Marine and coastal ecosystem services: Valuation methods and their practical application

Rob Tinch and Laurence Mathieu of Environmental Futures Ltd. (2011)

This report provides an overview of the main methods of economic valuation, their strengths and weaknesses, and practical applications. Theoretical concepts are illustrated with a number of practical examples throughout this report, to demonstrate how these approaches can be of practical use across all scales, in policy development, decision making and communication. Practical guidance on how to implement a valuation exercise, and how to overcome common challenges, is also provided.