Natural Resource Economics

Valuation of Natural Capital and Ecosystem Services

Decisions about natural resources often carry major financial, social, and environmental consequences. Leaders face uncertainty, competing priorities, and pressure from multiple stakeholders. Integral’s Natural Resource Economics team provides rigorous analysis and clear communication that translate complex trade-offs into actionable insights—so you can make decisions with confidence.

We value services in terms of their contribution to the objectives of the client, be that a company’s bottom line, effects on various stakeholders, or the public at large.  By tailoring the analysis to the needs of the client, our valuations are targeted to cost-effectively improve management decisions.

Technical Leaders

Theodore D. Tomasi, Ph.D. Senior Principal

Bio

Will Cooper Senior Consulting Economist, Technical Director - Natural Resources and Environmental Economics

Bio

Claire Munaretto Senior Economist

Bio

Andrew Bechard, Ph.D. Consulting Economist

Bio

Knowledge Share

Project

Navigating Complex Multiparty Natural Resource Damage Claims in a Cooperative Assessment Framework

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Project

Realizing Value from Non-producing Land Assets

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Project

Valuing Groundwater with Uncertain Surface Water Supply

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Benefit–Cost and Economic Impact Analysis

Every policy, project, or regulation has ripple effects. Our economists help you see the full picture—balancing costs, benefits, and community impacts—so you can justify your choices to stakeholders and regulators with confidence.

Key Capabilities:

  • Identify and quantify the economic trade-offs of proposed actions
  • Evaluate effects on income, jobs, and tax revenue
  • Deliver analyses that withstand regulatory and public scrutiny
  • Communicate results in clear, decision-ready terms

Decision Analysis

In uncertain environments, making the right call isn’t easy—especially when stakeholders have competing priorities. We help you weigh multiple outcomes, assess risk, and choose strategies that stand up over time.

Specialized Services:

  • Structured approaches to decision-making under uncertainty
  • Tools to compare stakeholder values and competing objectives
  • Scenario planning to anticipate external responses
  • Transparent process that builds consensus and credibility

Natural Capital Assessment

Your assets extend beyond balance sheets. We quantify the economic value of natural capital and ecosystem services, showing how natural resources contribute to your goals and how decisions affect those values.

Assessment Services:

  • Valuation of natural capital in financial and social terms
  • Ecosystem service analysis to capture full resource value
  • Accounting frameworks that integrate nature into business and policy decisions
  • Insights that align resource management with long-term sustainability

FAQs

When should I use natural resource economics in my projects?

Whenever you’re making decisions with major financial, community, or environmental impacts. Our analyses provide clarity that reduces uncertainty and strengthens stakeholder trust.

How is Integral’s approach different?

We combine deep technical expertise with clear, persuasive communication. Our work doesn’t just quantify impacts—it helps you defend your choices and build consensus.

Can you tailor your analysis to specific client goals?

Yes. We focus on what matters most to you—whether that’s financial performance, regulatory compliance, or public perception—and build the analysis around those objectives.

What results can I expect?

Smarter, more efficient decisions; reduced litigation and reputational risk; and strategies that anticipate stakeholder responses rather than reacting to them.