At the end of 2021, the Earth Economics Board of Directors created the Ingrid Rasch Legacy Fund in honor of our Board Chair of 13 years, Ingrid Rasch. Each year, the Ingrid Rasch Legacy Fund will enable Earth Economics to provide pro bono technical assistance to one non-profit or community-based organization to advance local solutions to environmental injustice, climate hazards, and the threats of displacement. We are thrilled to announce the 2022 recipient of this new award.
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benefit-cost analysis
For far too long, nature has either been undervalued or ignored entirely in planning and investment – with profound effects on decision making. But recent policy changes are beginning to reflect the value of ecosystem services. Federal agencies like FEMA and HUD are starting to recognize that nature does indeed hold value for people, and that it should play a role in our decision making.
It’s been a busy year already at Earth Economics! We’ve attended a number of conferences and events, worked on projects from Alaska to Central America, and seen a lot of exciting developments in our work. Natural capital is increasingly becoming a part of the conversation as agencies like FEMA and HUD begin to incorporate ecosystem services, and we are excited to engage in these efforts to account for nature. Take a look at our 2016 program highlights so far.
A new Earth Economics report evaluates the cost-effectiveness of continued dam operations as compared with the benefits of a free-flowing Lower Snake River. Earth Economics’ latest analysis took a look at four dams along the Lower Snake River in Southeast Washington, investigating whether the dams’ benefits outweigh the costs. As they stand, the dams return only $0.15 on every dollar, but a free-flowing Lower Snake River has an estimated $4.30 return for every dollar.