Economic Values Of Elements Of Nature
Ecosystem services can be given real monetary value to establish the economic benefits or losses of elements of nature ... e.g. 2.47 acres of
forest - $25,843
wetlands - $15,171
fence row - $ 1,023
Ontario Ministry of Natural Resources SIG Study - 2009
" Total value of final tourism ecosystem services in the Greenbelt ($millions)"
bird watching - $236.30
hiking, climbing, riding - $872.50
Friends of the Ontario Greenbelt Foundation - 2016.
"greenhouse gas emissions can be reduced and stored in forests, farmland, grasslands, and wetlands to deliver more than a third of the reductions required by 2030... equivalent to a complete stop on the burning of oil, worldwide."
Nature Conservancy - 2017