Amy’s slides for Lafarge road-tester presentation

CEV launch at WRIMay 3, 2011

Notes – do not include in PPT

• DOW (5 min)• InVEST (5 min)• How we did it (5 min)• Results (>5 min)

• Suzanne, in the acknowledgements at the end, please include: Nirmal Bhagabati, Emily McKenzie, Heather Tallis, & Sheri Willoughby

Wildlife Habitat Benefits Estimation Toolkit

• Spreadsheet-based valuation models• Value databases & peer-reviewed studies

of ecosystems and species• Recreation use model• Technical reports & user’s manual

The WHBE Toolkit₊ Increases in property value from nearby open

space₊ Outdoor recreation associated with wildlife₊ Conservation of threatened & endangered species ₊ Some ecosystem services, using ‘benefits transfer’= Total conservation value of a site for wildlife + habitat

How the Toolkit works: pros & cons

Pros• Synthesizes information from many studies• Straightforward data needs• Useful for rapid assessment, cheaper than new studies

Cons• Requires some technical expertise • Not specifically designed for business applications• Values derived from other study sites can be inaccurate

Natural Capital Project: InVEST

Integrated Valuation of Ecosystem Services and Tradeoffs

• Family of models that enables users to quantify, map and value the ecosystem service impacts of alternative decisions.• Maps, tradeoff curves, balance sheets

Lands and waters:CarbonHydropowerWater purificationReservoir sedimentationManaged timber productionCrop pollination

Oceans and coasts:Wave energyCoastal hazardsAquacultureAesthetic views

Biodiversity

Ecosystem Services

Measures & Values

• Supply of service

• Demand/use of service

• Valuation

Market valuationAvoided damage costsProduction Economics

How InVEST works: pros & cons

Results

Pros• Spatially explicit results comparing options• Good for addressing multiple benefits & risks

Cons• Requires technical expertise, data & time• Not specifically designed for business applications• Without reliable, precise input data, values derived

can be inaccurate

Project Work Flow

Project team• 3 technical team, 2 reporting team, 2 Lafarge team,

review from NatCapTimeline • 5 months, kick-off, monthly calls, final presentationTools• 4 models, 1 reportCost• Under $60,000

Results: Habitat Benefits

Risks & Opportunities: Water contamination v. purification

Nitrogen pollutant loadPIQ Total: ~2,500 kg/year

Nitrogen regulation servicesPIQ Total: over

3,300 kg/year

*In PIQ, nutrient exported goes through sediment settlement system*

Value of Ecosystem Services

Valuation of Erosion Regulation Services PIQ Total: ~$2,000,000 per year

PIQ Total: over 145,000 metric tons retained annually