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Valuing Ecosystem Services for Coastal Wetland Protection and Restoration: Progress and Challenges

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  • Edward B. Barbier

    (Department of Economics and Finance, University of Wyoming, 1000 E. University Ave., Laramie, WY 82071, USA)

Abstract

Coastal wetlands, such as marshes, mangroves and forested swamps, are in decline globally. Although considerable progress has been made in quantifying and valuing some of the key ecosystem goods and services provided by these habitats, fundamental challenges remain. The biggest challenge is inadequate knowledge to link changes in ecosystem structure and function to the production of valuable goods and services. Another problem is that very few ecosystem services are marketed. This review discusses recent advances in overcoming these challenges. To illustrate key valuation issues, the paper introduces three case studies from the US Gulf Coast state of Louisiana: quantifying ecosystem services and the 2012 Master Plan for coastal Louisiana; valuing storm protection by marsh in southeast Louisiana; and oil spills and the Natural Resource Damage Assessment approach to wetland compensation in lieu of restoration. The paper concludes with some final remarks on the state of coastal wetland valuation for protection and restoration.

Suggested Citation

  • Edward B. Barbier, 2013. "Valuing Ecosystem Services for Coastal Wetland Protection and Restoration: Progress and Challenges," Resources, MDPI, vol. 2(3), pages 1-18, August.
  • Handle: RePEc:gam:jresou:v:2:y:2013:i:3:p:213-230:d:28018
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    References listed on IDEAS

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    1. Barbier,Edward B., 2011. "Capitalizing on Nature," Cambridge Books, Cambridge University Press, number 9781107007277, November.
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    8. Nicholas E. Flores & Jennifer Thacher, 2002. "Money, Who Needs It? Natural Resource Damage Assessment," Contemporary Economic Policy, Western Economic Association International, vol. 20(2), pages 171-178, April.
    9. Edward B Barbier & Ioannis Y Georgiou & Brian Enchelmeyer & Denise J Reed, 2013. "The Value of Wetlands in Protecting Southeast Louisiana from Hurricane Storm Surges," PLOS ONE, Public Library of Science, vol. 8(3), pages 1-6, March.
    10. Zafonte, Matthew & Hampton, Steve, 2007. "Exploring welfare implications of resource equivalency analysis in natural resource damage assessments," Ecological Economics, Elsevier, vol. 61(1), pages 134-145, February.
    11. Edward B. Barbier, 2007. "Valuing ecosystem services as productive inputs [‘Valuing groundwater recharge through agricultural production in the Hadejia-Jama’are wetlands in northern Nigeria’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(49), pages 178-229.
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    Cited by:

    1. Jun-Yi Zheng & Ying-Ying Hao & Yuan-Chen Wang & Si-Qi Zhou & Wan-Ben Wu & Qi Yuan & Yu Gao & Hai-Qiang Guo & Xing-Xing Cai & Bin Zhao, 2022. "Coastal Wetland Vegetation Classification Using Pixel-Based, Object-Based and Deep Learning Methods Based on RGB-UAV," Land, MDPI, vol. 11(11), pages 1-22, November.
    2. Alexander I. Belyaev & Anna M. Pugacheva & Evgenia A. Korneeva, 2022. "Assessment of Ecosystem Services of Wetlands of the Volga–Akhtuba Floodplain," Sustainability, MDPI, vol. 14(18), pages 1-14, September.
    3. Miriam Fernandez-Nunez & Helene Burningham & Pilar Díaz-Cuevas & José Ojeda-Zújar, 2019. "Evaluating the Response of Mediterranean-Atlantic Saltmarshes to Sea-Level Rise," Resources, MDPI, vol. 8(1), pages 1-20, March.
    4. Hua Wang & Walter Keithly & Rex Caffey, 2019. "Factors Influencing Landowners’ Decisions for Income-Generating Activities on Private Coastal Wetland in Louisiana," Resources, MDPI, vol. 8(2), pages 1-20, June.
    5. Mandla Dlamini & George Chirima & Nebo Jovanovic & Elhadi Adam, 2021. "Assessing the Effects of Land Use on Surface Water Quality in the Lower uMfolozi Floodplain System, South Africa," IJERPH, MDPI, vol. 18(2), pages 1-18, January.

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