Skip to main content

Table of Contents

  1. Introduction: AIACC: Climate Change and Conservation Planning
    1. Chapter1: Evidence for climate change
      1. Chapter 2: Global circulation models
        1. Chapter 4: Biodiversity responses to past changes in climate
          1. Chapter 5: Adaptation of biodiversity to climate change
            1. Chapter 6: Approaches to niche-based modelling
              1. Chapter 7: Ecosystem function modelling
                1. Chapter 8: Climate change implications for conservation planning
                  1. Chapter 9: The economic costs of conservation response options for climate change
                    1. Slide 1: The economic costs of conservation response options to climate change: the case of the Cape Floristic Region
                    2. Slide 2: Outline
                    3. Slide 3: Aim & objectives
                    4. Slide 4: Response options to climate change
                    5. Slide 5: Total cost (TC) versus total economic value (TEV)
                    6. Slide 6: The components of total economic value
                    7. Slide 7: Determinants of cost of PAN
                    8. Slide 8: Study Area
                    9. Slide 9: Habitat classes and associated management requirements
                    10. Slide 10: Methods
                    11. Slide 11: Types of cost
                    12. Slide 12: Once-off costs of acquiring different habitat types
                    13. Slide 13: Operating cost per various park sizes
                    14. Slide 14: Capital requirement per park size
                    15. Slide 15: Cost of gene/ seed banking
                    16. Slide 16: Providing incentives to private landowners
                    17. Slide 17: Types of incentives
                    18. Slide 18: Land required in extended PAN
                    19. Slide 19: Total costs of expanding protected area network
                    20. Slide 20: Benefits associated with different adaptation options
                    21. Slide 21: Test yourself
                    22. Slide 22: Links to other chapters
                  2. Course Resources
                    1. Practical: Conservation for Climate Change
                      1. Tests to Assess your Understanding
                        1. How to run a GAM model in R

                          Slide 6: The components of total economic value

                          Duration: 00:01:04


                          The total economic value can therefore be divided into use and non-use options. The use values are obviously more easily assessed, particularly the direct use values, for which a market value can be provided from those industries already in the area. Indirect use values are more challenging, incorporating biological support to other industries, and the physical benefits of intact ecosystems (or, conversely, the economic costs of fixing damaged ecosystems). The non-use values are much more challenging to assess, since they incorporate many intangible values, such as the bequest value (the value of preserving resources for the use of future generations), and the existence value (the value from knowledge that the resource will continue to exist - especially for threatened and endangered species). Other non-use values are the option value (preservation for future direct and indirect use), and quasi-option values (such as the expected new information to be obtained from an untapped system). Clearly, the assessment of the total economic value of an ecosystem is challenging in the extreme.