Transcription of The Value of New Jersey’s Ecosystem Services and …
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The Value of New Jersey’s Ecosystem Services and …
The Value of New Jersey s Ecosystem Servicesand Natural CapitalRobert CostanzaMatthew WilsonAustin TroyAlexey VoinovShuang LiuJohn D AgostinoGund Institute for Ecological EconomicsRubenstein School of Environment and Natural ResourcesUniversity of VermontBurlington, VT05405 Project supported by:Contract # SR04-075 William J. Mates, Project OfficerNew Jersey Department of Environmental ProtectionDivision of Science, Research, and TechnologyPO Box 409, Trenton, NJ 08625-0409 July 2006iiExecutive SummaryThis report summarizes the results of a two-year study of the economic Value of New Jersey snatural capital. Natural capital consists of those components of the natural environment that provide aalong-term stream of benefits to individual people and to society as a whole; the Value of natural capital isdefined in this report as the present Value of that benefit stream.
The Value of New Jersey’s Ecosystem Services and Natural Capital Robert Costanza Matthew Wilson Austin Troy Alexey Voinov Shuang Liu John D’Agostino
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