Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes

Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes

Primary Country: Australia
Ecosystem: wetland
Sample Value Estimates:
All values in AUS$: Annual economic value provided by the fresh and salt water wetlands of the Wet Tropics World Heritage Area in Australia for
  1. AUS$10.09/ha/yr,: water supply ,
  2. $2.58: water regulation,
  3. $2.35: soil formation,
  4. $5.87: recreation,
  5. $6.8: raw materials,
  6. $5.64: food,
  7. $8.45: pollination,
  8. $9.16: nutrient cycling,
  9. $12.68: aesthetic, cultural and spiritual values,
  10. AUS$17.13: genetic resources,
  11. $14.79: biological control,
  12. $15.96: climate regulation,
  13. $17.14: erosion control,
  14. $16.20: gas regulation,
  15. $43.42: habitat function,
  16. $25.58: waste regulation,
  17. $188 - 211 million: Total value of ecosystem goods and services per year,
  18. $210 - 236 million: per year per hectare;
  19. AUS$12.91 / ha / year: Annual economic value of disturbance regulation provided by the fresh and salt water wetlands of the Wet Tropics World Heritage Area in Australia,
  20. AUS$43.42 / ha: Annual economic value of habitat function provided by the fresh and salt water wetlands of the Wet Tropics World Heritage Area in Australia
Methodology: multi-model criteria analysis and delphi panel
Region: Australia / Northeastern
Data source: GecoServ

Publication information

Curtis, I. “Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes” Ecological Economics, 50(3-4), 163-194, 2004

Information provided when available, for more information please visit the original database or PDF.