Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology.
Due to the public good nature of many of mangrove’s ecosystem services, markets for them do not exist and there is limited potential to manage them with conventional markets. Moreover, because of the difficulties in estimating the value of these non-marketed services, mangroves are often undervalued...
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Elsevier, Ámsterdam (Países Bajos)
2021
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Acceso en línea: | https://doi.org/10.1016/j.ecoser.2021.101258 https://repositorio.catie.ac.cr/handle/11554/10487 |
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RepoCATIE104872022-08-05T18:52:38Z Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. Hernández-Blanco, Marcello Costanza, Robert Cifuentes-Jara, Miguel SERVICIOS ECOSISTEMICOS VALORACION ECONOMICA MANGLARES CAPITAL NATURAL CONSERVACION BIENES PUBLICOS TURISMO BIODIVERSIDAD HUMEDALES GOLFO DE NICOYA Due to the public good nature of many of mangrove’s ecosystem services, markets for them do not exist and there is limited potential to manage them with conventional markets. Moreover, because of the difficulties in estimating the value of these non-marketed services, mangroves are often undervalued in benefit cost analysis of conservation versus commercial land uses causing their degradation and loss. With the goal of supporting the current efforts of the government of Costa Rica to develop a new PES scheme that include these ecosystems, as well as other policy initiatives on wetlands conservation and restoration, we applied a hybrid approach to estimate the value of ecosystem services from mangrove forests in the Gulf of Nicoya. Our method consists of traditional benefit transfer and expert modified benefit transfer for 11 ecosystem services, and the application of more specific methods to estimate three of those ecosystem services (i.e. climate regulation, fisheries and coastal protection). Using traditional benefit transfer, we estimated the total economic value of ecosystem services of mangroves in the Gulf of Nicoya in $812 million per year (median=$88 million/year), and the total mean value of the ecosystem services provided by all the mangroves in Costa Rica as $1.5 billion per year (median=$160 million/year). By applying the expert modified benefit transfer we estimated that the mean total value of the mangrove forests of the Gulf of Nicoya is $470 million per year, and a median value of $75 million per year... 2021-03-15T17:30:58Z 2021-03-15T17:30:58Z 2021 Artículo https://doi.org/10.1016/j.ecoser.2021.101258 https://repositorio.catie.ac.cr/handle/11554/10487 en Ecosystem Services Volume 49 (2021) info:eu-repo/semantics/restrictedAccess application/pdf Elsevier, Ámsterdam (Países Bajos) |
institution |
Centro Agronómico Tropical de Investigación y Enseñanza |
collection |
Repositorio CATIE |
language |
Inglés |
topic |
SERVICIOS ECOSISTEMICOS VALORACION ECONOMICA MANGLARES CAPITAL NATURAL CONSERVACION BIENES PUBLICOS TURISMO BIODIVERSIDAD HUMEDALES GOLFO DE NICOYA |
spellingShingle |
SERVICIOS ECOSISTEMICOS VALORACION ECONOMICA MANGLARES CAPITAL NATURAL CONSERVACION BIENES PUBLICOS TURISMO BIODIVERSIDAD HUMEDALES GOLFO DE NICOYA Hernández-Blanco, Marcello Costanza, Robert Cifuentes-Jara, Miguel Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
description |
Due to the public good nature of many of mangrove’s ecosystem services, markets for them do not exist and there is limited potential to manage them with conventional markets. Moreover, because of the difficulties in estimating the value of these non-marketed services, mangroves are often undervalued in benefit cost analysis of conservation versus commercial land uses causing their degradation and loss. With the goal of supporting the current efforts of the government of Costa Rica to develop a new PES scheme that include these ecosystems, as well as other policy initiatives on wetlands conservation and restoration, we applied a hybrid approach to estimate the value of ecosystem services from mangrove forests in the Gulf of Nicoya. Our method consists of traditional benefit transfer and expert modified benefit transfer for 11 ecosystem services, and the application of more specific methods to estimate three of those ecosystem services (i.e. climate regulation, fisheries and coastal protection). Using traditional benefit transfer, we estimated the total economic value of ecosystem services of mangroves in the Gulf of Nicoya in $812 million per year (median=$88 million/year), and the total mean value of the ecosystem services provided by all the mangroves in Costa Rica as $1.5 billion per year (median=$160 million/year). By applying the expert modified benefit transfer we estimated that the mean total value of the mangrove forests of the Gulf of Nicoya is $470 million per year, and a median value of $75 million per year... |
format |
Artículo |
author |
Hernández-Blanco, Marcello Costanza, Robert Cifuentes-Jara, Miguel |
author_facet |
Hernández-Blanco, Marcello Costanza, Robert Cifuentes-Jara, Miguel |
author_sort |
Hernández-Blanco, Marcello |
title |
Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
title_short |
Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
title_full |
Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
title_fullStr |
Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
title_full_unstemmed |
Economic valuation of the ecosystem services provided by the mangroves of the Gulf of Nicoya using a hybrid methodology. |
title_sort |
economic valuation of the ecosystem services provided by the mangroves of the gulf of nicoya using a hybrid methodology. |
publisher |
Elsevier, Ámsterdam (Países Bajos) |
publishDate |
2021 |
url |
https://doi.org/10.1016/j.ecoser.2021.101258 https://repositorio.catie.ac.cr/handle/11554/10487 |
work_keys_str_mv |
AT hernandezblancomarcello economicvaluationoftheecosystemservicesprovidedbythemangrovesofthegulfofnicoyausingahybridmethodology AT costanzarobert economicvaluationoftheecosystemservicesprovidedbythemangrovesofthegulfofnicoyausingahybridmethodology AT cifuentesjaramiguel economicvaluationoftheecosystemservicesprovidedbythemangrovesofthegulfofnicoyausingahybridmethodology |
_version_ |
1808116597810790400 |