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
This report explores the economic impacts of invasive species on specific sectors of the Adirondack Park’s economy. 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.
[Note: The Final Report was updated on 11/04/14. A change was made to page 62 of the original report (dated 09/09/14) for clarification purposes. This version (dated 11/04/14) is the most up-to-date version.]