Calculating Cultural Ecosystem Services as part of Greenspace Management?

Jocelyn M. Gavitt and Richard C. Smardon
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Jocelyn M. Gavitt: SUNY College of Environmental Science and Forestry Departments of Environmental Studies & Landscape Architecture
Richard C. Smardon: SUNY College of Environmental Science and Forestry Departments of Environmental Studies & Landscape Architecture

Journal of International Business Research and Marketing, 2019, vol. 4, issue 4, 16-21

Abstract: Lake related greenspace provides many benefits to residents and visitors, which often get unnoticed. The Millennium Ecosystem Assessment Project (2005) proposed the valuation of ecosystem services, defined as regulatory, provisional, ecosystem support, providing cultural services from natural resources, free of charge. The challenge here is: How can we use cultural ecosystem services derived from scenic landscapes for Greenspace management and assessment? Cultural ecosystem services received international recognition as part of the Millennium Ecosystem Assessment Project (2005). Also, ecosystems services encompass regulatory, provisional and ecosystem support. For this article, we are particularly concerned with cultural services, which include recreation, science and education, spiritual/historical as well as aesthetic functions. De Groot (2002) and Farber (2006) provided descriptions of cultural Ecosystem services. De Groot (2002) describes Information functions as comprising of; aesthetic information, recreation, cultural-artistic information and spiritual/historical information. Farber (2005) description of cultural services includes; aesthetic, recreation, science/education, and spiritual/historical functions. This article examines the existing literature with the objective of assessing ecosystem cultural services related to water-based scenic landscape resources and applies it to an Upstate New York lake landscape. Careful accounting of greenspace ecosystem services is presented as applied to lakeshore residents, village residents and town/watershed residents and other lake greenspace users utilizing the US Environmental Protection Agency’s user benefit calculations to yield over 10.6 million dollars of benefits per year (Smardon 2018).

Keywords: Cultural ecosystem; Ecosystem services; Greenspace management; Revenue streams (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:jibrme:v:4:y:2019:i:4:p:16-21

DOI: 10.18775/jibrm.1849-8558.2015.44.3002

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