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Title: Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System

Abstract

Although the importance of ecosystem services provided by natural forests, especially mangroves, is well known, the destruction of these environments is still ubiquitous and therefore protection measures are urgently needed. The present study compares the current approach of economic valuation of ecosystem services to a proposed one, using a study case of a mangrove system as an example. We suggest that a cost-benefit analysis for economically valuing environmental services should be performed with three additional modifications consisting of (i) a categorization of local stakeholders as demanders of particular ecosystem services, (ii) acknowledgement of the government as one of these demander groups, and (iii) the inclusion of opportunity costs in the valuation. The application of this approach to the mangrove area in the east portion of Great Abaco Island, the Bahamas, reveals that not only the ecosystem services received differ between demander groups, but the monetary benefits and costs are also specific to each of these groups. We show that the economic valuation of the ecosystem should be differentiated for each category, instead of being calculated as a net ‘societal value’ as it is currently. Applying this categorization of demanders enables a better understanding of the cost and benefit structure ofmore » the protection of a natural area. The present paper aims to facilitate discussions regarding benefit and cost sharing related to the protection of natural areas.« less

Authors:
 [1];  [2];  [3]
  1. Institute of Forest Botany and Forest Zoology (Germany)
  2. Institute for International Forestry and Wood Industry (Germany)
  3. Institute of Forest Growth and Forest Computer Sciences (Germany)
Publication Date:
OSTI Identifier:
22612702
Resource Type:
Journal Article
Resource Relation:
Journal Name: Natural Resources Research (New York, N.Y.); Journal Volume: 25; Journal Issue: 3; Other Information: Copyright (c) 2016 International Association for Mathematical Geosciences; http://www.springer-ny.com; Country of input: International Atomic Energy Agency (IAEA)
Country of Publication:
United States
Language:
English
Subject:
54 ENVIRONMENTAL SCIENCES; BAHAMA ISLANDS; COST BENEFIT ANALYSIS; ECOSYSTEMS; ENVIRONMENTAL PROTECTION; FORESTS; MANGROVES

Citation Formats

Micheletti, Tatiane, E-mail: micheletti@forst.tu-dresden.de, Jost, François, and Berger, Uta. Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System. United States: N. p., 2016. Web. doi:10.1007/S11053-015-9284-X.
Micheletti, Tatiane, E-mail: micheletti@forst.tu-dresden.de, Jost, François, & Berger, Uta. Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System. United States. doi:10.1007/S11053-015-9284-X.
Micheletti, Tatiane, E-mail: micheletti@forst.tu-dresden.de, Jost, François, and Berger, Uta. Thu . "Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System". United States. doi:10.1007/S11053-015-9284-X.
@article{osti_22612702,
title = {Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System},
author = {Micheletti, Tatiane, E-mail: micheletti@forst.tu-dresden.de and Jost, François and Berger, Uta},
abstractNote = {Although the importance of ecosystem services provided by natural forests, especially mangroves, is well known, the destruction of these environments is still ubiquitous and therefore protection measures are urgently needed. The present study compares the current approach of economic valuation of ecosystem services to a proposed one, using a study case of a mangrove system as an example. We suggest that a cost-benefit analysis for economically valuing environmental services should be performed with three additional modifications consisting of (i) a categorization of local stakeholders as demanders of particular ecosystem services, (ii) acknowledgement of the government as one of these demander groups, and (iii) the inclusion of opportunity costs in the valuation. The application of this approach to the mangrove area in the east portion of Great Abaco Island, the Bahamas, reveals that not only the ecosystem services received differ between demander groups, but the monetary benefits and costs are also specific to each of these groups. We show that the economic valuation of the ecosystem should be differentiated for each category, instead of being calculated as a net ‘societal value’ as it is currently. Applying this categorization of demanders enables a better understanding of the cost and benefit structure of the protection of a natural area. The present paper aims to facilitate discussions regarding benefit and cost sharing related to the protection of natural areas.},
doi = {10.1007/S11053-015-9284-X},
journal = {Natural Resources Research (New York, N.Y.)},
number = 3,
volume = 25,
place = {United States},
year = {Thu Sep 15 00:00:00 EDT 2016},
month = {Thu Sep 15 00:00:00 EDT 2016}
}