Project Page Views: [ 777 ]
| Project Metadata Element | Details |
| Project Title | Valuing agricultural catchments Ecosystems Services |
| Research Area | Ecosystem services |
| Project Acronym | |
| Principal Investigator or Lead Irish Partner | Dr Stephen Hynes |
| Lead Institution or Organisation | NUIG |
| Lead Country | Ireland |
| Latitude, Longitude (of Lead Institution) | 53.276645, -9.061603 |
| Lead Funding Entity | DAFM |
| Approximate Project Start Date | 01/05/2016 |
| Approximate Project Finishing Date | 31/10/2017 |
| Project Website (if any) | |
| Links to other Web-based resources | Not Applicable |
| Project Keywords | catchments, ecosystems |
| Project Abstract | Agricultural ecosystems supply market services such as food, fibres, fuels and other non-market services vital to human well-being. The purpose of this project is to create an inventory of the ecosystem services provided by farmers in agricultural catchments and place economic values on these services. Cost-effective public policy, in the form of agri-environmental schemes that provide incentives for farmers to provide ecosystem services from agriculture, require estimates of how society can maximize returns on such investments. Both market and non-market valuation methods can provide estimates of the costs to farmers of supplying these ecosystem services as well as the amount that consumers would be willing to pay to receive them. Research is required both to design cost-effective incentives to provide ecosystem services in agricultural catchments and to measure which kinds of ecosystem services could provide the greatest overall welfare benefits to society. |