measure a variety of value concepts including welfare values, exchange values and others. This raises a challenge for using existing value data as input to SEEA EA applications. This paper explores potential approaches to using the ESVD for value transfers that are consistent with SEEA EA, specifically for the estimation of meta-analytic value functions that can be used to reflect spatial variation in supply and demand of ecosystem services and proxy exchange values. It identifies avenues for future research and development of the ESVD to operationalise and test this approach.https://oneecosystem.pensoft.net/article/85085/download/pdf/cosystem service valuationvalue transferEcosys
spellingShingle Luke Brander
Jan Philipp Schägner
Rudolf de Groot
On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
One Ecosystem
cosystem service valuation
value transfer
Ecosys
title On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
title_full On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
title_fullStr On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
title_full_unstemmed On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
title_short On the potential use of the Ecosystem Services Valuation Database for valuation in the System of Environmental Economic Accounting
title_sort on the potential use of the ecosystem services valuation database for valuation in the system of environmental economic accounting
topic cosystem service valuation
value transfer
Ecosys
url https://oneecosystem.pensoft.net/article/85085/download/pdf/
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