DROPLET

Valuing the significant ecosystem services provided by Irish coastal, marine and estuarine habitats

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Project Metadata ElementDetails
  Project Title Valuing the significant ecosystem services provided by Irish coastal, marine and estuarine habitats
Research Area Water
Project Acronym
  Principal Investigator or Lead Irish Partner Stephen Hynes
  Lead Institution or Organisation National University of Ireland Galway (NUIG)
 Lead Country Ireland
 Latitude, Longitude (of Lead Institution) 53.27905, -9.05794
  Lead Funding Entity Environmental Protection Agency
  Approximate Project Start Date 16/02/2015
  Approximate Project Finishing Date 16/08/2016
  Project Website (if any)
  Links to other Web-based resources
 Project Keywords Ecosystem Service; Marine; Service Value; Benefit values; Policy
  Project Abstract The main objective of this project is the generation of monetary values for the significant ecosystem service benefits provided by Ireland's coastal, marine and estuarine environments. These ecosystem services occur at multiple scales, from climate regulation and carbon sequestration at the global scale to food provision, marine recreation opportunities and waste treatment at a local and regional scale. By categorising and mapping coastal, marine and estuarine ecosystems and linking them to reliable estimates of ecosystem service value flows, this project will assist decision makers with responsibility for marine and coastal zone management as they attempt to manage developments in a manner that maximizes the delivery of value to society while minimizing forgone market opportunities. The valuation of the identified ecosystem service benefits will be accomplished using secondary sources of information. Where values cannot be generated, descriptive details will be given on the possible ways by which the particular ecosystem service benefits society. Outputs will include a report on the benefit values associated with marine and coastal ecosystem services and a paper on the use of meta analysis for valuing recreational benefits. The values generated will provide policy-makers with information on ranking of ecosystem services (such as for example, whether the value associated with the recreational services provided in a bay are greater than the potential waste assimilation services values from the outflow of a proposed treatment plant). The results will also provide policy makers with information on spatial differences in the values of the identified marine ecosystem services around the coast.