I'm working on a PES scheme involving cover-crops to reduce nutrients from agricultural farms diffusing into adjacent water bodies ( which include groundwater, river and a lake).
The purpose of this scheme is to improve water quality for the downstream consumer.
I want to gauge socio-economic impacts of the PES scheme for both the ecosystem service buyer/water-consumer and the seller/farmer.
- Social values may include aesthetic, cultural values, etc.
- Economic values include income, subsidies, etc
Traditional software such as InVEST calculate economic values for natural capital only. I was wondering if there's a software tool/model that can simulate the change in social, economic and environmental values associated with a change in land use.
This is very interesting topic. As far as I know currently there's no software capable of handling such complex problems especially because:
1. The nature of social factors are quite subjective.
2. Like butterfly effect, altering land use in one place may affect urban dynamics of other places even from far away.
I can't say there is any specific software, however, to simulate social and economic impacts you can use some gamified models.
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