Economics Of Protected Areas

Economics of Protected Areas is a groundbreaking effort to help governments examine the costs and benefits of maintaining protected areas. The authors provide a methodology for assigning monetary values to nature and explain the economic techniques involved. They also show how officials have applied these principles worldwide.

With reference to India.

Protected areas (PAs) contain biodiversity and ecosystems of high conservation value. In addition, these areas provide a range of benefits, both direct and indirect, to our societies and economies, i.e. so called ecosystem services. These services include, for example, an ecosystem's ability to regulate floods and climate, purify water, secure the pollination of crops, and create opportunities for recreation, culture and tourism. This book offers a comprehensive introduction to the socio-economic benefits of PAs and PA networks and provides step-by-step practical guidance on identifying, assessing and valuing the various ecosystem services and related benefits provided by PAs. It also aims to improve the communication of PA benefits to different stakeholders and the general public. It is shown that identifying and valuing the socio-economic benefits of PAs can be beneficial for several reasons. Demonstrating socio-economic importance of a protected site can significantly increase political and stakeholder support for the site and resolve conflicts between different interest groups. This can lead to positive changes in policies and decision-making. Insights on PA benefits are also needed to identify a combination of actions and land use practices that best support the sustainable and equitable utilisation of these benefits, while retaining a site’s conservation goals. Finally, demonstrating different benefits can help to discover alternative and sustainable sources for financing the management of PAs.

Intense exploitation of our oceans and seas is degrading marine biodiversity and ecosystems at an alarming rate. This report presents good practice insights for effectively managing marine protected areas (MPAs), one of the policy instruments available for the conservation and sustainable ...

This work illustrates the potential for using valuation as a tool for diversifying the funding structure for protected areas and for providing information about stakeholders which is crucial for effective management.

Charles Perrings and Ann Kinzig address the broad problem of conservation, the principles that inform conservation choices, and the application of those principles to the management of the natural world. Conservation examines how conservation choices are made and demonstrates how decisions of one person or one community at one time or place affect people or communities at other times or places.

Parks are important economic vehicles, generating billions of dollars worldwide in tourism revenue. However, the reasons for that visitation are found in the non-material, non-economic values that parks offer to people: values that are cultural, therapeutic, scientific, spiritual, recreational, educational, and aesthetic/artistic. The Full Value of Parks is the first comprehensive analysis of these important, but intangible, values.