The economic value of ecosystem services from the terrestrial habitats of the Isle of Man

Project description: 

This report presents an economic assessment of the contribution to human well-being by ecosystem services from terrestrial habitats on the Isle of Man. Ecosystem services for each broad habitat type were assessed using value transfer methods. The valuation draws on the results of existing initiatives including the UK National Ecosystem Assessment (NEA) and The Economics of Ecosystems and Biodiversity (TEEB). The specific objectives of this project were firstly, to undertake as full an analysis as possible of economic values of the Isle of Man’s terrestrial ecosystems based on the available datasets, and secondly, to apply value transfer methods to calculate values for each broad habitat type. Six economically important ecosystem services were valued: outdoor recreation; aesthetic enjoyment of the landscape; nature related tourism; flood control; water supply; and water quality regulation. The total annual value of these six services was estimated at £42 million. Due to data limitations, not all ecosystem services from all habitat types could be valued in the assessment. It is also noted that the non-use value of biodiversity (the value that people place on the existence and preservation of biodiversity unrelated to any direct or indirect use) is not yet measured.

Organisations involved: 

Defra, Isle of Man Government

Scale of project: 
Regional
Location: 
Isle of Man
Total area covered by project: 
572 (sq. km)
Special purposes of project: 
Map economic values of ecosystem services
Map social/cultural values
What ecosystem service classification was used?: 

UKNEA

Which ecosystem services were focused on?: 

Cultural
  • Aesthetic/inspiration
  • Recreation/tourism
Provisioning
  • Water supply
Regulating
  • Detoxification and purification in air, soils and water
  • Flood control
Habitats mapped for ecosystem services: 
Coastal margins
Enclosed farmland
Freshwater, wetlands and floodplains
Mountains, moors and heaths
Semi-natural grasslands
Woodland
Baseline data: 
Habitat or land cover
Notes on sources of baseline data used: 

The spatial data used is from the Isle of Man Ecological Habitat Survey

Contact name: 
Luke Brander
Contact job title: 
Environmental Economist
Organisation: 
Brander Ltd.
Phone: 
+852 6114 3126
Location: