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The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge

Stoeckl, Natalie, Hicks, Christina C., Mills, Morena, Fabricius, Katharina, Esparon, Michelle, Kroon Frederieke, Sangha, Kamaljit K. (Kaur, Kamaljit) and Costanza, Robert (2011). The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge<br />. Annals of the New York Academy of Sciences,1219 - Ecologial Economics Reviews:113-133.

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Title The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge
Author Stoeckl, Natalie
Hicks, Christina C.
Mills, Morena
Fabricius, Katharina
Esparon, Michelle
Kroon Frederieke
Sangha, Kamaljit K. (Kaur, Kamaljit)
Costanza, Robert
Journal Name Annals of the New York Academy of Sciences
Publication Date 2011
Volume Number 1219 - Ecologial Economics Reviews
ISSN 0077-8923   (check CDU catalogue open catalogue search in new window)
Start Page 113
End Page 133
Total Pages 21
Place of Publication United States of America
Publisher Wiley-Blackwell Publishing, Inc.
Abstract This article reviews literature relating to the Great Barrier Reef (GBR) and aims to assess the current state of knowledge about (1) the “value” of ecosystem services (ES) provided by the GBR and (2) the way in which activities that are carried out in regions adjacent to the GBR affect those values. It finds that most GBR valuation studies have concentrated on a narrow range of ES (e.g., tourism and fishing) and that little is known about other ES or about the social, temporal, and spatial distribution of those services. Just as the reef provides ES to humans and to other ecosystems, so too does the reef receive a variety of ES from adjoining systems (e.g., mangroves). Yet, despite the evidence that the reef’s ability to provide ES has been eroded because of recent changes to adjoining ecosystems, little is known about the value of the ES provided by adjoining systems or about the value of recent changes. These information gaps may lead to suboptimal allocations of resource use within multiple realms.
Keywords Ecosystem services
Economic valuation
Great Barrier Reef (GBR)
Catchments
DOI http://dx.doi.org/10.1111/j.1749-6632.2010.05892.x   (check subscription with CDU E-Gateway service for CDU Staff and Students  check subscription with CDU E-Gateway in new window)
Description for Link Link to publisher's version
URL http://onlinelibrary.wiley.com/doi/10.1111/j.1749-6632.2010.05892.x/abstract
 
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