Skip to main content
SpringerLink
Log in
Book cover

Coastal Zones Ecosystem Services pp 103–125Cite as

Valuation of Coastal and Marine Ecosystem Services: A Literature Review

  • Chapter

Part of the book series: Studies in Ecological Economics ((SEEC,volume 9))

Abstract

Valuation is one of the tools of the Decision Support System and aims to support the economic (and social) appraisal and valuation of options component in the adaptive coastal management approach. This chapter assesses the availability of primary valuation studies providing economic value estimates for those ecosystem ‘goods and benefits’ generated from coastal and marine ecosystems. The overview reveals considerable gaps in the literature with respect to primary (monetary) valuation studies addressing coastal and marine habitats and specific ecosystem services, globally and in particular for the UK.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD   109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Notes

  1. 1.

    Tropical coral reefs and mangroves are of little importance to GB and therefore not included in Table 6.2.

  2. 2.

    Recreational extraction of food and other products are included in the tourism category.

References

  • Adams, C. A., Andrews, J. E., & Jickells, T. D. (2012). Nitrous oxide and methane fluxes vs carbon and nutrient burial in new intertidal and salt marsh sediments. Science of the Total Environment, 434, 240–251.

    Article  Google Scholar 

  • Alberini, A., Zanatta, V., & Rosato, P. (2007). Combining actual and contingent behavior to estimate the value of sports fishing in the Lagoon of Venice. Ecological Economics, 61(2), 530–541.

    Article  Google Scholar 

  • Andrews, J. E., Samways, G., Dennis, P. F., & Maher, B. A. (2000). Origin, abundance and storage of organic carbon and sulphur in the Holocene Humber Estuary – Emphasising human impact on storage changes. In I. Shennan & J. E. Andrews (Eds.), Holocene land-ocean interaction and environmental change around the North Sea (Geological Society Special Publication No. 166, pp. 145–170).

    Google Scholar 

  • Andrews, J. E., Burgess, D., Cave, R. R., Coombes, E. G., Jickells, T. D., Parkes, D. J., & Turner, R. K. (2006). Biogeochemical value of managed realignment, Humber estuary, UK. Science of the Total Environment, 371(1), 19–30.

    Article  Google Scholar 

  • Austen, M., Malcolm, S., Frost, M., Hattam, C., Mangi, S., Mieszkowska, N., Stentford, G., Burrows, M., Butenschön M., Merino, G., Miles, A., & Smyth T. (2010). Chapter 10: Marine habitats. UK National Ecosystem Assessment. Cambridge: UNEP-WCMC.

    Google Scholar 

  • Barbier, E. B., Strand, I., & Sathirathai, S. (2002). Do open access conditions affect the valuation of an externality? Estimating the welfare effects of mangrove-fishery linkages in Thailand. Environmental and Resource Economics, 21(4), 343–365.

    Article  Google Scholar 

  • Barbier, E. B., Georgiou, I. Y., Enchelmeyer, B., & Reed, D. J. (2013). The value of wetlands in protecting southeast Louisiana from hurricane storm surges. PloS One, 8(3), e58715.

    Article  Google Scholar 

  • Bateman, I. J., Turner, R. K., Klein, R. J. T., & Langford, I. H. (2001). The application of the cost benefit method to sea defence and coastal protection management in England. In R. K. Turner, I. J. Bateman, & W. N. Adger (Eds.), Economics of coastal and water resources: Valuing environmental functions (pp. 113–142). Dordrecht: Kluwer.

    Chapter  Google Scholar 

  • Bateman, I. J., Day, B. H., Jones, A. P., & Jude, S. (2009). Reducing gain-loss asymmetry: A virtual reality choice experiment valuing land use change. Journal of Environmental Economics and Management, 58, 106–118.

    Article  Google Scholar 

  • Beaumont, N. J., Austen, M. C., Mangi, S. C., & Townsend, M. (2008). Economic valuation for the conservation of marine biodiversity. Marine Pollution Bulletin, 56, 386–396.

    Article  Google Scholar 

  • Beaumont, N., Hattam, C., Mangi, S., Moran, D., van Soest, D., Jones, L., & Tobermann, M. (2010). Economic analysis of ecosystem services provided by UK coastal margin and marine habitats (Final report to the economics team of the UK National Ecosystem Assessment). Plymouth: Plymouth Marine Laboratory.

    Google Scholar 

  • Beaumont, N. J., Jones, L., Garbutt, A., Hansom, J. D., & Toberman, M. (2014). The value of carbon sequestration and storage in coastal habitats. Estuarine, Coastal and Shelf Science, 137, 32–40.

    Article  Google Scholar 

  • Birol, E., & Cox, V. (2007). Using choice experiments to design wetland management programmes: The case of Severn Estuary wetland, UK. Journal of Environmental Planning and Management, 50(3), 363–380.

    Article  Google Scholar 

  • Bosetti, V., & Pearce, D. (2003). A study of environmental conflict: The economic value of Grey Seals in southwest England. Biodiversity and Conservation, 12, 2361–2392.

    Article  Google Scholar 

  • Brander, L. M., Florax, R. J. G. M., & Vermaat, J. E. (2006). The empirics of wetland valuation: A comprehensive summary and a meta-analysis of the literature. Environmental and Resource Economics, 33, 223–250.

    Article  Google Scholar 

  • Brander, L. M., Van Beukering, P., & Cesar, H. S. (2007). The recreational value of coral reefs: A meta-analysis. Ecological Economics, 63(1), 209–218.

    Article  Google Scholar 

  • Brander, L., Wagtendonk, A. J., Hussain, S. S., McVittie, A., Verburg, P. H., de Groot, R. S., & van der Ploeg, S. (2012). Ecosystem service values for mangroves in Southeast Asia: A meta-analysis and value transfer application. Ecosystem Services, 1(1), 62–69.

    Article  Google Scholar 

  • Brouwer, R. (2000). Environmental value transfer: State of the art and future prospects. Ecological Economics, 32, 137–152.

    Article  Google Scholar 

  • Brouwer, R. (2012). Constructed preference stability: A test–retest. Journal of Environmental Economics and Policy, 1(1), 70–84.

    Article  Google Scholar 

  • Cesar, H. S., & Beukering, P. V. (2004). Economic valuation of the coral reefs of Hawai’i. Pacific Science, 58(2), 231–242.

    Article  Google Scholar 

  • Chae, D. R., Wattage, P., & Pascoe, S. (2012). Recreational benefits from a marine protected area: A travel cost analysis of Lundy. Tourism Management, 33, 971–977.

    Article  Google Scholar 

  • Christie, M., & Gibbons, J. (2011). The effect of individual ‘ability to choose’ (scale heterogeneity) on the valuation of environmental goods. Ecological Economics, 70, 2250–2257.

    Article  Google Scholar 

  • Crilly, R., & Esteban, A. (2013). Small versus large-scale, multi-fleet fisheries: The case for economic, social and environmental access criteria in European fisheries. Marine Policy, 37, 20–27.

    Article  Google Scholar 

  • Das, S., & Vincent, J. R. (2009). Mangroves protected villages and reduced death toll during Indian super cyclone. Proceedings of the National Academy of Sciences, 106(18), 7357–7360.

    Article  Google Scholar 

  • Doherty, E., Murphy, G., Hynes, S., & Buckley, C. (2014). Valuing ecosystem services across water bodies: Results from a discrete choice experiment. Ecosystem Services, 7, 89–97.

    Google Scholar 

  • Enjolras, G., & Boisson, J. M. (2010). Valuing lagoons using a metaanalytical approach: Methodological and practical issues. Journal of Environmental Planning and Management, 53(8), 1031–1049.

    Article  Google Scholar 

  • Farr, M., Stoeckl, N., & Alam Beg, R. (2014). The non-consumptive (tourism) ‘value’ of marine species in the Northern section of the Great Barrier Reef. Marine Policy, 43, 89–103.

    Article  Google Scholar 

  • Georgiou, S., Bateman, I. J., Langford, I. H., & Day, R. J. (2000). Coastal bathing water health risks: Assessing the adequacy of proposals to amend the 1976 EC directive. Risk, Decision and Policy, 5(1), 49–68.

    Article  Google Scholar 

  • Ghermandi, A., & Nunes, P. A. (2013). A global map of coastal recreation values: Results from a spatially explicit meta-analysis. Ecological Economics, 86, 1–15.

    Article  Google Scholar 

  • Hanley, N., Bell, D., & Alvarez-Farizo, B. (2003). Valuing the benefits of coastal water quality improvements using contingent and real behaviour. Environmental and Resource Economics, 24, 273–285.

    Article  Google Scholar 

  • Heckbert, S., Costanza, R., Poloczanska, E. S., & Richardson, A. J. (2011). 12.10 – Climate regulation as a service from estuarine and coastal ecosystems. In E. Wolanski & D. McLusky (Eds.), Treatise on estuarine and coastal science (pp. 199–216). Waltham: Academic.

    Chapter  Google Scholar 

  • Hynes, S., Tinch, D., & Hanley, N. (2013). Valuing improvements to coastal waters using choice experiments: An application to revisions of the EU Bathing Waters Directive. Marine Policy, 40, 137–144.

    Article  Google Scholar 

  • Jickells, T. D., Andrews, J. E., Cave, R. R., & Parkes, D. J. (2003). Biogeochemical value of intertidal areas – A case study of the Humber estuary. In L. Ledoux (Ed.), Wetland valuation: State of the art and opportunities for further development (pp. 61). Norwich, UK: CSERGE.

    Google Scholar 

  • Jobstvogt, N., Hanley, N., Hynes, S., Kenter, J., & Witte, U. (2014). Twenty thousand sterling under the sea: Estimating the value of protecting deep-sea biodiversity. Ecological Economics, 97, 10–19.

    Article  Google Scholar 

  • Jones, M. L., Sowerby, A., Williams, D. L., & Jones, R. E. (2008). Factors controlling soil development in sand dunes: Evidence from a coastal dune soil chronosequence. Plant and Soil, 307(1), 219–234.

    Article  Google Scholar 

  • Jones, L., Angus, S., Cooper, A., Doody, P., Everard, M., Garbutt, A., Gilchrist, P., Hansom, J., Nicholls, R., Pye, K., Ravenscroft, N., Rees, S., Rhind, P., & Whitehouse, A. (2011). Chapter 11: Coastal margin habitats. National Ecosystem Assessment. Cambridge: UNEP-WCMC.

    Google Scholar 

  • Kenter, J. O., Bryce, R., Davies, A., Jobstvogt, N., Watson, V., Ranger, S., Solandt, J. L., Duncan, C., Christie, M., Crump, H., Irvine, K. N., Pinard, M., & Reed, M. S. (2013). The value of potential marine protected areas in the UK to divers and sea anglers. Cambridge: UNEP-WCMC.

    Google Scholar 

  • Kenter, J.O., Reed, M.S., Irvine, K.N., O’Brien, L., Brady, E., Bryce, R., Christie, M., Church, A., Cooper, N., Davies, A., Evely, A., Everard, M., Fazey, I., Hockley, N., Jobstvogt, N., Molloy, C., Orchard-Webb, J., Ravenscroft, N., Ryan, M., & Watson, V. (2014). Shared, plural and cultural values of ecosystems. Work package 5 Report UKNEA. Cambridge, UK: UNEP-WCMC.

    Google Scholar 

  • King, S. E., & Lester, J. N. (1995). The value of saltmarsh as a sea defence. Marine Pollution Bulletin, 30, 180–189.

    Article  Google Scholar 

  • Landry, C. E., & Hindsley, P. (2011). Valuing beach quality with hedonic property models. Land Economics, 87(1), 92–108.

    Google Scholar 

  • Latinopoulos, D. (2010). Valuing the services of coastal ecosystems: A meta-analysis of contingent valuation studies. International Journal of Sustainable Development and Planning, 5, 17.

    Article  Google Scholar 

  • Lawrence, K. S. (2005). Assessing the value of recreational sea angling in South West England. Fisheries Management and Ecology, 12, 369–375.

    Article  Google Scholar 

  • Londoño, L. M., & Johnston, R. J. (2012). Enhancing the reliability of benefit transfer over heterogeneous sites: A meta-analysis of international coral reef values. Ecological Economics, 78, 80–89.

    Article  Google Scholar 

  • Luisetti, T., Turner, R. K., Bateman, I. J., Morse-Jones, S., Adams, C., & Fonseca, L. (2011). Coastal and marine ecosystem services valuation for policy and management: Managed realignment case studies in England. Ocean & Coastal Management, 54, 212–224.

    Article  Google Scholar 

  • Luisetti, T., Jackson, E., & Turner, R. K. (2013). Valuing the European ‘coastal blue carbon’ storage benefit. Marine Pollution Bulletin, 72(1–2), 101–106.

    Article  Google Scholar 

  • Luisetti, T., Jickells, T., Andrews, J., Elliot, M., Malcolm, S., Schaafsma, M., Turner, R. K., Watts, W., Burdon, D., Adams, C., & Beaumont, N. (2014). Coastal zone ecosystem services: From science to values and decision making – case studies. Science of the Total Environment, 493, 682–693.

    Article  Google Scholar 

  • Mangi, S. C., Davis, C. E., Payne, L. A., Austen, M. C., Simmonds, D., Beaumont, N. J., & Smyth, T. (2011). Valuing the regulatory services provided by marine ecosystems. Environmetrics, 22, 686–698.

    Article  Google Scholar 

  • Martín-López, B., Montes, C., & Benayas, J. (2008). Economic valuation of biodiversity conservation: The meaning of numbers. Conservation Biology, 22(3), 624–635.

    Article  Google Scholar 

  • McVittie, A., & Moran, D. (2010). Valuing the non-use benefits of marine conservation zones: An application to the UK Marine Bill. Ecological Economics, 70, 413–424.

    Article  Google Scholar 

  • Meyerhoff, J. (2004). Non-use values and attitudes: Wetlands threatened by climate change. In M. Getzner, C. L. Spash, & S. Stagl (Eds.), Developing alternatives for valuing nature. London: Routledge.

    Google Scholar 

  • Milon, J. W., & Scrogin, D. (2006). Latent preferences and valuation of wetland ecosystem restoration. Ecological Economics, 56(2), 162–175.

    Article  Google Scholar 

  • Moss, D. (2008). EUNIS habitat classification – A guide for users. European topic centre on biological diversity. http://eunis.eea.europe/eu

  • Mourato, S., Atkinson, G., Collins, M., Gibbons, S., MacKerron, G., & Resende, G. (2010). Economic assessment of ecosystem related UK cultural services (The economics team of the UK National Ecosystem Assessment). London: London School of Economics.

    Google Scholar 

  • Murillas-Maza, A., Virto, J., Gallastegui, M. C., González, P., & Fernández-Macho, J. (2011). The value of open ocean ecosystems: A case study for the Spanish exclusive economic zone. Natural Resources Forum, 35(2), 122–133.

    Article  Google Scholar 

  • Nunes, P. A., & van den Bergh, J. C. (2004). Can people value protection against invasive marine species? Evidence from a joint TC–CV survey in the Netherlands. Environmental and Resource Economics, 28(4), 517–532.

    Article  Google Scholar 

  • O’Garra, T. (2012). Economic valuation of a traditional fishing ground on the coral coast in Fiji. Ocean & Coastal Management, 56, 44–55.

    Article  Google Scholar 

  • Parsons, E. C. M., Warburton, C. A., Woods-Ballard, A., Hughes, A., & Johnston, P. (2003). The value of conserving whales: The impacts of cetacean-related tourism on the economy of rural West Scotland. Aquatic Conservation of Marine and Freshwater Ecosystems, 13(5), 397–415.

    Article  Google Scholar 

  • Pascoe, S., Doshi, A., Thébaud, O., Thomas, C. R., Schuttenberg, H. Z., Heron, S. F., Setiasih, N., Tan, J. C. J., True, J., Wallmo, K., Loper, C., & Calgaro, E. (2014). Estimating the potential impact of entry fees for marine parks on dive tourism in South East Asia. Marine Policy, 47, 147–152.

    Article  Google Scholar 

  • Posford Duvivier Environment. (1996). Financial values of five important marine/coastal wildlife areas in England. English Nature Research Reports No 182. Peterborough, UK.

    Google Scholar 

  • Pugh, D. (2008). Socio-economic indicators of marine-related Activities in the UK economy. The Crown Estate, 68 pp. London, UK.

    Google Scholar 

  • Pugh, D., & Skinner, L. (2002). A new analysis of marine-related activities in the UK economy with supporting science and technology. IACMST Information Document No. 10. Southampton Oceanography Centre, Southampton, UK: IACMST.

    Google Scholar 

  • Pye, K., Saye, S. E., & Blott, S. J. (2007). Sand Dune processes and management for flood and coastal defence, Parts 1 to 5. Joint DEFRA/EA Flood and Coastal Erosion Risk Management R & D Programme, R & D technical report FD1 1302/TR. London, UK: DEFRA/EA.

    Google Scholar 

  • Rees, S. E., Rodwell, L. D., Attrill, M. J., Austen, M. C., & Mangi, S. C. (2010). The value of marine biodiversity to the leisure and recreation industry and its application to marine spatial planning. Marine Policy, 34, 868–875.

    Article  Google Scholar 

  • Ressurreição, A., Gibbons, J., Dentinho, T. P., Kaiser, M., Santos, R. S., & Edwards-Jones, G. (2011). Economic valuation of species loss in the open sea. Ecological Economics, 70(4), 729–739.

    Article  Google Scholar 

  • Ressurreição, A., Gibbons, J., Kaiser, M., Dentinho, T. P., Zarzycki, T., Bentley, C., Austen, M., Burdon, D., Atkins, J., Santos, R. S., & Edwards-Jones, G. (2012). Different cultures, different values: the role of cultural variation in public’s WTP for marine species conservation. Biological Conservation, 145(1), 148–159.

    Article  Google Scholar 

  • Ruiz-Frau, A., Hinz, H., Edwards-Jones, G., & Kaiser, M. J. (2013). Spatially explicit economic assessment of cultural ecosystem services: Non-extractive recreational uses of the coastal environment related to marine biodiversity. Marine Policy, 38, 90–98.

    Article  Google Scholar 

  • Salem, M. E., & Mercer, D. E. (2012). The economic value of mangroves: A meta-analysis. Sustainability, 4(3), 359–383.

    Article  Google Scholar 

  • Samonte-Tan, G. P., White, A. T., Tercero, M. A., Diviva, J., Tabara, E., & Caballes, C. (2007). Economic valuation of coastal and marine resources: Bohol Marine Triangle, Philippines. Coastal Management, 35(2–3), 319–338.

    Article  Google Scholar 

  • Saunders, J., Tinch, R., & Hull, S. (2010). Valuing the marine estate and UK seas: An ecosystem services framework. The Crown Estate, 54 pp. ISBN: 978-1-0-906410-15-5. London, UK.

    Google Scholar 

  • Sen, A., Harwood, A., Bateman, I. J., Munday, P., Crowe, A., Brander, L., Raychaudhuri, J., Lovett, A. A., Foden, J., & Provins, A. (2014). Economic assessment of the recreational value of ecosystems; methodological development and national and local application. Environment and Resource Economics, 57(2), 233–249.

    Article  Google Scholar 

  • Shepherd, D., Burgess, D., Jickells, T., Andrews, J., Cave, R., Turner, R. K., Aldridge, J., Parker, E. R., & Young, E. (2007). Modelling the effects and economics of managed realignment on the cycling and storage of nutrients, carbon and sediments in the Blackwater estuary UK. Estuarine, Coastal and Shelf Science, 73(3), 355–367.

    Article  Google Scholar 

  • Smith, M. D., & Wilen, J. E. (2003). Economic impacts of marine reserves: The importance of spatial behavior. Journal of Environmental Economics and Management, 46(2), 183–206.

    Article  Google Scholar 

  • Stål, J., Paulsen, S., Pihl, L., Rönnbäck, P., Söderqvist, T., & Wennhage, H. (2008). Coastal habitat support to fish and fisheries in Sweden: Integrating ecosystem functions into fisheries management. Ocean & Coastal Management, 51(8), 594–600.

    Article  Google Scholar 

  • Tinch, R., & Ledoux, L. (2006). Economics of managed realignment in the UK. Environmental Futures Limited. Norwich, UK.

    Google Scholar 

  • Turpie, J. K., Heydenrych, B. J., & Lamberth, S. J. (2003). Economic value of terrestrial and marine biodiversity in the Cape Floristic Region: Implications for defining effective and socially optimal conservation strategies. Biological Conservation, 112(1), 233–251.

    Article  Google Scholar 

  • Tuya, F., Haroun, R., & Espino, F. (2014). Economic assessment of ecosystem services: Monetary value of seagrass meadows for coastal fisheries. Ocean & Coastal Management, 96, 181–187.

    Article  Google Scholar 

  • UK National Ecosystem Assessment. (2011). The UK National Ecosystem Assessment technical report. Cambridge: UNEP-WCMC.

    Google Scholar 

  • UKMMAS. (2010). Charting Progress 2: Productive seas evidence group feeder report. Published by Defra on behalf of UKMMAS.

    Google Scholar 

  • Unsworth, R. K., Cullen, L. C., Pretty, J. N., Smith, D. J., & Bell, J. J. (2010). Economic and subsistence values of the standing stocks of seagrass fisheries: Potential benefits of no-fishing marine protected area management. Ocean & Coastal Management, 53(5), 218–224.

    Article  Google Scholar 

  • Van der Meulen, F., Bakker, T., & Houston, J. (2004). The costs of our coasts: Examples of dynamic dune management from Western Europe. Coastal dunes (pp. 259–277). Springer-Verlag Berlin Heidelberg.

    Google Scholar 

  • Voke, M., Fairley, I., Willis, M., & Masters, I. (2013). Economic evaluation of the recreational value of the coastal environment in a marine renewables deployment area. Ocean & Coastal Management, 78, 77–87.

    Article  Google Scholar 

  • Wattage, P., Glenn, H., Mardle, S., Van Rensburg, T., Grehan, A., & Foley, N. (2011). Economic value of conserving deep-sea corals in Irish waters: A choice experiment study on marine protected areas. Fisheries Research, 107(1), 59–67.

    Article  Google Scholar 

  • Windle, J., & Rolfe, J. (2013). Estimating nonmarket values of Brisbane (State capital) residents for State based beach recreation. Ocean & Coastal Management, 85, 103–111.

    Article  Google Scholar 

  • Zheng, W., Shi, H., Chen, S., & Zhu, M. (2009). Benefit and cost analysis of mariculture based on ecosystem services. Ecological Economics, 68(6), 1626–1632.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Geography and Environment and Centre for Biological Sciences, University of Southampton, University Road, Southampton, SO17 1BJ, UK

    M. Schaafsma

  2. School of Environmental Sciences, University of East Anglia, Norwich, UK

    R. K. Turner

Authors
  1. M. Schaafsma
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. R. K. Turner
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to M. Schaafsma .

Editor information

Editors and Affiliations

  1. School of Environmental Sciences, University of East Anglia, Norwich, United Kingdom

    R. Kerry Turner

  2. Geography and Environment & Centre for Biological Sciences, University of Southampton, Southampton, United Kingdom

    Marije Schaafsma

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer International Publishing Switzerland

About this chapter

Cite this chapter

Schaafsma, M., Turner, R.K. (2015). Valuation of Coastal and Marine Ecosystem Services: A Literature Review. In: Turner, R., Schaafsma, M. (eds) Coastal Zones Ecosystem Services. Studies in Ecological Economics, vol 9. Springer, Cham. https://doi.org/10.1007/978-3-319-17214-9_6

Download citation

Publish with us

Policies and ethics

Search

Navigation