Valuing Ecosystem Services for Coastal Wetland Protection and Restor ation : Progress and Challenges

By Edward B. Barbier. 2013

170 citations recorded by the source corpus.

Coastal wetlands, such as marshes, mangroves and forested swamps, are in decline globally. Although considerable progress has been made in quantifying and valuing some of the key ecosystem goods and services provided by these habitats, fundamental challenges remain. The biggest challenge is inadequate knowledge to link changes in ecosystem structure and function to the production of valuable goods and services. Another problem is that very few ecosystem services are marketed. This review discusses recent advances in overcoming these challenges. To illustrate key valuation issues, the paper introduces three case studies from the US Gulf Coast state of Louisiana: quantifying ecosystem services and the 2012 Master Plan for coastal Louisiana; valuing storm protection by marsh in southeast Louisiana; and oil spills and the Natural Resource Damage Assessment approach to wetland compensation in lieu of restoration. The paper concludes with some final remarks on the state of coastal wetland valuation for protection and restoration.

Subfields: Ecology, Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/2bacb25cb4bf12f2de9df9d25426792efb6e2a6e

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Tatiana Filatova

Citations in the corpus

Quantifying Economic Value of Coastal Ecosystem Services : A Review (2018, background): “While coastal areas cover only 4% of the earth’s total land area and are equivalent to only 11% of the World’s ocean area [2], they host one third of the World’s population and are twice as densely populated as inland areas [3].”