Fun with Science Club®


			What are Ecosystem Services Worth? Ecological Society of America 02.01.01 Natural ecosystems and the plants and animals within them provide humans with services that would be very difficult to duplicate. While it is often impossible to place an accurate monetary amount on ecosystem services, we can calculate some of the financial values. Many of these services are performed seemingly for "free", yet are worth many trillions of dollars, for example: Much of the Mississippi River Valley's natural flood protection services were destroyed when adjacent wetlands were drained and channels altered. As a result, the 1993 floods resulted in property damages estimated at twelve billion dollars partially from the inability of the Valley to lessen the impacts of the high volumes of water. Eighty percent of the world's population relies upon natural medicinal products. Of the top 150 prescription drugs used in the U.S., 118 originate from natural sources: 74 percent from plants, 18 percent from fungi, 5 percent from bacteria, and 3 percent from one vertebrate (snake species). Nine of the top 10 drugs originate from natural plant products. Over 100,000 different animal species - including bats, bees, flies, moths, beetles, birds, and butterflies - provide free pollination services. One third of human food comes from plants pollinated by wild pollinators. The value of pollination services from wild pollinators in the U.S. alone is estimated at four to six billion dollars per year. Before it became overwhelmed by agricultural and sewage runoff, the watershed of the Catskill Mountains provided New York City with water ranked among the best in the Nation by Consumer Reports. When the water fell below quality standards, the City investigated what it would cost to install an artificial filtration plant. The estimated price tag for this new facility was six to eight billion dollars, plus annual operating costs of 300 million dollars - a high price to pay for what once was free. New York City decided instead to invest a fraction of that cost ($660M) in restoring the natural capital it had in the Catskill’s watershed. In 1997, the City raised an Environmental Bond Issue and is currently using the funds to purchase land and halt development in the watershed, to compensate property owners for development restrictions on their land, and to subsidize the improvement of septic systems.


			Prepared by The Ecological Society of America 1707 H Street, NW, Suite 400 Washington, DC 20006