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Integrated valuation of ecosystem services obtained from restoring water to the environment in a major regulated river basin

Citation

Bark, RH and Coloff, MJ and Hatton MacDonald, D and Pollino, CA and Jackson, S and Crossman, ND, Integrated valuation of ecosystem services obtained from restoring water to the environment in a major regulated river basin, Ecosystem Services, 22 pp. 381-391. ISSN 2212-0416 (2017) [Refereed Article]

Copyright Statement

Copyright 2016 Elsevier B.V.

DOI: doi:10.1016/j.ecoser.2016.08.002

Abstract

Evaluating different environmental policy options requires extensive modelling of biophysical processes and attributes linked with metrics to measure the magnitude and distribution of societal impacts. An integrated ecosystem services assessment (IESA) has potential to provide salient, credible and legitimate information for environmental policy- and decision-makers. Here we present results of an IESA of the Murray-Darling Basin Plan, an Australian Government initiative to restore aspects of river flow regimes to improve the ecological condition of floodplains, rivers and wetlands in south-eastern Australia. The main outcome from the IESA is that the supply of most ecosystem services (ES) improves under Basin Plan policy and that these improvements have considerable monetary value. An IESA can provide actionable ecological, economic and social information for policy- and decision-makers. In the Basin Plan case the IESA was underpinned by hydrological scenarios that were input into ecological models and interdisciplinary integration across scales, values and variables.

Item Details

Item Type:Refereed Article
Keywords:Ecosystems restoration, Environmental water, cultural values, Policy assessment, Ecosystems restoration, Economic valuation
Research Division:Economics
Research Group:Applied Economics
Research Field:Environment and Resource Economics
Objective Division:Environment
Objective Group:Environmental Policy, Legislation and Standards
Objective Field:Rural Water Policy
Author:Hatton MacDonald, D (Associate Professor Darla Hatton MacDonald)
ID Code:115479
Year Published:2017 (online first 2016)
Web of Science® Times Cited:1
Deposited By:Tasmanian School of Business and Economics
Deposited On:2017-03-28
Last Modified:2017-11-22
Downloads:1 View Download Statistics

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