| Economics | Socium | Environment |
|---|---|---|
Environmental Economics and Sustainable Development, 2021, 10 (29): 61-68
UDC 330.15 : 332.1 : 336.2 : 502/504
DOI: 10.37100/2616-7689.2021.10(29).8
JEL CLASSIFICATION: Q 57, Q 56; С 13
Olena Suhina
Candidate of Economic Sciences,
Public Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine», Kyiv
ORCID: https://orcid.org/0000-0002-5605-2606
FEATURES OF THE METHODOLOGY FOR CALCULATING THE VALUATION OF ECOSYSTEM RESOURCES
Abstract: Valuation of natural resources, in particular ecosystem resources, occupies one of the leading places in modern economic theory. It should be noted that all methodological and methodical approaches used in world practice to determine the value of natural resources, in their economic essence evaluate each object of using the nature as a commodity that can be bought, sold, leased, etc. This approach is based on an economic point of view and does not take into account the ecological properties of this resource (for example, forest is evaluated exclusively as wood – raw material for the woodworking industry, and its assimilative and oxygen-producing properties are not taken into account). In the article we propose a methodological approach to the valuation of ecosystem assets of territorial communities that provide assimilation and oxygen production services to society, which is based on the ecological-economic point of view. The essence of this method is that the valuation of ecosystem resources is determined by the cost of their ecosystem services that they provide to society throughout its life cycle. Moreover, when carrying out a summary valuation of various ecosystem assets (forest, water, land), the latter must be valued by the same (identical) method. The paper proposes an algorithm and a specific mathematical apparatus that allows to determine the value of any ecosystem resource and on its basis to determine the complex value of ecosystems owned by local communities. Tables of data on the volumes of carbon dioxide absorption by plants of Ukraine, which most intensively assimilate carbon dioxide, on indicators of oxygen release by plants and on the duration of the life cycle of certain species of trees and shrubs. It is these indicators can be used as performance characteristics in the proposed mathematical apparatus in the valuation of ecosystem assets. It is noted that the availability of valuation of ecosystem assets will allow, both at the state and local levels, to make appropriate management decisions on their effective use.
Key words: methodology, cost estimation, ecosystem resources (actives) assimilating and oxygen-producing services.
Language version: Ukrainian
References
1. Ampilov, YU. P. (2003). Stoimostnaya otsenka nedr [Valuation of subsoil]. Moscow: Geoinformsentr [in Russian].
2. Vel'mer, F.-V., Dal'khaymer, M. & Vagner, M. (2008). Ekonomicheskiye otsenki mestorozhdeniy [Economic evaluations of deposits]. Kyiv: Kniga [in Russian].
3. Pyrozhkov, S.I. (Eds.), & Khvesyk, M.A. (Eds.). (2015). Ekonomichna otsinka pryrodnoho bahatstva Ukrainy:monohrafiia [Economic assessment of natural wealth of Ukraine]. Kyiv: Public Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine» [in Ukrainian].
4. Povysheniye tseny kvot za vybrosy SO2 v stranakh YES. (2021). [Increase in the price of quotas for CO2 emissions in the EU countries.]. Retrieved from https://mcl.kiev.ua/povyshenie-ceny-kvot-za-vybrosy-so2-v-stranah-es/ [in Russian].
5. Lakyda, I.P. (2011). Kysneproduktyvnist modalnykh shtuchnykh sosniakiv miskykh lisiv mista Kyieva [Oxygen productivity of modal artificial pines of urban forests of the city of Kyiv] Retrieved from http://www.nbuv.gov.ua/portal/chem_biol/nvnau_lds/2011_164_3/11lip.pdf [in Ukrainian].
6. Shlapak, M. (2018). Klimatychni krapli. Mobilnyi dodatok ekolohichno-druzhnikh vchynkiv [Climatic drops. Mobile application of environmentally friendly actions.]. Retrieved from https://www.slideshare.net/MykolaShlapak/ss-92057771 [in Ukrainian].
7. Kulikova, M. Kakoye derevo vydelyaet bol'she kisloroda? [Which tree emits more oxygen?]. Retrieved from https://givoyles.ru/articles/nauka/kakoe-derevo-vydelyaet-bolshe-kisloroda [in Russian].
8. Tablitsa: skol'ko let zhivut derev'ya?! (2018). [Table: how many years do trees live?!]. Retrieved from https://worldtable.info/priroda/tablica-skolko-let-zhivut-derevja.html [in Russian].
9. Derevyago, I.P. (2019). Zelenyy rost ekonomiki: ot teorii k praktike [Green economic growth: from theory to practice]. – Minsk: Binera [in Russian].
Article publication date: 2021
Date of online version: 2021
UDC 330.15 : 332.1 : 336.2 : 502/504
DOI: 10.37100/2616-7689.2021.10(29).8
JEL CLASSIFICATION: Q 57, Q 56; С 13
Olena Suhina
Candidate of Economic Sciences,
Public Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine», Kyiv
ORCID: https://orcid.org/0000-0002-5605-2606
FEATURES OF THE METHODOLOGY FOR CALCULATING THE VALUATION OF ECOSYSTEM RESOURCES
Abstract: Valuation of natural resources, in particular ecosystem resources, occupies one of the leading places in modern economic theory. It should be noted that all methodological and methodical approaches used in world practice to determine the value of natural resources, in their economic essence evaluate each object of using the nature as a commodity that can be bought, sold, leased, etc. This approach is based on an economic point of view and does not take into account the ecological properties of this resource (for example, forest is evaluated exclusively as wood – raw material for the woodworking industry, and its assimilative and oxygen-producing properties are not taken into account). In the article we propose a methodological approach to the valuation of ecosystem assets of territorial communities that provide assimilation and oxygen production services to society, which is based on the ecological-economic point of view. The essence of this method is that the valuation of ecosystem resources is determined by the cost of their ecosystem services that they provide to society throughout its life cycle. Moreover, when carrying out a summary valuation of various ecosystem assets (forest, water, land), the latter must be valued by the same (identical) method. The paper proposes an algorithm and a specific mathematical apparatus that allows to determine the value of any ecosystem resource and on its basis to determine the complex value of ecosystems owned by local communities. Tables of data on the volumes of carbon dioxide absorption by plants of Ukraine, which most intensively assimilate carbon dioxide, on indicators of oxygen release by plants and on the duration of the life cycle of certain species of trees and shrubs. It is these indicators can be used as performance characteristics in the proposed mathematical apparatus in the valuation of ecosystem assets. It is noted that the availability of valuation of ecosystem assets will allow, both at the state and local levels, to make appropriate management decisions on their effective use.
Key words: methodology, cost estimation, ecosystem resources (actives) assimilating and oxygen-producing services.
Language version: Ukrainian
References
1. Ampilov, YU. P. (2003). Stoimostnaya otsenka nedr [Valuation of subsoil]. Moscow: Geoinformsentr [in Russian].
2. Vel'mer, F.-V., Dal'khaymer, M. & Vagner, M. (2008). Ekonomicheskiye otsenki mestorozhdeniy [Economic evaluations of deposits]. Kyiv: Kniga [in Russian].
3. Pyrozhkov, S.I. (Eds.), & Khvesyk, M.A. (Eds.). (2015). Ekonomichna otsinka pryrodnoho bahatstva Ukrainy:monohrafiia [Economic assessment of natural wealth of Ukraine]. Kyiv: Public Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine» [in Ukrainian].
4. Povysheniye tseny kvot za vybrosy SO2 v stranakh YES. (2021). [Increase in the price of quotas for CO2 emissions in the EU countries.]. Retrieved from https://mcl.kiev.ua/povyshenie-ceny-kvot-za-vybrosy-so2-v-stranah-es/ [in Russian].
5. Lakyda, I.P. (2011). Kysneproduktyvnist modalnykh shtuchnykh sosniakiv miskykh lisiv mista Kyieva [Oxygen productivity of modal artificial pines of urban forests of the city of Kyiv] Retrieved from http://www.nbuv.gov.ua/portal/chem_biol/nvnau_lds/2011_164_3/11lip.pdf [in Ukrainian].
6. Shlapak, M. (2018). Klimatychni krapli. Mobilnyi dodatok ekolohichno-druzhnikh vchynkiv [Climatic drops. Mobile application of environmentally friendly actions.]. Retrieved from https://www.slideshare.net/MykolaShlapak/ss-92057771 [in Ukrainian].
7. Kulikova, M. Kakoye derevo vydelyaet bol'she kisloroda? [Which tree emits more oxygen?]. Retrieved from https://givoyles.ru/articles/nauka/kakoe-derevo-vydelyaet-bolshe-kisloroda [in Russian].
8. Tablitsa: skol'ko let zhivut derev'ya?! (2018). [Table: how many years do trees live?!]. Retrieved from https://worldtable.info/priroda/tablica-skolko-let-zhivut-derevja.html [in Russian].
9. Derevyago, I.P. (2019). Zelenyy rost ekonomiki: ot teorii k praktike [Green economic growth: from theory to practice]. – Minsk: Binera [in Russian].
Article publication date: 2021
Date of online version: 2021