The results of total ecosystem value of $3,647,525,275 or $4,768 /acre, compare favorably to the results of $5,052.00/ acre found of the land studied by DOW.
- The per acre value represents the indirect use benefit provided by the natural ecosystem in conservation lands.
- Slightly under 25% of Florida’s conservation lands are estimated in this study, but the study contains heterogeneous ecosystem types spread throughout the state indicating that these sites are representative of Florida as a whole.
- Even if we use the lower bound of $2,384/acre these results can be useful to our client in engaging with the public.
- To obtain even more accurate results further studies are needed to provide primary valuation on the ecosystem service of the unique ecosystem types found only in Florida, for example, scrub and high pine landscape, mangroves, etc.