Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review

This study focuses on the valuation of ecosystem services in Kenya and Vietnam, two countries that have received much attention from the international development community for their biodiversity significance, opportunities for scaling, climate and poverty challenges, and political will. Using The E...

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Autores principales: Hettiarachchi, Upeksha, Zhang, Wei, Pham, Thuy Thu, Davis, Kristin E., Fadda, Carlo
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2023
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Acceso en línea:https://hdl.handle.net/10568/137422
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author Hettiarachchi, Upeksha
Zhang, Wei
Pham, Thuy Thu
Davis, Kristin E.
Fadda, Carlo
author_browse Davis, Kristin E.
Fadda, Carlo
Hettiarachchi, Upeksha
Pham, Thuy Thu
Zhang, Wei
author_facet Hettiarachchi, Upeksha
Zhang, Wei
Pham, Thuy Thu
Davis, Kristin E.
Fadda, Carlo
author_sort Hettiarachchi, Upeksha
collection Repository of Agricultural Research Outputs (CGSpace)
description This study focuses on the valuation of ecosystem services in Kenya and Vietnam, two countries that have received much attention from the international development community for their biodiversity significance, opportunities for scaling, climate and poverty challenges, and political will. Using The Economics of Ecosystems and Biodiversity (TEEB) framework and the Millenium Ecosystem Assessment (MEA), this study estimates per hectare values of ecosystem services in Kenya and Vietnam based on a systematic literature review of studies on the values of ecosystem services in both countries. Provisioning services, such as medicines, timber, and non-timber forest products were better studied than regulating, supporting and cultural ecosystem services, underscoring the need for further research to better estimate the values of non-tangible services which would improve the estimation of total value of ecosystem services in Kenya and Vietnam. To complement the national level analysis, we selected forest biomes to conduct a value transfer analysis. Forests provide ecosystem service benefits worth $25.78 billion for Kenya and $35.6 billion in Vietnam in 2022 USD. In comparison, the agricultural sector contributed $48.50 billion to Vietnam’s GDP and $24.10 billon to Kenya’s GDP in 2021. The per hectare values for ecosystem services are used in a value transfer analysis to estimate the total value of forest ecosystem services in Vietnam and Kenya. The average per hectare value of ecosystem services provided by forests in Kenya is $5,718.50 ha−1 yr−1 estimated within a range spanning $1,609.44 to $15,606.62 ha−1 yr−1 , while Vietnam's forests demonstrate an average value of $3,650.20 ha−1 yr−1 , with a range of $84.93 to $8,978.16 ha−1 yr−1 . We project the loss of forests into 2050 and estimate the annual economic loss of ecosystem services at $48.08 million for Kenya and $76.29 million for Vietnam, respectively, if deforestation and forest degradation continue at the current rates. Our approach presents a comprehensive overview of diverse ecosystem services, equipping policymakers with a nuanced comprehension of ecosystems’ inherent value. By consolidating values from the literature into a national-level estimate, we provide compelling evidence at a broader scale for informed decision-making. Despite the well-known limitations of value transfer method and with caveats, the values presented in our paper can provide a guiding reference for incorporating these estimations into broader policymaking endeavors.
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spelling CGSpace1374222025-12-02T21:03:03Z Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review Hettiarachchi, Upeksha Zhang, Wei Pham, Thuy Thu Davis, Kristin E. Fadda, Carlo biodiversity deforestation ecosystem services forests policies value theory This study focuses on the valuation of ecosystem services in Kenya and Vietnam, two countries that have received much attention from the international development community for their biodiversity significance, opportunities for scaling, climate and poverty challenges, and political will. Using The Economics of Ecosystems and Biodiversity (TEEB) framework and the Millenium Ecosystem Assessment (MEA), this study estimates per hectare values of ecosystem services in Kenya and Vietnam based on a systematic literature review of studies on the values of ecosystem services in both countries. Provisioning services, such as medicines, timber, and non-timber forest products were better studied than regulating, supporting and cultural ecosystem services, underscoring the need for further research to better estimate the values of non-tangible services which would improve the estimation of total value of ecosystem services in Kenya and Vietnam. To complement the national level analysis, we selected forest biomes to conduct a value transfer analysis. Forests provide ecosystem service benefits worth $25.78 billion for Kenya and $35.6 billion in Vietnam in 2022 USD. In comparison, the agricultural sector contributed $48.50 billion to Vietnam’s GDP and $24.10 billon to Kenya’s GDP in 2021. The per hectare values for ecosystem services are used in a value transfer analysis to estimate the total value of forest ecosystem services in Vietnam and Kenya. The average per hectare value of ecosystem services provided by forests in Kenya is $5,718.50 ha−1 yr−1 estimated within a range spanning $1,609.44 to $15,606.62 ha−1 yr−1 , while Vietnam's forests demonstrate an average value of $3,650.20 ha−1 yr−1 , with a range of $84.93 to $8,978.16 ha−1 yr−1 . We project the loss of forests into 2050 and estimate the annual economic loss of ecosystem services at $48.08 million for Kenya and $76.29 million for Vietnam, respectively, if deforestation and forest degradation continue at the current rates. Our approach presents a comprehensive overview of diverse ecosystem services, equipping policymakers with a nuanced comprehension of ecosystems’ inherent value. By consolidating values from the literature into a national-level estimate, we provide compelling evidence at a broader scale for informed decision-making. Despite the well-known limitations of value transfer method and with caveats, the values presented in our paper can provide a guiding reference for incorporating these estimations into broader policymaking endeavors. 2023-12-31 2024-01-09T17:34:18Z 2024-01-09T17:34:18Z Working Paper https://hdl.handle.net/10568/137422 en https://doi.org/10.2499/p15738coll2.136556 https://doi.org/10.1088/1748-9326/acadf4 https://doi.org/10.1088/1748-9326/aabfb0 https://www.cgiar.org/news-events/news/ecosystem-services-may-provide-large-economic-values-in-forests-in-kenya-and-vietnam/ Open Access application/pdf International Food Policy Research Institute Hettiarachchi, Upeksha; Zhang, Wei; Pham, Thuy Thu; Davis, Kristin; and Fadda, Carlo. 2023. Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review. IFPRI Discussion Paper 2228. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.137080.
spellingShingle biodiversity
deforestation
ecosystem services
forests
policies
value theory
Hettiarachchi, Upeksha
Zhang, Wei
Pham, Thuy Thu
Davis, Kristin E.
Fadda, Carlo
Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title_full Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title_fullStr Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title_full_unstemmed Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title_short Ecosystem services may provide large economic values in Kenya and Vietnam: A value transfer application based on results from a systematic literature review
title_sort ecosystem services may provide large economic values in kenya and vietnam a value transfer application based on results from a systematic literature review
topic biodiversity
deforestation
ecosystem services
forests
policies
value theory
url https://hdl.handle.net/10568/137422
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