How would david holtzman suggest that the value of the


Journal Assignment

Complete Part 1 and Part 2, and submit the document for grading.

Part 1: Choose one ecosystem in your area. For example, you could choose a forest, a wetland, or a lake. Complete the table below for your chosen ecosystem.

Provisioning Services

How does your selected ecosystem provide this service? If it does not, enter N/A

Food:

 

Raw Materials:

 

Fresh Water:

 

Medicinal Resources:

 

Regulating Services

How does your selected ecosystem provide this service? If it does not, enter N/A

Local Climate and Air Quality:

 

Carbon Sequestration and Storage:

 

Moderation of Extreme Events:

 

Waste-Water Treatment:

 

Erosion Prevention and Soil Fertility:

 

Pollination:

 

Biological Control:

 

Habitat or Supporting Services

How does your selected ecosystem provide this service? If it does not, enter N/A

Habitats for Species:

 

Maintenance of Genetic Diversity:

 

Cultural Services

How does your selected ecosystem provide this service? If it does not, enter N/A

Recreation and Mental and Physical Health:

 

Tourism:

 

Aesthetic Appreciation and Inspiration for Culture, Art, and Design:

 

Spiritual Experience and a Sense of Place:

 

Part 2: After thinking about the estimated value of your ecosystem based on the services you listed in the table above, write a one-page response to the questions below.

Imagine there is a proposed development project that would degrade the ecosystem you described.

• How would David Holtzman suggest that the value of the ecosystem be assessed to determine its replacement value?

• How would Marino Gatto and Guilio DeLeo suggest the ecosystem's value be assessed?

• Lastly, do you think that a value could be placed on this ecosystem such that the developer could pay to make up for the loss of ecosystem services with technological solutions?

• Be sure to address the positives and negatives of pricing the ecosystem you selected.

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