The seagrass Posidonia oceanica: Ecosystem services identification and economic evaluation of goods and benefits

The seagrass Posidonia oceanica: Ecosystem services identification and economic evaluation of goods and benefits

Primary Country: France
Ecosystem: seagrass
Sample Value Estimates: To estimate the economic value of P. oceanica seagrass and the meadows that it forms to better account its presence in coastal development, identification and assessment of Ecosystem Services [ES] provided are first performed. Then goods and benefits [GB] and their economical values are estimated. In total, 25 ES are identified and 7 GB are economically evaluated. The economic value of GB provided by P. oceanica ranges between US$ 28.26 million and $51.26 million per year which means US$316 - $573/year. Because of the lack of existing available data, only 7 GB linked to 11/25 ES have been estimated.
Methodology: review of existing economic evaluations that are completed with evaluations made with transfer methods, or whenever possible, authors conducted their own field economic evaluations using direct market prices, damage costs avoided or production function

Publication information

Campagne, C.S. J. Salles, P. Boissery, J. Deter “The seagrass Posidonia oceanica: Ecosystem services identification and economic evaluation of goods and benefits” Marine Pollution Bulletin (avail. 28 May 2015) doi:10.1016/j.marpolbul.2015.05.061, 2015

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