Valuation of functions of the Wadden Area

H. Folmer, A. van der Veen, C.M. van der Heide

Research output: Book/ReportReportProfessional

Abstract

The rationale of this position paper is to explore ways to employ valuation methods to assess the impacts of alternative policy decisions on the functions of the Wadden Area. Based on this rationale, this paper aims to bring an ecological-economic perspective on the benefits of the Wadden Area. It highlights key issues involved in the notion and application of monetary valuation methods for valuing the (ecological) functions of the area. It also pays attention to the development of policy handles on the basis of the outcome of the valuation of ecological functions. Particularly, the paper discuss Payment for Environmental Services (PES), which aims at preservation and protection by purchasing conservation. The use of a valuation instrument within a Payment for Environmental Services Scheme is new. Valuation is of course an established technique within a Cost-Benefit framework. However, Payment for Environmental Services is an innovative way of designing policy instruments in the collaboration between ecologists and economists
Original languageEnglish
Place of PublicationLeeuwarden
PublisherWaddenacademie
Number of pages38
ISBN (Print)9789490289171
Publication statusPublished - 2010

Publication series

NameVerkenningen 2010-01
PublisherWaddenacademie (KNAW)
No.2272000080

Keywords

  • ecology
  • wetlands
  • land use
  • cost benefit analysis
  • ecosystem services

Fingerprint

Dive into the research topics of 'Valuation of functions of the Wadden Area'. Together they form a unique fingerprint.

Cite this