Tags: Economic and Fiscal Impact Analysis, Natural Resource Based Economic Development, Research, Surveys
Client Name: The Nature Conservancy
Location: New York
Resource Type: Report
Author Org: Yellow Wood Associates
Author: Samantha Dunn, Melissa Levy, Shanna Ratner
Year: 2014
The report “The Actual and Potential Economic Impact of Invasive Species on the Adirondack Park: A Preliminary Assessment: Executive Summary” explores the economic impacts of invasive species on specific sectors of the Adirondack Park’s economy. This Executive Summary provides an 11 page overview of highlights from the full 81 page report.
This first-of-its-kind assessment for the Adirondacks analyzes actual and potential impacts of eight invasive species, summarizes expenditures across sectors, species and strategies, and recommends strategic investments in prevention and control. The report highlights four key areas to avoid or minimize economic impacts: 1) pathway management, 2) public education, 3) rapid response and strategic control, and 4) regulation and enforcement.
The Adirondack Park Invasive Plant Program (APIPP) commissioned this study with private funding and contracted with Yellow Wood Associates. An advisory committee composed of science, policy and economic experts provided guidance and feedback.