Valuation of Ecosystem services from Nordic Watersheds from a areness raising to policy support? (VALUESHED)

Ved Stranden 18DK-1061 Kbenhavn Kwww.norden.org

The emergence of the ecosystem services concept suggests that econo-mic valuation studies are already fulfilling a role in raising awareness by demonstrating the loss of natures goods and services using monetary indicators. In order to have future relevance in capturing value and giving support to policy-makers, valuation methods must specifically address resource accounting, priority setting, and instrument design.

This report provides an overview of economic valuation methods of eco-system services from watersheds in the Nordic countries. The study was commissioned by the Nordic Council of Ministers and conducted by The Norwegian Institute for Nature Research, The Norwegian Institute of Water Research and Sweco Norge during the period May November 2011.

The study indicates that economic valuation methods can be applied to watershed management in multiple ways. However, policy makers should be wary of one size fits all valuation estimates that appear ready to use across different watershed types and stakeholder interests.

Valuation of Ecosystem services from Nordic Watersheeds from avareness raising to policy support? (VALUESHED)

TemaN

ord 2012:506

TemaNord 2012:506ISBN 978-92-893-2319-2

TN2012506 omslag.indd 1 20-02-2012 13:45:40