Ecosystem services valuation: a review of concepts, systems, new issues, and considerations about pollution in ecosystem services

Abstract

Managers can determine the function of ecosystem services in decision-making processes through valuation. Ecological functions and processes that benefit people lead to ecosystem services. Valuing ecosystem services mean finding values for the benefits of ecosystem services. For the concepts related to ecosystem services and their valuation, categories in different articles have been presented. One of the most important issues is providing a suitable grouping for different methods and concepts of valuing ecosystem services. In this study, the most recent topics related to ecosystem service valuation methods were compiled and categorized by using the system theory. The aim of this study was to introduce some of the most important classical and modern methods and concepts of valuing ecosystem services. For this aim, a review of articles related to ecosystem service valuation methods, content analysis, and categorization of their contents was used to provide definitions, concepts, and categorization of different methods. To summarize, valuation methods are classified into two types: classical and modern methods. Classical approaches include the avoided cost method, the replacement cost method, the factor income method, the travel cost method, hedonic pricing, and contingent value. Modern methods include the basic value transfer method, deliberative ecosystem service valuation, valuation of climate change risks, and other cases that evolve every day in the world of science. Findings of the paper have the potential to be beneficial in comprehending the definitions and ideas of ecosystem services in ecosystem management, particularly in protected areas, participatory management, and pollutant research. This research can add to the worldwide literature on the valuing of ecosystem services while also determining the most pressing issues and difficulties of today, such as climate change, pollution, ecosystem management, and participatory management.

Keywords: Basic value transfer method; Classical valuation methods; Climate change; Deliberative ecosystem service valuation.