Natural Resource Economics Commons^™

Carbon Storage And Valuation Of Ecosystem Services On A Restored Urban Forest In Northeastern Illinois, Madeline Mertes, Bailey Didier

DePaul Discoveries

Urban forests provide a multitude of different valuable ecosystem services, such as carbon sequestration and air pollutant removal. However, urban forests are also at risk due to negative impacts brought on by climate change and the increased presence of invasive species. In this natural experiment, 3 transects of land in Prairie Wolf Slough, Highland Park, Illinois was monitored over the course of 4 years in order to evaluate demographic changes. The estimated total whole tree biomass for the forest was calculated to be 115,420.4 kg in the year 2016 and 115,154.0 kg for the year 2020. The total amount of …

Climate Change Adaptation Case Study: Benefit-Cost Analysis Of Coastal Flooding Hazard Mitigation, Will Cooper, Federico Garcia, Diana Pape, David Ryder, Ben Witherell

Journal of Ocean and Coastal Economics

The damage Hurricane Sandy caused had far-reaching repercussions up and down the East Coast of the United States. Vast coastal flooding accompanied the storm, inundating homes, businesses, and utility and emergency facilities. Since the storm, projects to mitigate similar future floods have been scrutinized. Such projects not only need to keep out floodwaters but also be designed to withstand the effect that climate change might have on rising sea levels and increased flood risk.

In this study, we develop an economic model to assess the costs and benefits of a berm (sea wall) to mitigate the effects of flooding from …