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Service Description: The first global uncertainty maps of monetary valued goods and services provided by nature for human well-being (ecosystem services) have been developed by a group of researchers of the Helmholtz Centre for Environmental Research (UFZ). Monetary values were estimated by transferring values already developed in other studies of a similar area (benefit transfer) under consideration of different sources of uncertainty. Major patterns of uncertainties could be identified and discussed for 12 ecosystem services. The scientists Schmidt, Manceur and Seppelt have recently published their results in the journal PLoS ONE.

Map Name: Monetary Values

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• H) Provision of medicinal resources case studies (7)
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• A) Food provision benefit transfer (12)
• B) Water provision benefit transfer (13)
• C) Climate regualtion benefit transfer (14)
• D) Extreme event regulation benefit transfer (15)
• E) Recreation regulation benefit transfer (16)
• F) Habitat service benefit transfer (17)
• G) Raw material provision benefit transfer (18)
• H) Provision of medicinal resources benefit transfer (19)
• I) Waste treatment benefit transfer (20)
• J) Erosion regulation benefit transfer (21)
• K) Soil fertility regulation benefit transfer (22)
• L) Maintenance of genetic diversity benefit transfer (23)

Description: The first global uncertainty maps of monetary valued goods and services provided by nature for human well-being (ecosystem services) have been developed by a group of researchers of the Helmholtz Centre for Environmental Research (UFZ). Monetary values were estimated by transferring values already developed in other studies of a similar area (benefit transfer) under consideration of different sources of uncertainty. Major patterns of uncertainties could be identified and discussed for 12 ecosystem services. The scientists Schmidt, Manceur and Seppelt have recently published their results in the journal PLoS ONE.

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Document Info:

Title: Uncertainties in Monetary Valuation of Nature
Author:
Comments: The first global uncertainty maps of monetary valued goods and services provided by nature for human well-being (ecosystem services) have been developed by a group of researchers of the Helmholtz Centre for Environmental Research (UFZ). Monetary values were estimated by transferring values already developed in other studies of a similar area (benefit transfer) under consideration of different sources of uncertainty. Major patterns of uncertainties could be identified and discussed for 12 ecosystem services. The scientists Schmidt, Manceur and Seppelt have recently published their results in the journal PLoS ONE.
Subject: Monetary valuation through benefit transfer and their uncertainties
Category:
Keywords: ecosystem service,monetary valuation,benefit transfer,uncertainty,global
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