2013
DOI: 10.1016/j.jenvman.2012.11.031
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Economic valuation of ecosystem services from coral reefs in the South Pacific: Taking stock of recent experience

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Cited by 73 publications
(55 citation statements)
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“…Despite the high number of economic valuation studies of coral reefs, to date few have been undertaken in the Pacific region. In a recent assessment that examined economic valuations of ecosystem services from case studies in the Pacific (including Fiji, New Caledonia, Vanuatu, Hawaii and Northern Marianas) three main ecosystem services (fisheries, tourism and coastal protection) constitute 80% of the estimated values [19]. In the Pacific region in general, subsistence fisheries remain largely unmonitored and highly variable, may return larger economic values than commercial fisheries [19], and may require an upward adjustment in GDP estimates [20].…”
Section: Introductionmentioning
confidence: 99%
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“…Despite the high number of economic valuation studies of coral reefs, to date few have been undertaken in the Pacific region. In a recent assessment that examined economic valuations of ecosystem services from case studies in the Pacific (including Fiji, New Caledonia, Vanuatu, Hawaii and Northern Marianas) three main ecosystem services (fisheries, tourism and coastal protection) constitute 80% of the estimated values [19]. In the Pacific region in general, subsistence fisheries remain largely unmonitored and highly variable, may return larger economic values than commercial fisheries [19], and may require an upward adjustment in GDP estimates [20].…”
Section: Introductionmentioning
confidence: 99%
“…In a recent assessment that examined economic valuations of ecosystem services from case studies in the Pacific (including Fiji, New Caledonia, Vanuatu, Hawaii and Northern Marianas) three main ecosystem services (fisheries, tourism and coastal protection) constitute 80% of the estimated values [19]. In the Pacific region in general, subsistence fisheries remain largely unmonitored and highly variable, may return larger economic values than commercial fisheries [19], and may require an upward adjustment in GDP estimates [20]. Cartier and Ruitenbeek [21] observed that most valuation studies involving coral reefs are concerned with their recreational and tourism use value despite fisheries being the most commonly valued harvested product of coral reefs.…”
Section: Introductionmentioning
confidence: 99%
“…The results herein presented inform about the effect that sampling scale, quadrat density and strategy have on the estimation of specific seascape metrics and address the following objectives: (1) to quantify the trade-offs between sample scale and robustness in seascape metric estimation; (2) to quantify the trade-offs between sample quadrat density and robustness in seascape metric estimation; and (3) to develop a set of guidelines for seascape metric estimation based on the findings from (1) and (2). We acknowledge that other authors [40,66,74,75] successfully estimated those seascape metrics, and their experience has been fundamental for the selection of parameters in this study.…”
Section: Discussionmentioning
confidence: 99%
“…Coral reefs provide key provisioning, cultural and regulating ecosystem services [1,2]. Their economic value has been estimated in recent studies through the ecosystem services theory developed by Samonte et al [3], Seenprachawong [4] and the Millennium Ecosystem Assessment's classification [5].…”
Section: Introductionmentioning
confidence: 99%
“…But even when data are available to estimate the probable economic impact of environmental change, they tend not to lead to consensus regarding the economic costs or benefits of altering the current course of action (Johnson and Hope 2012). Consequently, strictly economic evaluations are of limited use in shaping environmental policy (Laurans et al 2013) and do not reduce the temporal mismatch between environmental data sufficiency and policy action. For many longstanding and emerging environmental challengessuch as climate change, ocean acidification, emissions of reactive sulfur and nitrogen compounds (SO x and NO x ), and non-point source water pollution-knowing what changes societies must make (and the costs associated with making those changes) still does not result in timely action to remediate the causes of these problems.…”
Section: Introductionmentioning
confidence: 99%