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Global warming and changes in marine ecosystems: economic consequences and adjustment issues

In: Building a Climate Resilient Economy and Society

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  • Clem Tisdell

Abstract

Rising sea levels, pollution, and increasing stresses on marine species and areas are major challenges confronting marine ecosystems as a result of climate change. In this chapter the author reviews the major changes in marine environments which natural scientists expect to occur because of elevated levels of greenhouse gases (GHG) in the atmosphere and considers their general implications for the presence of living organisms and supply of marine ecoservices. The chapter then focuses attention on the insights obtained from a Norwegian investigation of the economic impacts of GHG-induced changes in marine ecosystems. Thereafter GHG-induced losses of coral reefs and their potential economic impacts are discussed. Proposed policies for responding to predicted changes in marine ecosystems are examined, followed by a discussion of building resilience in the context of marine ecosystems.

Suggested Citation

  • Clem Tisdell, 2017. "Global warming and changes in marine ecosystems: economic consequences and adjustment issues," Chapters, in: K. N. Ninan & Makoto Inoue (ed.), Building a Climate Resilient Economy and Society, chapter 8, pages 132-150, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17181_8
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    Cited by:

    1. Courard-Hauri, David & Klimas, Christie A. & Parrish, Conor, 2020. "An analysis of the long-term social discount rate and the valuation of large environmental losses using non-monetary tradeoffs," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 87(C).

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