scholarly journals Economic valuation of marine ecosystem services: A case study of La Safor, Gulf of Valencia, Spain

Ecosistemas ◽  
2019 ◽  
Vol 28 (2) ◽  
pp. 100-108
Author(s):  
Ana María Gómez-Aguayo ◽  
Vicent Estruch-Guitart
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Economic Valuation ◽  
Marine Ecosystem Services

scholarly journals The Elusive Quest for Valuation of Coastal and Marine Ecosystem Services

Water ◽  
2019 ◽  
Vol 11 (7) ◽  
pp. 1518 ◽  
Author(s):  
J. Walter Milon ◽  
Sergio Alvarez
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Economic Valuation ◽  
Economic Value ◽  
Terrestrial Ecosystems ◽  
Services Research ◽  
Goods And Services ◽  
Geophysical Processes ◽  
Marine Ecosystem Services ◽  
Policy And Planning

Coastal and marine ecosystem (CME) services provide benefits to people through direct goods and services that may be harvested or enjoyed in situ and indirect services that regulate and support biological and geophysical processes now and in the future. In the past two decades, there has been an increase in the number of studies and journal articles designed to measure the economic value of the world’s CME services, although there is significantly less published research than for terrestrial ecosystems. This article provides a review of the literature on valuation of CME services along with a discussion of the theoretical and practical challenges that must be overcome to utilize valuation results in CME policy and planning at local, regional, and global scales. The review reveals that significant gaps exist in research and understanding of the broad range of CME services and their economic values. It also raises questions about the validity of aggregating ecosystem services as independent components to determine the value of a biome when there is little understanding of the relationships and feedbacks between ecosystems and the services they produce. Finally, the review indicates that economic valuation of CME services has had a negligible impact on the policy process in four main regions around the world. An alternative direction for CME services research would focus on valuing the world’s CME services in a wealth accounting framework.

In Search of Marine Ecosystem Services Values: The V-MESSES Database

2015 ◽  
Vol 17 (04) ◽  
pp. 1550037 ◽  
Author(s):  
M. Skourtos ◽  
D. Damigos ◽  
D. Tsitakis ◽  
A. Kontogianni ◽  
C. Tourkolias ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Economic Valuation ◽  
Reference Value ◽  
Cost Benefit ◽  
Environmental Research ◽  
The European Union ◽  
Marine Ecosystem Services ◽  
Marine Environmental ◽  
European Seas

Economic valuation of marine ecosystem services is strongly anchored within the logic of Marine Strategy Framework Directive (MSFD). An inventory and critical assessment of marine valuation studies was conducted within the European Union funded Policy-oriented marine Environmental Research for the Southern European Seas (PERSEUS) research project ( http://www.perseus-net.eu/ ) and this information was fed into a suitable, spatially explicit valuation database, namely Valuation database for Marine Ecosystem Services of Southern European Seas (V-MESSES), with the objective of providing monetary values for Southern European Seas (SES) to be used in cost–benefit and cost-effectiveness applications. At present, the database contains 93 studies offering over 110 value estimates for four categories and 20 subcategories of marine ecosystem services covering all regions of Mediterranean and Black Sea. The database enables so far the estimation of the aggregated value of all ecosystem services. However, the selection of appropriate, policy relevant value estimates is not a simple and straightforward task, since several conditions should be met in order to conduct effective and efficient value transfers. Bearing in mind the above limitations, tentative reference value estimates are compiled from the V-MESSES database for a number of coastal and marine ecosystem services, although not all service categories are covered sufficiently.

scholarly journals Economic valuation of Baltic marine ecosystem services: blind spots and limited consistency

2016 ◽  
Vol 73 (4) ◽  
pp. 991-1003 ◽  
Author(s):  
Julian Sagebiel ◽  
Carmen Schwartz ◽  
Mounaim Rhozyel ◽  
Sandra Rajmis ◽  
Jesko Hirschfeld
Keyword(s):  
Ecosystem Services ◽  
Baltic Sea ◽  
Marine Ecosystem ◽  
Economic Valuation ◽  
Economic Value ◽  
The Baltic Sea ◽  
Policy Makers ◽  
Environmental Status ◽  
Marine Ecosystem Services ◽  
The Baltic

Abstract Economic valuation of marine ecosystem services in the Baltic Sea region has gained importance, as policy-makers are recognizing their decline and focusing on achieving good environmental status there in terms of, for example, reduced eutrophication. Parallel with this development, several initiatives have been launched, leading to a large number of economic valuation studies. However, current research indicates that neither a common approach to classifying ecosystem services nor a widely accepted methodological framework for assessing their economic value exist yet. This paper seeks to shed light on the current state of the economic valuation of ecosystem services provided by the Baltic Sea through reviewing all currently available empirical studies on the topic. The results indicate that only a few ecosystem services, including recreation and reduction of eutrophication, have been extensively monetarily valued, and still lack cross-study methodological consistency, while many other marine ecosystem services have rarely or never been valued with economic methods. The paper concludes that existing economic valuation studies provide only limited practical guidance for policy-makers intending to improve the environmental status of the Baltic Sea. There is a need for more widely shared agreement on the systematic nature of marine and coastal ecosystem services and especially on a coherent methodological framework for assessing their economic value.

scholarly journals Scotland as a case study for how benefits of marine ecosystem services may contribute to the commercial fishing industry

Marine Policy ◽  
2018 ◽  
Vol 93 ◽  
pp. 271-283 ◽  
Author(s):  
Esther Brooker ◽  
Emilie Devenport ◽  
Charlotte Rachael Hopkins ◽  
Sebastian Hennige ◽  
J. Murray Roberts ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Commercial Fishing ◽  
Fishing Industry ◽  
Marine Ecosystem Services

scholarly journals Towards mapping and assessing antarctic marine ecosystem services – The weddell sea case study

2016 ◽  
Vol 22 ◽  
pp. 174-192 ◽  
Author(s):  
Michaela Deininger ◽  
Thomas Koellner ◽  
Thomas Brey ◽  
Katharina Teschke
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Weddell Sea ◽  
Antarctic Marine ◽  
Marine Ecosystem Services

scholarly journals Trends and Evolution in the Concept of Marine Ecosystem Services: An Overview

Water ◽  
2021 ◽  
Vol 13 (15) ◽  
pp. 2060
Author(s):  
Elvira Buonocore ◽  
Umberto Grande ◽  
Pier Paolo Franzese ◽  
Giovanni F. Russo
Keyword(s):  
Ecosystem Services ◽  
Alternative Assessment ◽  
Natural Capital ◽  
Marine Ecosystem ◽  
Management Strategies ◽  
Marine Ecosystems ◽  
Global Ocean ◽  
Coastal Protection ◽  
Policy Dialogue ◽  
Marine Ecosystem Services

The biotic and abiotic assets of the marine environment form the “marine natural capital” embedded in the global ocean. Marine natural capital provides the flow of “marine ecosystem services” that are directly used or enjoyed by people providing benefits to human well-being. They include provisioning services (e.g., food), regulation and maintenance services (e.g., carbon sequestration and storage, and coastal protection), and cultural services (e.g., tourism and recreational benefits). In recent decades, human activities have increased the pressures on marine ecosystems, often leading to ecosystem degradation and biodiversity loss and, in turn, affecting their ability to provide benefits to humans. Therefore, effective management strategies are crucial to the conservation of healthy and diverse marine ecosystems and to ensuring their long-term generation of goods and services. Biophysical, economic, and sociocultural assessments of marine ecosystem services are much needed to convey the importance of natural resources to managers and policy makers supporting the development and implementation of policies oriented for the sustainable management of marine resources. In addition, the accounting of marine ecosystem service values can be usefully complemented by their mapping to enable the identification of priority areas and management strategies and to facilitate science–policy dialogue. Given this premise, this study aims to review trends and evolution in the concept of marine ecosystem services. In particular, the global scientific literature on marine ecosystem services is explored by focusing on the following main aspects: the definition and classification of marine ecosystem services; their loss due to anthropogenic pressures, alternative assessment, and mapping approaches; and the inclusion of marine ecosystem services into policy and decision-making processes.

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