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Title: Coastal and Marine Ecosystem Services Valuation for Policy and Management
Contributor(s): Luisetti, Tiziana (author); Turner, R Kerry (author); Hadley, David (author)orcid ; Morse-Jones, Sian (author)
Publication Date: 2009
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Abstract: Understanding the economic value of nature and the services it provides to humanity has become increasingly important. In this paper we review the progress to date on both the necessary conceptual framework and empirical valuation studies required to bolster decision support systems targeted at integrated coastal zone management goals. We first review definitions of ecosystem services. We then highlight and discuss the importance of: spatial explicitness; marginal changes; double-counting; non-linearities; and threshold effects. Finally, using UK case studies on managed coastal realignment, we highlight the usefulness of an ecosystem services sequential decision support system to environmental valuation and policy assessment.
Publication Type: Conference Publication
Conference Name: EAERE 2009: 17th Annual Conference of the European Association of Environmental and Resource Economists, Amsterdam, The Netherlands, 24th - 27th June, 2009
Source of Publication: European Association of Environmental and Resource Economists 17th Annual Conference Papers, p. 1-19
Place of Publication: Online
Field of Research (FOR): 140205 Environment and Resource Economics
Peer Reviewed: Yes
HERDC Category Description: E1 Refereed Scholarly Conference Publication
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