Valuation of Ecosystem Services: Classes of Values

This video is a part of Conservation Strategy Fund's collection of environmental economics lessons and was made possible thanks to the support of Jon Mellberg and family. This series is for people who want to learn - or review - the economics of conservation. The Valuation series will look at the process of estimating the value of an ecosystem. This video will look at the difference between indirect, direct, bequest, existence and option use and non-use values of ecosystem services.

[Lauren-xq]

This video was very helpful to answer my homework question
"Explain the difference between use and non-use value, with reference to a particular environmental policy in which you may be interested like climate change or endangered species preservation."

[skxra]

This was the most simple and best explanation videos I've ever watched.

[sakinahtansi]

thank you so much for making this video, i will have my final exam this coming thursday! this video help me alot to better understanding. keep it up!

[sabawoonrahimi]

Thanks from your effort, you explain it very easy. you made my day. Appreciate that.

[fernandamejia-salazar]

Great video! So crisp and clear Bravo.

[nickpocalypse]

Really well explanation of the subjects for the concept of use valuation and non-use valuation for natural capital"
I could not find anything online that is well and easily explained knowledge on the topic like this video.
My only problem is that the volume for this video needed to be a bit higher.
But the still awesome video, I can finally do my ESS 8.2 homework now.

[TechHut]

I lost it when there was a sound effect of the deer head coming off xD no right hahaha

[vanessA-zvqc]

Could you advise the link to the next video pls :) I'm afraid I did not find it in the playlist.

[jakubzeleny]

Please answer the questions: why should we value benefits from nature in the first place? If people do not value these benefits already, does valuation create a value which is not held by anyone except fot the valuator? Are we supposed to impose expert derived values onto society because they are to dumb to realize how important nature is? Meaning, the experts know better what is valuable for me than i do? If a value is not reflected in a market, it is not traded, why do the proponents of valuation assume that people cannot appreciate these benefits? How does marketization help to understand that nature provides benefits for free? Why is it assumed that only market mechanisms can facilitate sustainable use? Why do scientist resort to unscientific measurement unit (money) and concepts (theory of utility)? When something is provided for free - technically a gift, thus not an exachge - why should we force it to be an exchange when it is the opposite?

[rommanapaiva]

He talks so fast, but info was useful. Thanks

[kugmoco]

'Willingness to pay' is much more absent in non-use than you seem to imply. While s-om-e $ flow to NGO's, conservation easement purchase et al, it is most voters see simple regulation of control-seizure as an out-of-pocket or tax-cheap expedient. If the cost of non-use is perceived as low, an ever-less-rural and ever-more-unrealistic public may vote for it and over-bias toward it.

[lamngoclenguyen]

great video but you guys need a subtitles, I sometimes just can't heard clearly from what you are saying. Thanks and I'm appreciated it if you can do some subtitle :D

[kuttikuttan]

Very diifficult for south Asian students to follow the pronounciation

[Helvetseld]

Based on your voice I imagine you as a 115 pound 5 foot 7 waif of a man who wears turtlenecks and was always picked last for sports