F.J. Hitzhusen (Ed.), Economic Valuation of River Systems: Edward Elgard, Cheltenham UK, 2007, 217 pp, ISBN 978 1 84542 634 7
In: Environmental and resource economics, Band 42, Heft 3, S. 427-428
ISSN: 1573-1502
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In: Environmental and resource economics, Band 42, Heft 3, S. 427-428
ISSN: 1573-1502
In: Christen-democratische verkenningen: CDV, S. 85-93
ISSN: 0167-9155
In: Environmental and resource economics, Band 75, Heft 2, S. 323-349
ISSN: 1573-1502
In: Studies in Ecological Economics 9
This book applies the 'ecosystem services' framework to coastal environments, showing how it could facilitate an adaptive management strategy. The contributors describe a decision support system (DSS) based on the 3 Ps - pluralism, pragmatism and precaution - that leads to a more flexible, 'learn by doing' approach to the stewardship of coastal environments. The book lays out a "Balance Sheets Approach" to formatting, interrogating and presenting data and findings. The opening chapter defines coastal zones, their characteristics and natural resources, and describes their complex and dynamic nature. The chapter shows that large-scale trends and pressures have led to a global loss of 50% of marshes, leading to significant declines in biodiversity and habitat. Part I presents a conceptual framework, describes natural science techniques for coastal and shelf modeling, and describes valuation of ecosystem services. Part II outlines practical ecosystem indicators for coastal and marine ecosystem services, reviews literature on valuation of coastal and marine ecosystem services, explores scenarios, outlines marine and coastal ecosystem services data and offers tools for incorporating data into decision-making. Part III offers case studies including one linking the ecosystem services of Marine Protected Areas to benefits in human wellbeing; and another on valuing blue carbon captured by oceans and coastal ecosystems. Also included are a study of managed realignments and the English coastline, and their value estimate transferability; and studies of the impact of jellyfish blooms on recreation in the UK and on fisheries in Italy
In: Studies in ecological economics, volume 9
This book applies the ecosystem services framework to coastal environments, showing how it could facilitate an adaptive management strategy. The contributors describe a decision support system (DSS) based on the 3 Ps pluralism, pragmatism and precaution that leads to a more flexible, learn by doing approach to the stewardship of coastal environments. The book lays out a Balance Sheets Approach to formatting, interrogating and presenting data and findings. The opening chapter defines coastal zones, their characteristics and natural resources, and describes their complex and dynamic nature. The chapter shows that large-scale trends and pressures have led to a global loss of 50% of marshes, leading to significant declines in biodiversity and habitat. Part I presents a conceptual framework, describes natural science techniques for coastal and shelf modeling, and describes valuation of ecosystem services. Part II outlines practical ecosystem indicators for coastal and marine ecosystem services, reviews literature on valuation of coastal and marine ecosystem services, explores scenarios, outlines marine and coastal ecosystem services data and offers tools for incorporating data into decision-making. Part III offers case studies including one linking the ecosystem services of Marine Protected Areas to benefits in human wellbeing; and another on valuing blue carbon captured by oceans and coastal ecosystems. Also included are a study of managed realignments and the English coastline, and their value estimate transferability; and studies of the impact of jellyfish blooms on recreation in the UK and on fisheries in Italy.
In: Environmental and resource economics, Band 81, Heft 3, S. 531-572
ISSN: 1573-1502
AbstractEnvironmental outcomes are often affected by the stochastic nature of the environment and ecosystem, as well as the effectiveness of governmental policy in combination with human activities. Incorporating information about risk in discrete choice experiments has been suggested to enhance survey credibility. Although some studies have incorporated risk in the design and treated it as either the weights of the corresponding environmental outcomes or as a stand-alone factor, little research has discussed the implications of those behavioural assumptions under risk and explored individuals' outcome-related risk perceptions in a context where environmental outcomes can be either described as improvement or deterioration. This paper investigates outcome-related risk perceptions for environmental outcomes in the gain and loss domains together and examines differences in choices about air quality changes in China using a discrete choice experiment. Results suggest that respondents consider the information of risk in both domains, and their elicited behavioural patterns are best described by direct risk aversion, which states that individuals obtain disutility directly from the increasing risk regardless of the associated environmental outcomes. We discuss the implication of our results and provide recommendations on the choice of model specification when incorporating risk.
Environmental outcomes are often affected by the stochastic nature of the environment and ecosystem, as well as the effectiveness of governmental policy in combination with human activities. Incorporating information about risk in discrete choice experiments has been suggested to enhance survey credibility. Although some studies have incorporated risk in the design and treated it as either the weights of the corresponding environmental outcomes or as a stand-alone factor, little research has discussed the implications of those behavioural assumptions under risk and explored individuals' outcome-related risk perceptions in a context where environmental outcomes can be either described as improvement or deterioration. This paper investigates outcome-related risk perceptions for environmental outcomes in the gain and loss domains together and examines differences in choices about air quality changes in China using a discrete choice experiment. Results suggest that respondents consider the information of risk in both domains, and their elicited behavioural patterns are best described by direct risk aversion, which states that individuals obtain disutility directly from the increasing risk regardless of the associated environmental outcomes. We discuss the implication of our results and provide recommendations on the choice of model specification when incorporating risk.
BASE
In: Environmental science & policy, Band 80, S. 117-124
ISSN: 1462-9011
This paper presents an assessment of the potential trade-offs between social, economic and environmental objectives when upscaling and integrating climate-smart agriculture (CSA) with integrated catchment management (ICM) at landscape level, with a case study in Malawi. In a workshop, government and NGO representatives and experts assessed trade-offs between the goals of ICM and CSA under four different scenarios of climatic and economic changes. The paper presents a novel combination of scenarios and a trade-off matrix exercise to critically evaluate trade-offs between CSA and ICM and link these to policy challenges and interventions. Our analysis shows that the compatibility of CSA and ICM policies depends on future climatic and economic developments, with a higher prevalence of perceived trade-offs in futures with low economic growth and high climate change. CSA was expected to have limited effect on reducing inequalities and investment in literacy and skills development are critical to ensure that marginalised groups benefit from CSA.
BASE
In: DEVEC-D-22-00687
SSRN
In: Land use policy: the international journal covering all aspects of land use, Band 88, S. 104153
ISSN: 0264-8377
In: Land use policy: the international journal covering all aspects of land use, Band 64, S. 114-123
ISSN: 0264-8377
There is increasing global interest in the potential commercial development of methane gas hydrate as a widespread and abundant unconventional source of natural gas. Previous work has focussed on understanding the nature and distribution of the resource, and potential recovery technology, neglecting assessment of the associated social, economic and environmental consequences. This gap needs to be addressed for any commercial gas hydrate development business case to succeed. Here we develop a multi-criteria decision analysis (MCDA) protocol of gas hydrate development using the ELECTRE III method. Our protocol proposes criteria that evaluate the social, environmental and economic impacts of gas hydrate development proposals, which are weighted to represent the priorities of six identified stakeholder groups. We have tested the protocol on potential commercial gas hydrate development in Alaska through a series of interviews. Our results show that there is no universal preference structure, even within stakeholder groups, indicating that buy-in from all groups is a complex compromise. However, there are two fundamentally opposing groups, one composed of individuals from governmental and industry backgrounds who prioritise economic criteria, and another represented by members of the local community and environmental advocates who prioritise social and environmental criteria. The protocol concludes that gas hydrate development in Alaska is unlikely to be supported under present-day conditions. This work provides the first structured foundation for comprehensive assessment of future development proposals of gas hydrate or other natural resources.
BASE
There is increasing global interest in the potential commercial development of methane gas hydrate as a widespread and abundant unconventional source of natural gas. Previous work has focussed on understanding the nature and distribution of the resource, and potential recovery technology, neglecting assessment of the associated social, economic and environmental consequences. This gap needs to be addressed for any commercial gas hydrate development business case to succeed. Here we develop a multi-criteria decision analysis (MCDA) protocol of gas hydrate development using the ELECTRE III method. Our protocol proposes criteria that evaluate the social, environmental and economic impacts of gas hydrate development proposals, which are weighted to represent the priorities of six identified stakeholder groups. We have tested the protocol on potential commercial gas hydrate development in Alaska through a series of interviews. Our results show that there is no universal preference structure, even within stakeholder groups, indicating that buy-in from all groups is a complex compromise. However, there are two fundamentally opposing groups, one composed of individuals from governmental and industry backgrounds who prioritise economic criteria, and another represented by members of the local community and environmental advocates who prioritise social and environmental criteria. The protocol concludes that gas hydrate development in Alaska is unlikely to be supported under present-day conditions. This work provides the first structured foundation for comprehensive assessment of future development proposals of gas hydrate or other natural resources.
BASE
Urban trees and woodlands provide a wide range of ecosystem services (ES) to society, for example, flood risk reduction, air purification, and moderation of urban heat islands. Despite this, local government budgets for tree planting and maintenance have declined in many cities throughout the world. Thus far, the academic literature has largely ignored whether businesses are willing to help fund urban forests and the ES they provide. Business financing via payments for ecosystem services (PES) within the urban realm is also under-researched and lacking in practice. This study aims to address these research gaps. Semi-structured interviews were carried out with 30 businesses of varying sizes and sectors, operating in Southampton, UK. Respondents thought a public-private partnership would be feasible, with a focus on voluntary payments towards enhancing air quality, reducing flood risk, and improving aesthetics. Respondents would prefer to choose from a list of location-specific, cost-effective, monitored projects to fund directly, for marketing and/or corporate social responsibility purposes. To facilitate business funding of urban forest-based ES, clear communication of the expected environmental benefits and a strong business case are required, drawing on the experience of similar initiatives. From our findings, we recommend the piloting and analysis of such PES schemes.
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