Integrated Valuation of Ecosystem Services and Tradeoffs (InVEST)
Source: InVEST
InVEST is a free, open-source software suite developed by the Natural Capital Project of Stanford University. It helps map and value ecosystem services that are crucial for human well-being, such as food production and water purification. The tool is used by a variety of entities like governments and corporations to evaluate trade-offs among multiple uses of natural resources. It offers models for different types of ecosystems like terrestrial, freshwater, and marine. The tool produces spatially-explicit models, outputting data in maps that can be tailored for local, regional, or global analyses. The models account for both the supply of services from ecosystems and the location of beneficiaries. Outputs can be in biophysical or economic terms, such as tons of carbon sequestered or its net present value. The Natural Capital Project aims to motivate greater investment in natural capital and incorporate its value into decision-making processes, aiming to shift the paradigm to one where natural capital is better understood and managed.
Ecosystem Service Categories
InVest is a specialized tool that enables decision makers to assess quantified tradeoffs associated with alternative management choices and to identify areas where investment in natural capital can enhance human development and conservation. The toolset includes distinct ecosystem service models designed for terrestrial, freshwater, marine, and coastal ecosystems.
Ecosystem Services Classified
Offshore Wind Energy
Habitat Risk Assessment
Coastal Vulnerability
Crop Pollination
Urban Cooling
Sediment Retention
Scenic Quality
Reservoir Hydropower Production (Water Yield)
Crop Production
Water Purification
Recreation
Wave Energy
Carbon
Urban Stormwater Retention
Seasonal Water Yield
Coastal Blue Carbon
Urban Flood Risk Mitigation
Habitat Quality
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