Natural Capital Accounting of the Coralligenous Habitat in Marine Protected Areas

Coralligenous bioconstructions are a key Mediterranean ecosystem for their associated biodiversity and role in the blue carbon cycle. They are also sensitive to environmental alterations (e.g., climate change) and other anthropic impacts related to coastal anthropization (e.g., fishing activities). Marine-coastal zone protection, conservation programs and management strategies are essential to guarantee a good ecological status of the coralligenous habitat. In this context, environmental and ecosystem accounting are useful tools to measure natural capital stocks and ecosystem service flows associated with marine ecosystems, conveying their importance in scientific and policy contexts. Indeed, the importance of marine ecosystems is often overlooked due to the difficulty of expressing their value in common units, making it challenging for decision-makers to explore trade-offs between conservation and exploitation of marine ecosystems. In this study, a biophysical and trophodynamic environmental accounting model was used to assess the biophysical value of natural capital stocks of the coralligenous habitat in three Marine Protected Areas (MPAs) of the Campania Region (Southern Italy): Punta Campanella, Santa Maria di Castellabate, and Costa degli Infreschi e della Masseta. The natural capital value per unit area associated with the coralligenous habitat ranged from 2.44 × 10 12 to 4.72 × 10 12 sej m −2 for Santa Maria di Castellabate and Punta Campanella, respectively. Despite the different intensive values of natural capital calculated for the MPAs, there were no significant differences both in the biomass values of the taxonomic groups and in the biomass-based Shannon diversity index. Additionally, the biophysical values were also converted into monetary units, with the aim of facilitating the understanding of the importance of natural stocks in socio-economic and political contexts. The economic equivalent of natural capital value refers to the total extent of the coralligenous habitat and ranged from about EUR 1 to 15 million for Costa degli Infreschi e della Masseta and Santa Maria di Castellabate, respectively. The results of this study could be useful for local managers and policy makers and may make them more likely to achieve biodiversity conservation and sustainable development goals in MPAs. This is the first study devoted to the assessment of natural capital value of coralligenous habitats. Future studies could complement the results of this study with biophysical and economic assessments of ecosystem service flows generated by coralligenous habitats, focusing on the role they play in human well-being.