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Submission |
ID |
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111965 |
Submitting Entity |
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Marsden Jacob Associates
Financial & Economic Consultants |
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Main Information |
Title |
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Literature Review of the Economic Value of Ecosystem Services that Wetlands Provide |
Description |
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Most if not all applicable economic valuation techniques require advanced technical skills to achieve, and non-use valuation methods (especially contingent valuation and choice modelling) require careful preparation and execution to develop robust results. These types of studies tend to dominate the literature, but have proven difficult to incorporate into policy decisions. The existing body of economic research is a useful start, but is insufficient to present a detailed and accurate data set of the economic values of Australian wetland ecosystem services. It may be that within a guiding Commonwealth framework, a broader strategic set of economic values can be collected over time using defensible techniques, for use in policy formation and investment decisions. |
Web Link |
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/doc/case-studies/inc/cs-inc-es-wetlands.pdf |
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Additional Information |
Authors |
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Kym Whiteoak and Jim Binney (2012) |
Countries |
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Australia |
Regions |
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Western Europe and Others |
Incentive Measures |
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Economic Valuation |
Keywords |
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Ecosystem Services Wetlands ecosystems |
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