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Communicating research on the economic valuation of coastal and marine ecosystem services

Research output: Contribution to journalArticle

Author(s)

Cati Torres, Nick Hanley

Abstract

Quantifying the monetary value of ecosystem services (ES) provided by coastal and marine resources can help policy makers assess the trade-offs and synergies inherent in ecosystem-based management of marine and coastal environments, thus increasing the social efficiency of decision-making processes. As shown by the valuation literature, the number of coastal and marine management settings where valuation researchers have attempted to make a contribution is rising fast. However, this rise in research activity has not been matched by the increase in the use of economic valuation (EV) in the actual management of coastal and marine resources. This raises an interesting question: is EV responding to the needs of policy makers? This paper provides a comprehensive overview of the knowledge base regarding the economic values for coastal and marine ecosystems. It then discusses how to improve the uptake of ES valuation research by focussing on two core issues which are thought to be essential for more effective communication with the policy community.
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Details

Original languageEnglish
Pages (from-to)99-107
Number of pages9
JournalMarine Policy
Volume75
Early online date5 Nov 2016
DOIs
Publication statusPublished - Jan 2017

    Research areas

  • Economic valuation, Marine and coastal ecosystem services, Coastal and marine management, Policy analysis, Benefit transfer

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