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Water management and the valuation of indirect environmental services

Water management and the valuation of indirect environmental services Comprehensive watershed planning and management requires valuation of the intermediate ecological services provided to the water resources. Valuation of forest cover as an ecological service is discussed in the context of three levels of decision–making, and illustrated for the Pearl Harbor/Ko'olau watershed (Hawai'i). Objectives of planning such as sustainable development do not require new criteria but augmentation of existing methods of income accounting and project valuation. Full income valuation implies that the value of water should incorporate the value of maintaining contributory degradable ecological capital. Valuation does not require using survey methods, even when the usual alternatives (hedonics, etc.) are not applicable. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Interdisciplinary Environmental Review Inderscience Publishers

Water management and the valuation of indirect environmental services

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1521-0227
eISSN
2042-6992
DOI
10.1504/IER.2000.053995
Publisher site
See Article on Publisher Site

Abstract

Comprehensive watershed planning and management requires valuation of the intermediate ecological services provided to the water resources. Valuation of forest cover as an ecological service is discussed in the context of three levels of decision–making, and illustrated for the Pearl Harbor/Ko'olau watershed (Hawai'i). Objectives of planning such as sustainable development do not require new criteria but augmentation of existing methods of income accounting and project valuation. Full income valuation implies that the value of water should incorporate the value of maintaining contributory degradable ecological capital. Valuation does not require using survey methods, even when the usual alternatives (hedonics, etc.) are not applicable.

Journal

Interdisciplinary Environmental ReviewInderscience Publishers

Published: Jan 1, 2000

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