Paying for Restoration

• DOI: 10.1046/j.1526-100x.2000.80037.x
• Publication Date: 2003-03-12T19:14:25Z
• Authors: Karen D. Holl; Richard B. Howarth
• Keywords: Restoration Ecology; Contingent valuation; environmental restoration; Public Funding

Abstract The question of how society is going to pay for restoration has received little open discussion. We review existing literature and examples explore two questions: How should ecological economic considerations be balanced in determining expenditures on projects? the substantial costs involved? discuss a number different techniques amount money allocate efforts, including ecosystem replacement costs, quantifying services, contingent valuation, surrogate market price techniques. then strategies paying private funding by party responsible damage, public through taxes, voluntary contributions, various public/private partnerships. conclude discussing other developing restoration, uncertainty, time‐scale, evaluating success, regional planning.