By: L Emerton and JY Pirot
Wetland and water resources valuation has gained momentum in recent years. However, major progress still needs to be made in the application of valuation methods and their integration into decision-making. All too often direct and indirect benefits are ignored, at the expense of productive floodplains and downstream or less powerful users. This book provides 8 case studies of where economic valuation was applied and how it influenced or should have influenced decision-making. These cases are used to propose both methods for the full integration of valuation into decision-making and what economic instruments are needed to support wetland and water resource conservation.
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