Jersey is blessed with a wealth
of breathtaking and highly valuable
natural resources. Our beaches,
forests, wetlands and other natural
resources provide countless benefits
to the public. In order to make
wise policy, planning, and regulatory
decisions, it is important to understand
the worth of these resources. This
report summarizes the results of
a two-year study that aims to quantify
the value of these resources. As
a way of expressing the value, it
estimates the dollar value of the
services and goods produced by New
Jersey’s natural capital.
Natural capital consists of components
of the natural environment that
provide long-term benefits to society.
Many of the benefits provided by
natural capital come from ecological
systems or ecosystems, a dynamic
complex of plant, animal, and microorganism
communities and their nonliving
environment, all interacting as
a functional unit. Forests, wetlands,
and lakes are examples of ecosystems.
This report is divided into three
main parts. Part I presents essential
background information, summarizes
the detailed findings of Parts II
and III and their limitations, and
explores in a preliminary way the
policy implications of the natural
capital project and the future research
needs in this area. Part II focuses
on ecosystem services and Part III
deals with ecosystem goods.
more information regarding this
report, please contact Ben Witherell.