INVEST

Regional Economic Valuation

INTEGRATED VALUATION OF ECOSYSTEM SERVICES TOOL
(INVEST)

REGIONAL ECONOMIC VALUATION

"If you have questions or comments about INVEST please Contact Us"

 

Regional Valuation Image

Relative Value Estimate for Green Infrastructure and its Associated Ecosystem Services in West Michigan is

~$1.8 billion per year*

 * This amount represents an estimated value only and should not be interpreted as an actual value.
Legend
  • Red: > $10,000*
  • Orange:$2,001- $10,000*
  • Green: $201 - $2,000*
  • Blue: $0 - $200*
  • Grey:DevelopedArea/Not Valued
*All values are per acre per year.
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

 

Allegan Muskegon
Kent
 

  

For county-level data select a county name from this list:
 
 
 
 
 
 
 
 

 

 

Preliminary Value Estimates for Ecosystem Services in West Michigan
(Per Acre Per Year)
Select a value or descriptor for additional information.
 
Cropland

Orchards & Specialty Crops

Grass,Shrub & Prairie
Forest
Water
Wetlands
Great Lakes Sand Dunes & Beach
Other Bare Lands
Food Production
Raw Materials
Aesthetic/Amenity

Private: $38

Public: $3,311

Private: $19,437

Public: $62,171

Recreation
Fish/Wildlife Habitat
Pollination
Nutrient Cycling
Waste Assimilation
Erosion Control
Water Regulation
Water Supply

              NEI: Not enough information              INS: Value presumed to be insignificant                n/a: not applicable

 

 

This pie chart and associated table show the break down of land use and the lower bound value estimates for the West Michigan policy region.

Land Use and Cover
Acres
Estimated Annual Value
Cropland
1,192,127
$119,212,726
Orchards & Specialty Crops
39,519
$14,977,686
Grasses, Shrubs & Prairie Lands
456,829
$25,582,424
Forest Lands
996,189
$1,111,015,891
Water
67,540
$62,339,152
Wetlands
58,579
$81,483,097
Great Lakes Sand Dunes & Beaches
4,762
$138,820,172
Other Bare Lands
10,265
$3,787,718
Developed Lands
268,387
Not valued
Total
3,094,197
$1,565,218,867
 

 

In addition to the data listed above in the value matrix, the Project Team estimated values for ecosystem services associated with rails-to-trails. The West Michigan policy region also has 123.16 miles of rails-to-trails. The Ecosystem Services associated with this land use include Aesthetics/Amenity and Recreation, but there was enough information to determine an ecosystem services value only for Recreation. The estimated value for the rails-to-trails in the West Michigan policy region is $299,401 per mile per year, or ~ $36.9 million (Betz et al 2003; Siderelis and Moore 1995; Siderelis et al 2000).