IAN Seminar Series 2017

The goal of the IAN seminar series is to provide concise, thought-provoking ideas relating to Chesapeake Bay science and management. Short presentations (15 minutes maximum length) are immediately followed by a lunchtime discussion of the topics raised by the presenter. The discussion is summarized and is posted along with a pdf version of the seminar slides. The seminars are captured on video and posted under a Creative Commons license so they can be freely shared.

Email Icon Subscribe to receive email reminders prior to each seminar, and when new seminars are available online.

iCal Subscribe Icon Subscribe to the iCalendar for the 2017 seminar series.

RSS Feed Icon Subscribe to our Seminar Series RSS Feed.

iTunes Icon Subscribe, or paste http://ian.umces.edu/seminarseries/seminarseries.xml into your podcasting software.

Online Seminar Archives


Select Year

Or Enter Search Term



Single Seminar
You are currently viewing a single seminar. You can browse/search by year, and search terms to view other seminars in the database.


DateSpeakerSeminarSeries
Fri 3
Mar
2017
http://ian.umces.edu/seminarseries/
Ecosystem Services Analysis: A Primer - Dr. James Boyd (SESYNC) - IAN Seminar Series
2017-03-03T12:00:00-05:00 2017-03-03T13:00:00-05:00
Macknis Room, Chesapeake Bay Program Office, 410 Severn Avenue (Suite 109), Annapolis MD

This lesson is intended as a primer for understanding environmental economics, focusing particularly on the valuation of ecosystem services. The first section of the presentation focuses on an economist’s typical perspective on how ecosystem services are to be analyzed – and in particular on the kinds of ecological analysis and outcomes needed for economic evaluation.  Boyd stresses the importance of being able to describe the effect of specific management actions on changed ecological outcomes via ecological “production functions.” He also stresses the importance of measured or modeled ecological outcomes that can be understood by lay audiences. Ecological analysis that causally relates specific management actions to changes in socially understandable biophysical outcomes allows for those outcomes to be valued in monetary terms.

The second section of the presentation focuses more heavily on how to economically quantify the importance of ecosystem services.  In order to fix a monetary value on an environmental variable that will affect ecosystem services, a variety of factors need to be taken into account: how many people are affected by this environmental outcome? What is the scale of the problem you are trying to address? How scarce are the resources involved? Are there substitutes for the ecosystem services that are becoming damaged or lost? As a result, when one is trying to fix a monetary value on an ecosystem – or communicate its benefit in non-monetary terms – it is important to capture such factors in the analysis. Boyd also discusses reasons why many economic studies under-estimate the total value of ecosystems.
Dr. James Boyd
SESYNC
boyd@rff.org
Ecosystem Services Analysis: A Primer

Science for Citizens
ian logo

Abstract

This lesson is intended as a primer for understanding environmental economics, focusing particularly on the valuation of ecosystem services. The first section of the presentation focuses on an economist’s typical perspective on how ecosystem services are to be analyzed – and in particular on the kinds of ecological analysis and outcomes needed for economic evaluation.  Boyd stresses the importance of being able to describe the effect of specific management actions on changed ecological outcomes via ecological “production functions.” He also stresses the importance of measured or modeled ecological outcomes that can be understood by lay audiences. Ecological analysis that causally relates specific management actions to changes in socially understandable biophysical outcomes allows for those outcomes to be valued in monetary terms.

The second section of the presentation focuses more heavily on how to economically quantify the importance of ecosystem services.  In order to fix a monetary value on an environmental variable that will affect ecosystem services, a variety of factors need to be taken into account: how many people are affected by this environmental outcome? What is the scale of the problem you are trying to address? How scarce are the resources involved? Are there substitutes for the ecosystem services that are becoming damaged or lost? As a result, when one is trying to fix a monetary value on an ecosystem – or communicate its benefit in non-monetary terms – it is important to capture such factors in the analysis. Boyd also discusses reasons why many economic studies under-estimate the total value of ecosystems.



Time and Venue

Seminars start at 12 noon, scheduled for 45 mins (15 mins plus 30 min question/discussion time).

Science for Citizens seminars are held in the Joe Macknis Conference Room (Fish Shack) at the Chesapeake Bay Program Office, 410 Severn Avenue, Annapolis MD 21403, immediately following the monthly meetings of the Science Technical Analysis and Reporting (STAR) team meetings.

Citizens for Science seminars are conducted at the UMCES Annapolis Office, 1 Park Place, Suite 325, Annapolis, MD 21401.



Inquiries

If you have any queries or would like to contribute to next year's seminar series, please contact:

Jane Thomas ()
Bill Dennison ()