Economic Value of Forests for Water Resource Protection: A Training Program in Benefit Transfer Methods from land market value calculator Watch Video
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⏲ Duration: 40 min 22 sec ✓ Published: 11-Jun-2021
Description: Forests play a vital role in protecting water quality by reducing soil erosion, sedimentation and filtering excess nutrients. This session will introduce valuation concepts from natural resource economics, including net present value and benefit transfer, and provide training on how to use a new calculator, produced by Penn State Extension, to estimate the economic benefits of conserving forest land to protect water resources. The calculator is based on an econometric model built using 40 observ
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)