- This report summarizes the results of a two-year study that quantified the value of New Jersey’s natural resources. It gives the annual dollar value (in 2004 dollars) and present value, the amount of money that would need to be invested now at a 3% interest rate to generate an equal level of annual monetary benefits.
- The total value of New Jersey’s natural capital is about $20 billion per year (present value $680 billion), plus or minus $9 billion per year (present value $300 billion).
- The annual value of the services provided by New Jersey’s natural capital is conservatively estimated at between $8.6 billion (present value $288 billion) and $19.8 billion (present value $660 billion).
- The annual value of the goods provided by New Jersey’s natural capital is estimated at between $2.8 billion (present value $93 billion) and $9.7 billion (present value $322 billion).
- Additionally, wildlife-related tourism is estimated to annually generate about $3 billion of gross economic activity in New Jersey.
Open space
Economic
