YSE Economist Plays Key Role in Newly Finalized Guidance on Accounting for Ecosystem Services
How do proposed projects such as logging or new pipelines affect the benefits people derive from parks, wetlands, forests, and other natural resources? Until now, there have not been any specific federal guidelines directing agencies on how to assess ecosystems impacts. Eli Fenichel, Knobloch Family Professor of Natural Resources Economics at YSE, played a critical role in a new first-of-its kind guidance finalized by the White House in February, which provides a blueprint to assess how ecosystem services can be enhanced or diminished by federal rules.
Fenichel helped develop the guidance while on leave in 2021 to serve as assistant director for natural resource economics and accounting at the White House Office of Science and Technology Policy (OSTP). The agency, along with the Office of Budget Management (OBM) was tasked by President Biden with modernizing regulatory reviews to incorporate the assessment of natural assets.
“This is an avenue for real change. We’ll have more consistency in rulemaking and regulation around how we think about environmental services. Agencies will take a clearer and more deliberate view of how different rules or different programs create or alter the services people get from the environment and ecosystems,” Fenichel said.
While the value of ecosystems has sometimes been included in federal assessments in the past, there has never been a government wide directive or guidance for all federal agencies to account for costs and benefits of actions that impact natural resources. This omission has led to the “under-valuing and erosion of our natural resources,” said Arati Prabhakar, director of OSTP, and Richard Revesz, administrator for Information and Regulatory Affairs at OMB.
Agencies now must identify direct and indirect impacts on how their proposed actions might affect ecosystem services and establish a no-action baseline and explore alternative options.
Eli Fenichel
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YSE Students Win Questrom School of Business Sustainability Competition
A five-member team of students from the Yale School of the Environment and Yale School of Management won first place at the Boston Questrom School of Business Sustainability Case Competition for developing ideas to boost a solar company’s B Corp score.
“We worked hard over the course of two months to come up with solutions to real problems for real companies,” said team member Shivansh Chaturvedi ’26 MF/MBA.
The group earned the $50,000 prize during the third annual competition, besting more than 90 other teams in the country’s largest sustainability-focused case competition.
In the finals, the team focused on how New England-based ReVision Energy could boost its B Corp score, which measures firms’ social and environmental impact. The team calculated that ReVision could attract more female electricians by offering in-house childcare, which would save money by reducing employee turnover. The team also proposed carbon removal investments to neutralize ReVision’s environmental impact.
Chaturvedi said YSE’s interdisciplinary education helped the team clinch the win.
“We felt very confident going into that competition, knowing that we had a holistic understanding of the problem from various lenses,” he said.
Team members included Gabriel Gadsden ’26 PhD, Henry Ritter ’25 MEM/MBA, and Yale School of Management students Arjun Kumar ’25 MBA and Leigh Ramsey ’25 MBA.
Two local charities benefited, too. The competition required that the winners donate 10% of the prize to charity. The Yale team picked Save the Sound and Common Ground.
Study Finds Destruction of Ivory Does Not Reduce Elephant Poaching Rates
The world’s elephant population has declined by half since 1979, with just about 460,000 elephants remaining — down from ten million a century ago. In an effort to curtail the death of elephants caused by ivory poaching, about 300 tons of ivory has been destroyed since 1989. Kenya organized the first public burn of stockpiled ivory in 1989, to raise awareness and deter the trade of ivory and elephant poaching, but does destroying ivory helped or hurt efforts to protect elephants?
A study led by Emma Gjerdseth, a postdoctoral researcher at the Yale School of the Environment, examined the causal effects of ivory destruction on elephant poaching rates in Africa and Asian countries. The paper, published in the journal World Development, is the first to examine the impact of ivory destruction. It found that in African countries, ivory destruction increases poaching rates with large spillover effects across the continent. In Asia, there is no evidence that elephant poaching rates respond to ivory destruction.
“The destruction of ivory is not saving elephants in the wild,” Gjerdseth said. “While poaching incentives in the country with a destruction event are unchanged because the price effect is offset by enforcement and publicity, it leads to more elephant deaths across the continent. This can create perverse incentives for countries acting on their own to participate symbolically while other countries on the continent incur negative externalities from displaced poaching activity.”
The study found that a destruction event in Africa increases poaching rates by 18% across sites.
“This research suggests that proper management of confiscated illicit materials should not involve destruction,” Gjerdseth said. “It also highlights the importance of accounting for economic incentives in wildlife conservation strategies and policies.”
Four YSE Faculty Members Named to 2024 ‘Highly Cited Researchers’ List
Four Yale School of the Environment faculty members have been named to the world’s most influential researchers list by Clarivate Analytics, a company that compiles a list of scientists and social scientists whose papers rank in the top 1% of citations.
Included in this year’s list are Mark Bradford, E.H. Harriman Professor of Soils and Ecosystem Ecology; Anthony Leiserowitz, JoshAni - TomKat Professor of Climate Communication who is also director of the Yale Program on Climate Change Communication; Peter Raymond, Oastler Professor of Biogeochemistry; and Karen Seto, Frederick C. Hixon Professor of Geography and Urbanization Science. In total, 51 faculty members from Yale University made the list of 6,886 researchers worldwide who were cited by Clarivate.
Bradford’s research is centered on the health, biology, ecology and the carbon storage potential of forest and agricultural soils. More specifically, his work develops knowledge that helps predict how environmental change and management will affect the rates of carbon stabilization and decomposition processes, and how the size of soil organic carbon stores change in space and time.
A pioneer in the field of climate change communication, Leiserowitz’s works focuses on the public perception of climate change and environmental beliefs, attitudes, and behavior at multiple scales. Under his direction, YPCCC regularly publishes a report, Climate Change in the American Mind, that investigates, tracks, and explains public climate change knowledge, risk perceptions, policy support, and behavior in the U.S. YPCCC works with numerous partners and has researched and reported on public climate perceptions for several countries including Ireland and India.
Raymond's research focuses on the chemistry and ecology of inland waters. More specifically, his work looks at the exchange of greenhouse gases between inland waters and the atmosphere, controls on the transport of terrestrial elements to inland and coastal waters, the metabolism of aquatic ecosystems, and how storms and droughts impact aquatic ecology.
Seto is one of the world's leading experts on urbanization and its aggregate impacts on the planet, including climate change, biodiversity, and food systems. As a geographer and urban scientist, she integrates remote sensing and field interviews to study urbanization and land change, forecast urban growth, and the environmental consequences of urban expansion.