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Economic appraisal of ecosystem services and restoration scenarios in a tropical coastal Ramsar wetland in India

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  • Sinclair, Michael
  • Vishnu Sagar, M.K.
  • Knudsen, Camilla
  • Sabu, Joseph
  • Ghermandi, Andrea

Abstract

Valuation of ecosystem services can play an important role in guiding decision-making concerning the restoration of natural ecosystems which is particularly important in tropical coastal wetlands due to their widespread deterioration. This study investigates the environmental status and provision of key ecosystem services of the Ashtamudi lake Ramsar site in Kerala, India, and explores the feasibility of wetland restoration scenarios through a multi-year program involving stakeholder workshops, primary market data collection, and stated preference non-market valuation. Relying on the input of local stakeholders, we apply a choice experiment to estimate the willingness to pay for wetland restoration scenarios with a focus on water quality, mangrove conservation and sustainable fisheries. Results indicate that local stakeholders attribute the greatest value to mangrove conservation, followed by water quality and sustainably managed fisheries. Furthermore, we show that the local residents’ willingness to pay for modest and moderate wetland improvement scenarios may outweigh the potential cost of the restoration projects, especially for modest restoration objectives and even under conservative assumptions regarding the benefits and costs of restoration. We discuss how such results can inform local policy in the development of sustainable management practices and act as a benchmark for the extensive network of wetlands in Kerala.

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  • Sinclair, Michael & Vishnu Sagar, M.K. & Knudsen, Camilla & Sabu, Joseph & Ghermandi, Andrea, 2021. "Economic appraisal of ecosystem services and restoration scenarios in a tropical coastal Ramsar wetland in India," Ecosystem Services, Elsevier, vol. 47(C).
    • Handle: RePEc:eee:ecoser:v:47:y:2021:i:c:s2212041620301789
    DOI: 10.1016/j.ecoser.2020.101236
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    1. Darshana Athukorala & Ronald C. Estoque & Yuji Murayama & Bunkei Matsushita, 2021. "Ecosystem Services Monitoring in the Muthurajawela Marsh and Negombo Lagoon, Sri Lanka, for Sustainable Landscape Planning," Sustainability, MDPI, vol. 13(20), pages 1-18, October.
    2. Xin Jing & Yuefei Zhuo & Zhongguo Xu & Yang Chen & Guan Li & Xueqi Wang, 2023. "Coastal Wetland Restoration Strategies Based on Ecosystem Service Changes: A Case Study of the South Bank of Hangzhou Bay," Land, MDPI, vol. 12(5), pages 1-20, May.
    3. Shrestha, Kripa & Shakya, Bandana & Adhikari, Biraj & Nepal, Mani & Shaoliang, Yi, 2023. "Ecosystem services valuation for conservation and development decisions: A review of valuation studies and tools in the Far Eastern Himalaya," Ecosystem Services, Elsevier, vol. 61(C).
    4. Nezha Mejjad & Marzia Rovere, 2021. "Understanding the Impacts of Blue Economy Growth on Deep-Sea Ecosystem Services," Sustainability, MDPI, vol. 13(22), pages 1-26, November.
    5. Henghui Xi & Wanglai Cui & Li Cai & Mengyuan Chen & Chenglei Xu, 2021. "Evaluation and Prediction of Ecosystem Service Value in the Zhoushan Islands Based on LUCC," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
    6. Bekoe, Joseph & Balana, Bedru B. & Nimoh, Fred, 2021. "Social cost-benefit analysis of investment in rehabilitation of multipurpose small reservoirs in northern Ghana using an ecosystem services-based approach," Ecosystem Services, Elsevier, vol. 50(C).

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