Building Markets for Wetland Ecosystem Services

1. Team: Ana Fatima Masse (M) Sarah Miller (DM) Macarena Barragan David Berliner Roland Dillon Carolina Griggs Derina Man Gaelen McKee Thomas Murtha Catherine Ngo Mae Stevens Faculty Advisor: Professor Sara Tjossem Building Markets for Wetland Ecosystem Services Barbara Bendandi

2. Agenda • Project objective • Overview – wetland ecosystem services • Project approach • Next steps

3. What is our objective? Objective Client Deliverable Develop innovative and scalable market solutions to protect wetland ecosystem services A framework for multi-stakeholder participation in a wetland services market

4. What are ecosystem services? Users Services Providers Banking Phone and internet Clean air Clean water

5. What are wetland ecosystem services? Provisioning Regulating Recreation

6. What is the current state of wetlands? Quantity Current wetlands in the US Half of original US wetlands have been lost Quality Ecosystems are threatened by pollution

7. What are the options? Regulation Social Pressure Markets

8. How to approach the problem? Markets 1 Stakeholder mapping Measuring dependencies 2 Valuing ecosystem services 3 Market mechanisms 4

9. Who are the stakeholders? Farmers Businesses Recreational Users

10. How are dependencies measured? Stakeholder Service Dependency Beverage company Water filtration Substitute: filtration system

11. How much are the services worth? Replacement cost $ $

12. How can a market be created? Transactions between stakeholders Protection of wetland ecosystem services

13. How will we use the methodology? The methodology will be applied to two case studies: Regulating Provisioning Beverage company Insurance company Primary stakeholder Water quality Key service Flood protection

14. How will the project progress? Completed Next steps Case study 1 Final report and recommendations Project design Case study 2 Scientific overview Interviews Methodology

15. Questions?