Abstract:The complexity of quantifying ecosystem services in monetary terms has long been a challenging issue for economists and ecologists. Many case specific valuation studies have been carried out in various parts of the World. Yet, a coherent review on the valuation of coastal ecosystem services (CES), which systematically describes fundamental concepts, analyzes reported applications, and addresses the issue of climate change (CC) impacts on the monetary value of CES is still lacking. Here, we take a step towards addressing this knowledge gap by pursuing a coherent review that aims to provide policy makers and researchers in multidisciplinary teams with a summary of the state-of-the-art and a guideline on the process of economic valuation of CES and potential changes in these values due to CC impacts. The article highlights the main concepts of CES valuation studies and offers a systematic analysis of the best practices by analyzing two global scale and 30 selected local and regional case studies, in which different CES have been valued. Our analysis shows that coral reefs and mangroves are among the most frequently valued ecosystems, while sea-grass beds are the least considered ones. Currently, tourism and recreation services as well as storm protection are two of the most considered services representing higher estimated value than other CES. In terms of the valuation techniques used, avoided damage, replacement and substitute cost method as well as stated preference method are among the most commonly used valuation techniques. Following the above analysis, we propose a methodological framework that provides step-wise guidance and better insight into the linkages between climate change impacts and the monetary value of CES. This highlights two main types of CC impacts on CES: one being the climate regulation services of coastal ecosystems, and the other being the monetary value of services, which is subject to substantial uncertainty. Finally, a systematic four-step approach is proposed to effectively monetize potential CC driven variations in the value of CES.
Approximately one-quarter of the World's sandy beaches, most of which are interrupted by tidal inlets, are eroding. Understanding the long-term (50-100 year) evolution of inletinterrupted coasts in a changing climate is, therefore of great importance for coastal zone planners and managers. This study, therefore, focuses on the development and piloting of an innovative model that can simulate the climate-change driven evolution of inlet-interrupted coasts at 50-100 year time scales, while taking into account the contributions from catchment-estuary-coastal systems in a holistic manner. In this new model, the evolution of inlet-interrupted coasts is determined by: (1) computing the variation of total sediment volume exchange between the inlet-estuary system and its adjacent coast, and (2) distributing the computed sediment volume along the inlet-interrupted coast as a spatially and temporally varying quantity. The exchange volume, as computed here, consists of three major components: variation in fluvial sediment supply, basin (or estuarine) infilling due to the sea-level rise-induced increase in accommodation space, and estuarine sediment volume change due to variations in river discharge. To pilot the model, it is here applied to three different catchmentestuary-coastal systems: the Alsea estuary (Oregon, United States), Dyfi estuary (Wales, United Kigdom), and Kalutara inlet (Sri Lanka). Results indicate that all three systems will experience sediment deficits by 2100 (i.e., sediment importing estuaries). However, processes and system characteristics governing the total sediment exchange volume, and thus coastline change, vary markedly among the systems due to differences in geomorphic settings and projected climatic conditions. These results underline the importance of accounting for the different governing processes when assessing the future evolution of inlet-interrupted coastlines.
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