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E-raamat: Valuing Ecosystem Services: The Case of Multi-functional Wetlands

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(University of East Anglia, UK), (University of East Anglia, UK), (Princeton University, USA)
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Ecosystem services can be broadly defined as the aspects of ecosystems that provide benefits to people. This book provides guidance on the valuation of ecosystem services, using the case of multifunctional wetlands to illustrate and make recommendations regarding the methods and techniques that can be applied to appraise management options. It provides a review of ecosystem service valuation rationale, including its importance from both a policy and project appraisal perspective, and a useful reference when considering policy and appraisal of ecosystem management options. It shows how legal obligations and other high-level management targets should be taken into account in valuation exercises, thus giving important policy context to the management options.

The authors set out what they call an Ecosystem Services Approach to the full appraisal of the role of ecosystem services in the economy and society. Although concentrating on wetlands, the approaches suggested provide an assessment framework that can be applied to other types of ecosystem assets.

Arvustused

'This is the definitive volume on understanding and valuing wetland ecosystem services. With rapidly growing interest in ecosystem services and applications in a broad range of contexts, this volume is absolutely essential.' Robert Costanza, Professor of ecological economics, University of Vermont, USA

'Brings the subject together in a text that combines theory, principles and practical applications - in a way that will be of interest to researchers and practitioners.' Joe Morris, Professor of resource economics and management, Cranfield University, UK

'A valuable reference' S.G. Shetron, emeritus professor, Michigan Technological University, USA

List of Figures, Tables and Boxes
v
Acknowledgements vii
List of Acronyms and Abbreviations
ix
1 Introduction
1(2)
2 The Ecosystem Services Approach to Natural Resource Management
3(16)
Ecosystem services defined
5(4)
The ecosystem services approach
9(10)
3 Policy Appraisal Perspectives and Socio-economic Appraisal Approaches
19(6)
Policy contexts
19(2)
Existing socio-economic appraisal approaches
21(4)
4 The Ecosystem Services Approach: Valuation of Multi-functional Wetlands
25(34)
Overview of approach and analytical stages
25(6)
Stage 1 Wetland classification: The simplified hydrogeomorphic method (HGM)
31(1)
Stage 2 Wetland ecosystem functioning and the services of wetlands
32(4)
Stage 3 Wetland functioning service benefits
36(3)
Stage 4 Wetland valuation/evaluation
39(20)
5 Economic Valuation of Wetland Ecosystem Services in Practice
59(52)
Practical constraints
59(7)
Wetland benefits
66(2)
Valuation of hydrological service benefits
68(16)
Valuation of biogeochemical service benefits
84(12)
Valuation of ecological service benefits
96(15)
6 Valuation of Multi-functional Wetland: Case Studies
111(32)
7 Conclusions and Future Prospects
143(4)
Appendix A Economic Valuation Techniques 147(24)
Appendix B Wetland Ecosystem Services: Overview of Empirical Studies 171(22)
Appendix C Case Studies Used for Policy Review and Survey 193(16)
Bibliography 209(16)
Index 225
R. Kerry Turner, CBE, is director of the Centre for Social and Economic Research on the Global Environment (CSERGE) and director of the Zuckerman Institute for Connective Environmental Research (ZICER), both at the University of East Anglia, UK.

Stavros Georgiou is an economic advisor, UK Health and Safety Executive and an honorary research fellow at CSERGE.

Brendan Fisher is a Research Fellow at the Woodrow Wilson School of Public and International Affairs at Princeton University, USA.
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