Maryland Department of Natural Resources Has Developed a Tool for Assessing the Value of Land Across Maryland

Resources and Tools

Have you ever thought about, much less tried to assess, the economic benefits that open spaces and various types of natural ecosystems such as forests, wetlands and riparian zones have in non-development terms? How does one begin to quantify and put a price tag on carbon sequestration, flood mitigation, wildlife habitat or oxygen production? These are the questions that a powerful tool developed by the Maryland Department of Natural Resources (DNR) aims to answer. Continue reading