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Is economic valuation of ecosystem services useful to decision-makers? Lessons learned from Australian coastal and marine management

Author

Listed:
  • Jean-Baptiste Marre

    (AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique, Oceans and Atmosphere Flagship [Brisbane] - CSIRO - Commonwealth Scientific and Industrial Research Organisation [Canberra], QUT - Queensland University of Technology [Brisbane])

  • Olivier Thebaud

    (AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique, Oceans and Atmosphere Flagship [Brisbane] - CSIRO - Commonwealth Scientific and Industrial Research Organisation [Canberra], QUT - Queensland University of Technology [Brisbane])

  • Sean Pascoe

    (Oceans and Atmosphere Flagship [Brisbane] - CSIRO - Commonwealth Scientific and Industrial Research Organisation [Canberra], UTAS - University of Tasmania [Hobart])

  • Sarah Jennings

    (UTAS - University of Tasmania [Hobart])

  • Jean Boncoeur

    (AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique)

  • Louisa Coglan

    (QUT - Queensland University of Technology [Brisbane])

Abstract
Economic valuation of ecosystem services is widely advocated as being useful to support ecosystem management decision-making. However, the extent to which it is actually used or considered useful in decision-making is poorly documented. This literature blindspot is explored with an application to coastal and marine ecosystems management in Australia. Based on a nation-wide survey of eighty-eight decision-makers representing a diversity of management organizations, the perceived usefulness and level of use of economic valuation of ecosystem services, in support of coastal and marine management, are examined. A large majority of decision-makers are found to be familiar with economic valuation and consider it useful- even necessary - in decision-making, although this varies across groups of decision makers. However, most decision-makers never or rarely use economic valuation. The perceived level of importance and trust in estimated dollar values differ across ecosystem services, and are especially high for values that relate to commercial activities. A number of factors are also found to influence respondent's use of economic valuation. Such findings concur with conclusions from other studies on the usefulness and use of ESV in environmental management decision-making. They also demonstrate the strength of the survey-based approach developed in this application to examine this issue in a variety of contexts. (C) 2016 Elsevier Ltd. All rights reserved.

Suggested Citation

  • Jean-Baptiste Marre & Olivier Thebaud & Sean Pascoe & Sarah Jennings & Jean Boncoeur & Louisa Coglan, 2016. "Is economic valuation of ecosystem services useful to decision-makers? Lessons learned from Australian coastal and marine management," Post-Print hal-02152556, HAL.
    • Handle: RePEc:hal:journl:hal-02152556
    DOI: 10.1016/j.jenvman.2016.04.014
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    Citations

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    Cited by:

    1. Marre, Jean-Baptiste & Billé, Raphaël, 2019. "A demand-driven approach to ecosystem services economic valuation: Lessons from Pacific island countries and territories," Ecosystem Services, Elsevier, vol. 39(C).
    2. Yonghua Zhao & Lei Zhang & Xia Jia & Qi Mu & Lei Han & Zhao Liu & Peng Zhang & Ming Zhao, 2023. "Pattern and Trend of Ecosystem Service Value in the Loess Plateau of Northern Shaanxi," Land, MDPI, vol. 12(3), pages 1-21, March.
    3. Zhou, Peng & Zhang, Haijie & Huang, Bei & Ji, Yongli & Peng, Shaolin & Zhou, Ting, 2022. "Are productivity and biodiversity adequate predictors for rapid assessment of forest ecosystem services values?," Ecosystem Services, Elsevier, vol. 57(C).
    4. Markanday, Ambika & Lliso, Bosco & Sorman, Alevgul H., 2024. "Investing in Nature: Assessing the Effects of Monetary and Non-Monetary Valuations on Decision-Making," Ecological Economics, Elsevier, vol. 219(C).
    5. Perni, Ángel & Barreiro-Hurlé, Jesús & Martínez-Paz, José Miguel, 2020. "When policy implementation failures affect public preferences for environmental goods: Implications for economic analysis in the European water policy," Ecological Economics, Elsevier, vol. 169(C).
    6. Louisa Coglan & Sean Pascoe & Gabriela Scheufele, 2021. "Availability of Non-Market Values to Inform Decision-Making in Australian Fisheries and Aquaculture: An Audit and Gap Analysis," Sustainability, MDPI, vol. 13(2), pages 1-18, January.
    7. Ram Prasad Acharya & Tek Narayan Maraseni & Geoff Cockfield, 2020. "An Ecosystem Services Valuation Research Framework for Policy Integration in Developing Countries: A Case Study from Nepal," Sustainability, MDPI, vol. 12(19), pages 1-15, October.
    8. Lopes, Rita & Videira, Nuno, 2019. "How to articulate the multiple value dimensions of ecosystem services? Insights from implementing the PArticulatES framework in a coastal social-ecological system in Portugal," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    9. Qiao, Yong-Kang & Peng, Fang-Le & Wang, Yang, 2017. "Monetary valuation of urban underground space: A critical issue for the decision-making of urban underground space development," Land Use Policy, Elsevier, vol. 69(C), pages 12-24.
    10. Catalina B. Muñoz-Pacheco & Nélida R. Villaseñor, 2022. "Urban Ecosystem Services in South America: A Systematic Review," Sustainability, MDPI, vol. 14(17), pages 1-17, August.
    11. Fan, Fan & Henriksen, Christian Bugge & Porter, John, 2016. "Valuation of ecosystem services in organic cereal crop production systems with different management practices in relation to organic matter input," Ecosystem Services, Elsevier, vol. 22(PA), pages 117-127.
    12. Wanek, Eva & Bartkowski, Bartosz & Bourgeois-Gironde, Sacha & Schaafsma, Marije, 2023. "Deliberately vague or vaguely deliberative: A review of motivation and design choices in deliberative monetary valuation studies," Ecological Economics, Elsevier, vol. 208(C).

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