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Published on Feb 14, 2013
Title: The Natural Capital Project and Nature's Benefits
Presenter: Dr. Taylor Ricketts, Director of the Gund Institute for Ecological Economics and Professor of Natural Resources at the Rubenstein School of Environment and Natural Resources at UVM.
Topic: Gund Director, Taylor Ricketts, discusses the Natural Capital Project, which is developing tools for quantifying the values of natural capital in clear, credible, and practical ways. He discusses InVEST, a family of software-based tools that enable decision-makers to quantify the importance of natural capital, assess tradeoffs associated with alternative choices, and integrate conservation and human development. He explains his work examining the benefits of native pollinators for farmers in maximizing their crop production. With the overall goal of optimizing the management of landscapes that allow farmers to make a living while species and biodiversity thrive. Taylor also explores how he is applying this work to the Vermont landscape through the variety of locally important crops and farmer livelihoods that depend on pollination services.
The Gund Institute is a hub for transdisciplinary scholarship, based at the University of Vermont and comprising diverse faculty, students, and collaborators worldwide. Together we conduct research at the interface of ecological, social, and economic systems, develop creative, practical solutions to local and global environmental challenges, and provide future leaders with the tools and understanding necessary to navigate the transition to a sustainable society.