Ecosystem Service Values
In addition to commercial commodities and services and recreational amenities, there are many other functions and services provided by forests in Florida, collectively known as ecosystem services, that represent the process and condition through which the forest supports and satisfies human life (Daily, 1997). Forest ecosystem services include, but are not limited to:
- Provisioning services: the provision of food, water, raw materials, fuel, and genetic, medicinal and ornamental resources
- Regulating services: climate regulation, regulation of water flows and quality, regulation of gases, carbon sequestration, waste treatment, and erosion control
- Cultural services: such as recreation, aesthetics, education, inspiration, spiritual experience, sense of place, and cognitive development
- Supporting services: Refugia, biological control, nursery services, soil formation, nutrition cycling, and pollination
(United Nations, 2014; deGroot et al., 2012)
Using the value transfer method and comprehensive reviews of global and regional forest ecosystem service values, the aggregate ecosystem service value of Florida forests ranges from $25 - $34 billion per year.
Values estimated using global ecosystem service values
|Ecosystem Service Category||Average Value ($/acre/year)||Aggregate Value ($M per year)|
Data Source: de Groot et al. (2012) and authors calculations
Values estimated using regionally representative
ecosystem service values
|Ecosystem Service Category||Average Value
($M per year)
|Gas and Climate Regulation||37||639|
|Water Regulation and Supply||1,015||17,418|
|Aesthetic and Non-use||559||9,593|
Data Source: Moore et al. (2011) and authors calculations
Daily, G. Nature's Services: Societal Dependence on Natural Ecosystems. Island Press, Washington (DC), 1997.
deGroot, R., L. Brander, S. van der Ploeg, R. Costanza, F. Bernard, L. Braat, M. Christie, N. Crossman, A. Ghermandi, L. Hein, S. Hussain, P. Kumar, A. McVittie, R. Portela, L.C. Rodriguez, P. ten Brink, P. van Beukering. Global Estimates of the Value of Ecosystems and their Services in Monetary Units, Ecosystem Services 1: 50-61, 2012, available at: http://www.sciencedirect.com/science/article/pii/S2212041612000101
Moore, R., T. Williams, E. Rodriguez, and J. Hepinstall- Cymmerman. Quantifying the value of non-timber ecosystem services from Georgia’s private forests. Athens, GA: University of Georgia, 2011.
United Nations. The Value of Forests: Payments for Ecosystem Services in a Green Economy, United Nations Geneva Timber and Forest Study Paper 34, 2014, available at: https://www.unece.org/fileadmin/DAM/timber/publications/SP-34Xsmall.pdf