The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge

Stoeckl, Natalie, Hicks, Christina C., Mills, Morena, Fabricius, Katharina, Esparon, Michelle, Kroon, Frederieke, Kaur, Kamaljit and Costanza, Robert (2011) The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge. Annals of the New York Academy of Sciences, 1219 113-133. doi:10.1111/j.1749-6632.2010.05892.x

Author Stoeckl, Natalie
Hicks, Christina C.
Mills, Morena
Fabricius, Katharina
Esparon, Michelle
Kroon, Frederieke
Kaur, Kamaljit
Costanza, Robert
Title The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge
Journal name Annals of the New York Academy of Sciences   Check publisher's open access policy
ISSN 0077-8923
ISBN 9781573318204
Publication date 2011-02
Sub-type Article (original research)
DOI 10.1111/j.1749-6632.2010.05892.x
Volume 1219
Start page 113
End page 133
Total pages 21
Place of publication Hoboken, NJ, United States
Publisher Wiley-Blackwell
Language eng
Abstract This article reviews literature relating to the Great Barrier Reef (GBR) and aims to assess the current state of knowledge about (1) the “value” of ecosystem services (ES) provided by the GBR and (2) the way in which activities that are carried out in regions adjacent to the GBR affect those values. It finds that most GBR valuation studies have concentrated on a narrow range of ES (e.g., tourism and fishing) and that little is known about other ES or about the social, temporal, and spatial distribution of those services. Just as the reef provides ES to humans and to other ecosystems, so too does the reef receive a variety of ES from adjoining systems (e.g., mangroves). Yet, despite the evidence that the reef's ability to provide ES has been eroded because of recent changes to adjoining ecosystems, little is known about the value of the ES provided by adjoining systems or about the value of recent changes. These information gaps may lead to suboptimal allocations of resource use within multiple realms.
Keyword Ecosystem services
Economic valuation
Great Barrier Reef (GBR)
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ
Additional Notes Issue: Ecological Economics Reviews

Document type: Journal Article
Sub-type: Article (original research)
Collection: Global Change Institute Publications
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Citation counts: TR Web of Science Citation Count  Cited 26 times in Thomson Reuters Web of Science Article | Citations
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