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The Value of Ecosystem Services from Giant Panda Reserves

Citation

Wei, F and Costanza, R and Dai, Q and Stoeckl, N and Gu, X and Farber, S and Nie, Y and Kubiszewski, I and Hu, Y and Swaisgood, R and Yang, X and Bruford, M and Chen, Y and Voinov, A and Qi, D and Owen, M and Yan, L and Kenny, DC and Zhang, Z and Hou, R and Jiang, S and Liu, H and Zhan, X and Zhang, L and Yang, B and Zhao, L and Zheng, X and Zhou, W and Wen, Y and Gao, H and Zhang, W, The Value of Ecosystem Services from Giant Panda Reserves, Current Biology, 28, (13) pp. 2174-2180.e7. ISSN 0960-9822 (2018) [Refereed Article]


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DOI: doi:10.1016/j.cub.2018.05.046

Abstract

Ecosystem services (the benefits to humans from ecosystems) are estimated globally at $125 trillion/year [1, 2]. Similar assessments at national and regional scales show how these services support our lives [3]. All valuations recognize the role of biodiversity, which continues to decrease around the world in maintaining these services [4, 5]. The giant panda epitomizes the flagship species [6]. Its unrivalled public appeal translates into support for conservation funding and policy, including a tax on foreign visitors to support its conservation [7]. The Chinese government has established a panda reserve system, which today numbers 67 reserves [8, 9]. The biodiversity of these reserves is among the highest in the temperate world [10], covering many of China's endemic species [11]. The panda is thus also an umbrella species [12]-protecting panda habitat also protects other species. Despite the benefits derived from pandas, some journalists have suggested that it would be best to let the panda go extinct. With the recent downlisting of the panda from Endangered to Vulnerable, it is clear that society's investment has started to pay off in terms of panda population recovery [13, 14]. Here, we estimate the value of ecosystem services of the panda and its reserves at between US$2.6 and US$6.9 billion/year in 2010. Protecting the panda as an umbrella species and the habitat that supports it yields roughly 10-27 times the cost of maintaining the current reserves, potentially further motivating expansion of the reserves and other investments in natural capital in China.

Item Details

Item Type:Refereed Article
Keywords:cultural service, ecosystem service value, giant panda, nature reserve, provisioning service, regulatory service
Research Division:Biological Sciences
Research Group:Zoology
Research Field:Zoology not elsewhere classified
Objective Division:Environment
Objective Group:Ecosystem Assessment and Management
Objective Field:Ecosystem Assessment and Management at Regional or Larger Scales
UTAS Author:Stoeckl, N (Professor Natalie Stoeckl)
ID Code:136219
Year Published:2018
Web of Science® Times Cited:16
Deposited By:College Office - CBE
Deposited On:2019-12-06
Last Modified:2019-12-06
Downloads:0

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