Wednesday, November 19, 2014
Valuing Functions and Values of Ecosystems in Environmental Planning and Analysis
Date and Time: Wednesday, November 19, 2014, at 10:00 am PT
Duration: Event will last 90 minutes
Seattle: Anchor QEA (720 Olive Way, Suite 1900)
The National Association of Environmental Professionals (NAEP) and Vermont Law School (VLS) invite you to attend an educational webinar on “Valuing Functions and Values of Ecosystems in Environmental Planning and Analysis.” The webinar will be held on Wednesday, November 19 from 1-2:30pm ET. A description of what will be covered is below.
Valuing ecological functions and values can be critically important in assessing project benefits and costs, in relation to the environment, engineering, and economics. Increasingly, the project planning and environmental review process is moving beyond traditional basic models of supply and demand for economic modeling and thoughtfully evaluating the non-market goods, including the consideration of the functions and values associated with natural systems that contribute to human welfare and sustainable practices. Policymakers and regulators are being asked to reflect the lost value associated with diminished ecosystem services resulting from pollution or poor management to design efficient regulations and natural resource management plans. In this webinar, panelists will explore the theory, the policies, and the practical challenges of putting a value on ecosystem services. Panelists will discuss cases where a value is used to defend preservation of a natural system, or as a basic cash penalty against someone who destroys a resource. Looking at theory, existing policy, and case studies, panelists will explore the potential value, and occasional tangles, of using environmental valuation to protect and remediate natural systems.