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Research

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Research Call

DAFM Reference

Lead(Collaborating)Institution

DAFM Award

DAFM National Call 2015 15/S/736 NUIG (Teagasc) €107,196

Project Title:

Valuing agricultural catchments Ecosystems Services

Project Coordinator:

Dr. Stephen Hynes

Project Abstract

Agricultural ecosystems supply market services such as food, fibres, fuels and other non-market services vital to human well-being. The purpose of this project is to create an inventory of the ecosystem services provided by farmers in agricultural catchments and place economic values on these services. Cost-effective public policy, in the form of agrienvironmental schemes that provide incentives for farmers to provide ecosystem services from agriculture, require estimates of how society can maximize returns on such investments. Both market and non-market valuation methods can provide estimates of the costs to farmers of supplying these ecosystem services as well as the amount that consumers would be willing to pay to receive them. Research is required both to design cost-effective incentives to provide ecosystem services in agricultural catchments and to measure which kinds of ecosystem services could provide the greatest overall welfare benefits to society.

Final Report:

Not available yet.