The economic value of coastal waters as nutrient filters for the Baltic Sea

Gren, Ing‐Marie

doi:10.1007/s10113-012-0370-x

Cited by 7 publications

(5 citation statements)

References 22 publications

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“…, Cardoso de Mendonç a et al(2003),Turpie et al (2003),Toivonen et al (2004),Paulrud (2004),Parkkila (2005),Christie et al (2006),Beaumont et al (2008), Oxford Economics(2009), Barbier et al (2011), Ressurreiç ão et al (2012) Market price Pimentel et al (1997), Turpie et al (2003), Oxford Economics (2009), McClanahan (2010) Travel cost Brown and Mendelsohn (1984), Turpie et al (2003), Oxford Economics (2009), Barbier et al (2011) Production function Turpie et al (2003) Choice modelling Paulrud (2004), Christie et al (2006), Rolfe and Windle (2010), Christie and Rayment (2012), Jobstvogt et al (2014) Benefit transfer Beaumont et al (2008) Replacement cost Beaumont et al (2008), Oxford Economics(2009),Gren (2013) …”

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confidence: 99%

How to value biodiversity in environmental management?

Laurila-Pant

Lehikoinen

Uusitalo

et al. 2015

Ecological Indicators

158

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a b s t r a c tBiodiversity is globally recognised as a cornerstone of healthy ecosystems, and biodiversity conservation is increasingly becoming one of the important aims of environmental management. Evaluating the tradeoffs of alternative management strategies requires quantitative estimates of the costs and benefits of their outcomes, including the value of biodiversity lost or preserved. This paper takes a decision-analytic standpoint, and reviews and discusses the alternative aspects of biodiversity valuation by dividing them into three categories: socio-cultural, economic, and ecological indicator approaches. We discuss the interplay between these three perspectives and suggest integrating them into an ecosystem-based management (EBM) framework, which permits us to acknowledge ecological systems as a rich mixture of interactive elements along with their social and economic aspects. In this holistic framework, socio-cultural preferences can serve as a tool to identify the ecosystem services most relevant to society, whereas monetary valuation offers more globally comparative and understandable values. Biodiversity indicators provide clear quantitative measures and information about the role of biodiversity in the functioning and health of ecosystems. In the multi-objective EBM approach proposed in the paper, biodiversity indicators serve to define threshold values (i.e., the minimum level required to maintain a healthy environment). An appropriate set of decision-making criteria and the best method for conducting the decision analysis depend on the context and the management problem in question. Therefore, we propose a sequence of steps to follow when quantitatively evaluating environmental management against biodiversity.

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confidence: 99%

How to value biodiversity in environmental management?

Laurila-Pant

Lehikoinen

Uusitalo

et al. 2015

Ecological Indicators

158

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“…Gren (2013) calculated the economic value of coastal zones as nutrient filters by using the replacement cost method, assuming a nutrient retention between 0 and 22% in the coastal zone of the Baltic Sea. The conclusion of the study was that in addition to the retention rate, the estimated value of the service is dependent of the costs of the other abatement measures included in the assessment, as well of the spatial scale of the assessment.…”

Section: Eutrophication Mitigationmentioning

confidence: 99%

“…In addition to these, Kosenius (2010) used the state of bladder wrack to describe eutrophication status, and some studies employed more general descriptions of water quality (Eggert & Olsson, 2009;Östberg et al, 2013). Gren (2013) used the replacement cost method to estimate the value of coastal zone filtering of nutrients, thereby obtaining an estimate of the value of eutrophication mitigation. The value estimates from this study are not comparable to using e.g.…”

Section: The Eu Marine Strategy Framework Directive Includes 11 Descrmentioning

confidence: 99%

“…the reduction in eutrophication was expected to occur in the same degree everywhere. Exception of this are Ahtiainen et al (2014), who defined the environmental conditions separately for each basin of the Baltic Sea, and Gren (2013) who separated between seven sea regions. Although it is simplifying to assume that the ecosystem will change identically throughout the study area, it might be too difficult to specify a very detailed spatial distribution for the change, especially if the study area is large.…”

Section: Critical Issues In Valuationmentioning

confidence: 99%

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Marine Ecosystem Services

Hasler¹,

Ahtiainen²,

Hasselström³

et al. 2016

TemaNord

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“…On the other hand, there is a relatively large body of literature calculating the value of especially carbon sequestration [2][3][4]. There are also a relatively large number of studies on the value of nutrient sequestration by wetlands and coastal ecosystems [11][12][13][14], but not on forest ecosystem nutrient sequestration. Similar to these studies, we apply the so-called replacement cost method for calculating values.…”

Section: Introductionmentioning

confidence: 99%

Estimating Values of Carbon Sequestration and Nutrient Recycling in Forests: An Application to the Stockholm-Mälar Region in Sweden

Gren

2015

Forests

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Abstract:We calculate values of forest carbon sequestration and nutrient recycling applying the replacement cost method. The value is then determined as the savings in costs by the replacement of more expensive abatement measures with these ecosystem services in cost-effective climate and nutrient programs. To this end, a dynamic optimization model is constructed, which accounts for uncertainty in sequestration. It is applied to the Stockholm-Mälar region in southeast Sweden where the EU 2050 climate policy for carbon emissions and the Baltic Sea action plan for nutrient discharges are applied. The results show that the value of carbon and nutrient sequestration can correspond to approximately 0.5% of the region's gross domestic product, or 40% of the value of productive forest. The largest part of this value is attributed to carbon sequestration because of the relative stringency in targets and expensive alternative abatement measures. However, sequestration is uncertain because of stochastic weather conditions, and when society has a large risk aversion for not attaining climate and nutrient targets, the values of the forest carbon and nutrient sequestration can approach zero.

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The economic value of coastal waters as nutrient filters for the Baltic Sea

Cited by 7 publications

References 22 publications

How to value biodiversity in environmental management?

How to value biodiversity in environmental management?

Marine Ecosystem Services

Estimating Values of Carbon Sequestration and Nutrient Recycling in Forests: An Application to the Stockholm-Mälar Region in Sweden

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