The Economic Value of Natural and Built Coastal Assets - Part 1: Natural Coastal Assets by Sally Kirkpatrick, Griffith Centre for Coastal Management

In light of climate change uncertainties and the likelihood of increased impacts to our natural and built coastal environment, the aim of this review is to highlight past and recent studies related to the valuation of coastal assets within two papers: Part 1 – natural assets and Part 2 – built assets, with the underlying consideration that these assets are under pressure not only from human population needs but also from a changing climate. This paper (Part 1) will provide a brief overview of environment economic valuation techniques and a discussion of several economic assessments covering a range of coastal ecosystems and uses: coastal and marine ecosystems, marine parks, beaches (including visitation – residential and tourism, and surfing), coral reefs, coastal lakes and the intertidal zone (wetlands , salt marshes, mangroves, estuaries and seagrass).

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