August 23, 2017
Posted by admin
Guidance manual on economic valuation of marine and coastal ecosystem services
Luke co-authored a guidance manual on economic valuation of marine and coastal ecosystem services. The purpose of this guidance manual is to show how the value of marine and coastal ecosystem services can be estimated and used to support decisions about the use and management of marine ecosystems. It is designed to help a broad audience of conservation managers, government officials, private sector managers, NGOs, and statisticians to understand and apply the available economic methods for valuing marine and coastal ecosystem services to inform the decisions that they make. To this end, the manual provides: 1. A simple but technical introduction to the economic valuation methods that are applicable to marine and coastal ecosystem services; 2. An explanation of the limitations of each method and potential uncertainties; and 3. Examples of the use in the Pacific Island Countries and Territories (PICTs).
The guidance manual can be accessed here: http://macbio-pacific.info/wp-content/uploads/2017/07/MACBIO_MESV_Guidance-Manual_Web.pdf