Objective:
The area surrounding the confluence of the north and south branches of Thornton Creek (Seattle) experiences storm water-related flooding more often than other areas. A cost-benefit analysis, which incorporated ecosystem services values, aimed at identifying the best cost-benefit ratio among three possible options. The assessment results were intended to inform the decision of the choice of a project option.
Lessons learnt:
The project influenced the assessment of policy options. The detailed monetary assessment supported the decision of the implementation of project options that balance the economic, environmental, and social benefits.
Organisations:
ValuES: Methods for integrating ecosystem services into policy, planning, and practice
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Postfach 5180 / P.O. Box 5180, 65726 Eschborn, Deutschland / Germany
T + 49 6196 79-1321, E info@aboutvalues.net
Other partners:
Helmholtz Centre for Environmental Research - UFZ;
Conservation Strategy Fund (CSF);
Federal Ministry for the Environment, Nature Conservation, Building and Nucelar Safety of the Federal Republic of Germany (Funding)