Incorporating ecosystem services in marine planning: The role of valuation

Citation

Börger T, Beaumont NJ, Pendleton L, Boyle KJ, Cooper P, Fletcher S, Haab T, Hanemann M, Hooper TL, Hussain SS, Portela R, Stithou M, Stockill J, Taylor T & Austen MC (2014) Incorporating ecosystem services in marine planning: The role of valuation. Marine Policy, 46, pp. 161-170. https://doi.org/10.1016/j.marpol.2014.01.019

Abstract
This paper scrutinises the use of ecosystem service valuation for marine planning. Lessons are drawn from the development and use of environmental valuation and cost-benefit analysis for policy-making in the US and the UK. Current approaches to marine planning in both countries are presented and the role that ecosystem service valuation could play in this context is outlined. This includes highlighting the steps in the marine planning process where valuation can inform marine planning and policy-making as well as a discussion of methodological challenges to ecosystem service valuation techniques in the context of marine planning. Recommendations to overcome existing barriers are offered based on the synergies and the thinking in the two countries regarding the application of ecosystem service valuation to marine planning.

Keywords
Marine planning; Ecosystem services; Environmental valuation; Ecosystem service valuation

Journal
Marine Policy: Volume 46