Economic valuation study on biodiversity, Mt. Hamiguitan, Philippines by Roy G. Ponce, royg.ponce@gmail.com

1. Benefit-Transfer Ecosystem Services Valuation of the Mining Area in Mt. Hamiguitan Ranges and its Environs Ponce, R. & Tabora, J.

5. Conceptual Framework Holistic Benefit-Cost Analysis Economic Efficiency & Equity Economic Value of Ecosystem Services Benefit Transfer Valuation Biodiversity Research

9. Results and Discussions

10. Table 1 Ecosystem Services Aesthetic information** Recreation Cultural and artistic information** Spiritual and historic information** Science and education** Information Functions Food production Raw materials Genetic resources Medicinal resources* Ornamental resources* Production Functions Refugia Nursery Habitat Functions Gas regulation Climate regulation Disturbance prevention Water regulation Water supply Soil retention Soil formation Nutrient regulation Waste treatment Pollination Biological control Regulation Functions Ecosystem Service Primary Category

11. Table 2 Summary of global value of annual ecosystem services grouped by primary category as applicable to Mt. Hamiguitan and its environs 8,498 20,945 230 567 41 101 - 8,227 20,277 Lakes/Rivers 9,990 24,624 658 1,622 628 1548 169 417 8,535 21,037 Mangroves 244* 601 2 5 67 165 - 175 431 Grass/Rangelands 2,008** 4,949 114 281 388 956 - 1,506 3,712 Tropical forest 6,076** 14,975 3,009 7,416 247 609 7 17 2,813 6,933 Coral reefs 19,004 46,840 - 2 5 - 19,002 46,835 Seagrass/Algae beds 22,832 56,276 410 1,011 546 1,346 131 323 21,745 53,596 Estuaries Total Value Information Function Production Function Habitat Function Regulation Function Average Ecosystem Services per Hectare per Year in 1994 US$ and 2010* US$ Biome

12. Table 3 Mt.Hamiguitan Ecosystems

13. Table 4 Valuation of Ecosystem Services of Mt. Hamiguitan Mining Area and its Environs by Primary Function in 2010 US$

22. Thank You