Valuing Ecosystem Services

The Case of Multi-functional Wetlands

Stavros Georgiou, R. Kerry Turner, Brendan Fisher (Princeton University, USA)

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English

Earthscan Ltd
03 March 2011

Environmental economics; Ecological science, the Biosphere; Wetlands, swamps, fens

Series: Routledge Studies in Ecosystem Services

Ecosystem services can be broadly defined as the aspects of ecosystems that provide benefits to people. This book provides guidance on the valuation of ecosystem services, using the case of multifunctional wetlands to illustrate and make recommendations regarding the methods and techniques that can be applied to appraise management options. It provides a review of ecosystem service valuation rationale, including its importance from both a policy and project appraisal perspective, and a useful reference when considering policy and appraisal of ecosystem management options. It shows how legal obligations and other high-level management targets should be taken into account in valuation exercises, thus giving important policy context to the management options.

The authors set out what they call an Ecosystem Services Approach to the full appraisal of the role of ecosystem services in the economy and society. Although concentrating on wetlands, the approaches suggested provide an assessment framework that can be applied to other types of ecosystem assets.

By: Stavros Georgiou, R. Kerry Turner, Brendan Fisher (Princeton University, USA)
Imprint: Earthscan Ltd
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm, Spine: 18mm
Weight: 340g
ISBN: 9781849713542
ISBN 10: 1849713545
Series: Routledge Studies in Ecosystem Services
Pages: 230
Publication Date: 03 March 2011
Audience: College/higher education , Professional and scholarly , A / AS level , Further / Higher Education
Format: Paperback
Publisher's Status: Active

1. Introduction 2.The Ecosystem Services Approach to Natural Resource Management 3. Policy Appraisal Perspectives and Socio-economic Appraisal Approaches 4. The Ecosystem Services Approach: Valuation of Multi-functional Wetlands 5. Economic Valuation of Wetland Ecosystem Services in Practice 6. Valuation of Multi-functional Wetland: Case Studies 7. Conclusions and Future Prospects Appendices Bibliography Index

R Kerry Turner, CBE, is director of the Centre for Social and Economic Research on the Global Environment (CSERGE) and director of the Zuckerman Institute for Connective Environmental Research (ZICER), both at the University of East Anglia, UK. Stavros Georgiou is an economic advisor, UK Health and Safety Executive and an honorary research fellow at CSERGE. Brendan Fisher is a Research Fellow at thei? Woodrow Wilson School ofi? Public and Internationali? Affairsi? at Princeton University, USA.

Reviews for Valuing Ecosystem Services: The Case of Multi-functional Wetlands

'This is the definitive volume on understanding and valuing wetland ecosystem services. With rapidly growing interest in ecosystem services and applications in a broad range of contexts, this volume is absolutely essential.' Robert Costanza, Professor of ecological economics, University of Vermont, USA 'Brings the subject together in a text that combines theory, principles and practical applications - in a way that will be of interest to researchers and practitioners.' Joe Morris, Professor of resource economics and management, Cranfield University, UK 'A valuable reference' S.G. Shetron, emeritus professor, Michigan Technological University, USA