BRAES Guest Speakers Series Presents:
“Economic value of Montreal’s green and blue belt non-market ecosystem services in a land use management and planning perspective”
Presenter: Dr. Jérôme Dupras
Assistant Professor, University of Québec
Friday, March 27th
10:30 – 11:30 AM Room: FIPKE 250
RSVP with Carolina Restrepo at email@example.com
The Greater Montreal (Quebec, Canada) area is currently re-evaluating the future of its land use planning and development sector. One of the approaches being considered is the monetization of non-market goods and services provided by biodiversity and ecosystems in this region. This is in the interest of providing decision makers and stakeholders a tool for quantification and comparison. In this presentation, we will first present the green and blue belt projects in the Greater Montreal area. We will secondly present two studies of ecosystem services valuation in the target area : 1) the analysis of the green belt value based on a benefit transfer methodology, and 2) the analysis of the blue belt based on a contingent ranking approach. For the green belt, the value measured for the 11 non-market ecosystem services (ES) monetized for the Greater Montreal area reached $2.2 billion/year. More than three-quarters of this total value is provided by the services of air quality regulation, recreation, and habitat for biodiversity. Ecosystems providing the highest non-market values are urban forests, woodlands, and wetlands. For the blue belt, the evaluation focused on six ES related to aquatic ecosystems, namely biodiversity, water quality, carbon sequestration, recreational activities, landscape aesthetics and education services. We also estimated the value associated to the areas of restored sites. We calculated the monetary value that a household would be willing to pay for each additional qualitative or quantitative unit of an ES. Depending on the ES, these marginal values varied between $ 0.11 and $ 15.39 per household per additional ES unit. We believe that the results of this ecosystem services value exercise could lead to better resource allocation and enable policy-makers to design more effective land use policies in southern Quebec.