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Ecosystems Services Economic Valuation Model: Case Study in Latvia

  • Irina ArhipovaEmail author
  • Elina Konstantinova
  • Nameda Belmane
  • Gatis Kristaps
Conference paper
Part of the Eurasian Studies in Business and Economics book series (EBES, volume 10/2)

Abstract

The aim of the paper is to present and discuss the model for ecosystem economic (monetary) valuation for the territory socio-economic development planning in two Latvian administrative areas: Baltic Sea coastal Saulkrasti and Jaunkemeri pilot areas. Using ecosystem services economic valuation model three scenarios have been modelled: current situation, planned development and uncontrolled development, when in two pilot areas about 50% increase in construction and 50% decrease of the forest area is foreseen. After analyzing the ecosystem services’ monetary values, it is concluded that the greatest monetary value in both areas are provided by regulating services, so the maintenance and protection of ecosystems ensuring regulating services can be considered as a priority in both pilot areas. The second priority is cultural services, assuming, that the use of cultural services will not generate additional anthropogenic load. The lowest priority is given to provisioning services, taking into account the fact that the real possibilities to obtain the market values are limited, because tree felling is prohibited.

Keywords

Monetary valuation Land-use planning Sustainable management 

Notes

Acknowledgements

The study underlying this manuscript has been conducted within LIFE “EcosystemServices” (LIFE13 ENV/LV/000839) project, co-financed by European Union.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Irina Arhipova
    • 1
    Email author
  • Elina Konstantinova
    • 2
  • Nameda Belmane
    • 3
  • Gatis Kristaps
    • 3
  1. 1.Faculty of Information TechnologiesLatvia University of Life Sciences and TechnologiesJelgavaLatvia
  2. 2.Centre for Entrepreneurship Innovation and Regional DevelopmentVentspils University CollegeVentspilsLatvia
  3. 3.LTD “Ardenis”RigaLatvia

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