{"id":213,"date":"2011-08-10T21:03:00","date_gmt":"2011-08-10T21:03:00","guid":{"rendered":"https:\/\/blogs-dev.lib.uconn.edu\/outsidetheneatline\/2011\/08\/10\/arcgis-toolbox-calculates-the-value-of-natures-goods-and-services\/"},"modified":"2011-08-10T21:03:00","modified_gmt":"2011-08-10T21:03:00","slug":"arcgis-toolbox-calculates-the-value-of-natures-goods-and-services","status":"publish","type":"post","link":"https:\/\/blogs-dev.lib.uconn.edu\/outsidetheneatline\/2011\/08\/10\/arcgis-toolbox-calculates-the-value-of-natures-goods-and-services\/","title":{"rendered":"ArcGIS Toolbox Calculates the Value of Nature’s Goods and Services"},"content":{"rendered":"\n\n\n\n
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Dr. Gretchen Daily co-edited this book which aims “to provide the most intensive and best technical analyses of ecosytem services to date”.<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

On Monday, The New York Times<\/a> published this article that features Dr. Gretchen Daily’s work<\/a> in which she investigates the value of natural capital, <\/i>or “nature’s goods and services that are fundamental to human life”. Her interest, the article details, developed while working in Costa Rica and blossomed into her co-founding of the Natural Capital Project<\/a>. <\/p>\n

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Just how much is nature worth?<\/a><\/span><\/div>\n
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The Natural Capital Project has developed a suite of geospatial tools, InVEST (Integrated Valuation of Ecosytem Services and Tradeoffs)<\/a>, that quantifies the impact of land use change on natural capital<\/i>. This set of tools run in ArcGIS and aim to answer questions like the following examples from the InVEST website<\/a>:<\/p>\n