Working with planners, policy makers and private consulting firms, Earth Economics provides justification for specific projects and scenarios based on environmental economic analysis. Inclusion of ecosystem service analysis can strengthen environmental impact assessments.
Federal and state governments require environmental impact statements (EIS) for projects with significant environmental impact. An EIS often has an effect on project design- and thus investment- by identifying actions that reduce the negative environmental impacts or enhance restoration. Ecosystem service identification and valuation often strengthens what is the weakest area of environmental planning and analysis: the economic implications and value provided by restoration projects. Today, the economics are available to strengthen environmental impact statements, salmon habitat plans and the economic justification of restoration projects.
Featured Project: Earth Economics will soon release the nation's first economic section in an environmental impact statement that includes a full identification of ecosystem services and valuation of ecosystem services. Please visit this page again soon for a link to the report!