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Outdoor Recreation in Washington State

In 2024, outdoor recreationists spent $25.2B in Washington, supporting over 237,000 jobs and contributing $20.5B to the state’s GDP. Every $1 spent on recreation generated $1.31 in total economic activity. Each year, outdoor recreation lands deliver $33B in consumer surplus and $20B–$148B in other ecosystem services such as clean air and water, flood protection, and wildlife habitat.

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Floodplain Ecosystem Services and Valuation

On November 5th, Earth Economics will present on Floodplain Ecosystem Services and Valuation as part of the Natural Floodplain Functions Alliance webinar series. Glen Delaney and Erin Mackey will focus on essential benefits, such as clean water, flood protection, and recreation, with case studies of projects linked to floodplain restoration.

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Investing in Wildfire-Resilience

At the September 21st meeting of California’s State Land Use Planning Work Group, Glen Delaney and Carson Risner presented our work on wildfire home hardening. Investing in home hardening statewide will increase wildfire resilience and return $1.70 for every dollar invested.

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Natural Disaster Resilience Yields Big Returns

Across the country, state governments are faced with the increasing frequency and intensity of disasters and the compounding scarcity of resources to plan for and lessen their impacts. With these unprecedented challenges likely to grow, state leaders are turning to one another to share best practices and lessons learned to increase resilience.

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GSI can return $7 for every $1 invested

Earth Economics quantified the benefits created by developing GSI on StreetWell properties. Valuing non-market benefits makes GSI projects more attractive to socially conscious investors. Planting 25 new trees and replacing 2,500 sq ft of sidewalks with raingardens would create $2M in ecosystem services over 25 years, returning $7 for every $1 invested.

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California’s Home Hardening Economy

Earth Economics has quantified the ability of investments home hardening in California to support jobs, economic activity, and tax revenues throughout the state. Each dollar invested in retrofitting returns about $1.70 in total economic activity. If homes were moderately hardened, it could cost $16-$20B, but would also support 74,000-92,500 jobs, add $21-$26.5B to the economy.

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The Journal of Soil and Water Conservation

Earth Economics has published Developing a Valuation Framework for Rangeland Conservation Investments and Ecosystem Services, summarizing our work expanding rangeland ecosystem service valuation framework to incorporate more-detailed data and conservation practices, and applying the framework to a broader geographic scope.

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