Whether addressing pollution problems or helping protect a
specific use, watershed associations are finding that the
competition for funds is getting harder. While we can grasp the
value of our streams for fishing or kayaking and other services, or
their cultural value, or their value to an ecosystem, putting a
dollar value on those benefits is not an easy task, but it is
sometimes a necessary one.
A handbook for advocates and stakeholders, Environmental
Economics for Watershed Restoration provides guidance to those who
are interested in understanding and incorporating economic
valuation in project prioritization and other decision-making
aspects of stream or watershed restoration. It provides background
on the types of ecological goods and services that are often valued
and details the types of questions that must be asked in watershed
project analysis. The book allows those who are not economists to
be comfortable discussing things like contingent valuation,
marginal costs, nonmarket goods, and other terms needed to satisfy
the economic analysis requirements often needed to secure funding
for projects.
In some cases, economic analysis does require input from a
trained economist, but in many cases the analysis needed to get a
grip on the problem can be tackled by someone familiar with the
situation, as long as he or she has access to essential economic
guidance. Environmental Economics for Watershed Restoration can
provide that guidance.
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