Economic Valuation of River Systems


Book Description

. . . the book provides a wide variety of practical examples of economic assessments of river management projects. . . the book offers policy-makers a nice range of valuation case studies and practical and illustrative guidance on the use of economic valuation results in cost benefit analysis of river management. Marije Schaafsma, Environmental and Resource Economics It is rare to find a book that attempts to integrate physical, biological and social sciences (economics) to address environmental problems, but this book does a great job of it. It is also rare to find a book that addresses both the benefits and the costs of river restoration, and again this book delivers. This collection of case studies provides an informative and practical guide to conducting economic analyses of many different types of river restoration. Scientists interested in quantifying the benefits and costs of river restoration will gain a very quick and thorough education from the case studies presented in this book. John Loomis, Colorado State University, US The book applies benefit cost analysis and a wide array of non-market and distribution economic valuation methods in ecologic context to determine the pay-off and distribution impacts of various infrastructure and water quality improvements to eight river systems in the Great Lakes region of the US. The generally positive results have important implications for public policy and future research. Prime readership is the wide range of academics, NGO and government agency staff and citizen action groups concerned with the management and protection of rivers and other natural resource systems.










Valuing Ecosystem Services


Book Description

Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.




Perspectives on Biodiversity


Book Description

Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.




Risk Management of Water Supply and Sanitation Systems


Book Description

Each year more than 200 million people are affected by floods, tropical storms, droughts, earthquakes, and also operational failures, wars, terrorism, vandalism, and accidents involving hazardous materials. These are part of the wide variety of events that cause death, injury, and significant economic losses for the countries affected. In an environment where natural hazards are present, local actions are decisive in all stages of risk management: in the work of prevention and mitigation, in rehabilitation and reconstruction, and above all in emergency response and the provision of basic services to the affected population. Commitment to systematic vulnerability reduction is crucial to ensure the resilience of communities and populations to the impact of natural and manmade hazards. Current challenges for the water and sanitation sector require an increase in sustainable access to water and sanitation services in residential areas, where natural hazards pose the greatest risk. In settlements located on unstable and risk-prone land there is growing environmental degradation coupled with extreme conditions of poverty that increase vulnerability. The development of local capacity and risk management play vital roles in obtaining sustainability of water and sanitation systems as well as for the communities themselves. Unfortunately water may also represent a potential target for terrorist activity or war conflict and a deliberate contamination of water is a potential public health threat. An approach which considers the needs of communities and institutions is particularly important in urban areas affected by armed conflict. Risk management for large rehabilitation projects has to deal with major changes caused by conflict: damaged or destroyed infrastructure, increased population, corrupt or inefficient water utilities, and impoverished communities. Water supply and sanitation are amongst the first considerations in disaster response. The greatest water-borne risk to health in most emergencies is the transmission of faecal pathogens, due to inadequate sanitation, hygiene and protection of water sources. However, some disasters, including those involving damage to chemical and nuclear industrial installations, or involving volcanic activity, may create acute problems from chemical or radiological water pollution. Sanitation includes safe excreta disposal, drainage of wastewater and rainwater, solid waste disposal and vector control. This book is based on the discussions and papers prepared for the NATO Advanced Research Workshop that took place in Ohrid, Macedonia under the auspices of the NATO Security Through Science Programme and addressed problems Risk management of water supply and sanitation systems impaired by operational failures, natural disasters and war conflicts. The main purpose of the workshop was to critically assess the existing knowledge on Risk management of water supply and sanitation systems, with respect to diverse conditions in participating countries, and promote close co-operation among scientists with different professional experience from different countries. The ARW technical program comprised papers on 4 topics, : (a) Vulnerability of Wastewater and Sanitation Systems, (b) Vulnerability of Drinking Water Systems, (c) Emergency response plans, and (d) Case studies from regions affected by Drinking Water System, Wastewater and Sanitation System failures.




Determining the Economic Value of Water


Book Description

Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.







Sharing water, sharing benefits


Book Description




Economic Valuation of Water Resources in Agriculture


Book Description

The purpose of this report is to produce a review on water resource valuation issues and techniques specifically for the appraisal and negotiation of raw (as opposed to bulk or retail) water resource allocation for agricultural development projects. The review considers raw water in naturally occurring watercourses, lakes, wetlands, soil and aquifers, taking an ecosystem function perspective at a catchment scale, and takes account of the demands from irrigated and rainfed agriculture. It is hoped that the review will have particular application to developing countries where agreed methods for reconciling competing uses are often absent, but nevertheless takes account of valuation approaches that have been made in post industrial economies.