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Valuing marine and coastal ecosystem service benefits: Case study of St Vincent and the Grenadines’ proposed marine protected areas

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  • Christie, Michael
  • Remoundou, Kyriaki
  • Siwicka, Ewa
  • Wainwright, Warwick

Abstract

This paper reports the results of a choice experiment (CE) that values the ecosystem service benefits from extending the current network of marine protected areas (MPAs) in St Vincent and the Grenadines (SVG), Caribbean. We considered two future options: an ‘improved’ scenario in which marine protection is increased, and a ‘decline’ scenario in which current protection mechanisms are removed. The CE was administered at two sites (the degraded St Vincent South Coast and the pristine Tobago Cays) and to tourists and local residents. Results suggest that both groups value health protection, fishing, coastal protection, ecosystem resilience, and diving/snorkelling. Values are higher for the ‘decline’ scenario compared to the ‘improved’ scenario. Also, tourists had significantly higher WTP values than locals. Our analysis also enabled an evaluation of the benefits derived from alternative policy interventions that may be used to protect and enhance SVG’s marine parks. Stopping pollution from agriculture run-off and sewage was found to generate the highest ecosystem service benefits, with restricting over-fishing and bad fishing practices also being important. We demonstrate how economic valuation of marine ecosystem service might be used to design and target marine conservation policies that maximise welfare benefits.

Suggested Citation

  • Christie, Michael & Remoundou, Kyriaki & Siwicka, Ewa & Wainwright, Warwick, 2015. "Valuing marine and coastal ecosystem service benefits: Case study of St Vincent and the Grenadines’ proposed marine protected areas," Ecosystem Services, Elsevier, vol. 11(C), pages 115-127.
    • Handle: RePEc:eee:ecoser:v:11:y:2015:i:c:p:115-127
    DOI: 10.1016/j.ecoser.2014.10.002
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    11. Pascoe, Sean & Doshi, Amar & Kovac, Mladen & Austin, Angelica, 2019. "Estimating coastal and marine habitat values by combining multi-criteria methods with choice experiments," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    12. Wakita, Kazumi & Kurokura, Hisashi & Oishi, Taro & Shen, Zhonghua & Furuya, Ken, 2019. "Exploring the effect of psychometric variables on willingness to pay for marine ecosystem services: A survey in Japan," Ecosystem Services, Elsevier, vol. 35(C), pages 130-138.
    13. Castillo-Eguskitza, Nekane & Hoyos, David & Onaindia, Miren & Czajkowski, Mikolaj, 2019. "Unraveling local preferences and willingness to pay for different management scenarios: A choice experiment to biosphere reserve management," Land Use Policy, Elsevier, vol. 88(C).
    14. Franzese, Pier Paolo & Buonocore, Elvira & Donnarumma, Luigia & Russo, Giovanni F., 2017. "Natural capital accounting in marine protected areas: The case of the Islands of Ventotene and S. Stefano (Central Italy)," Ecological Modelling, Elsevier, vol. 360(C), pages 290-299.
    15. Nguyen, Manh-Hung & Nguyen, Thi Lan Anh & Nguyen, Tuan & Reynaud, Arnaud & Simioni, Michel & Hoang, Viet-Ngu, 2021. "Economic analysis of choices among differing measures to manage coastal erosion in Hoi An (a UNESCO World Heritage Site)," Economic Analysis and Policy, Elsevier, vol. 70(C), pages 529-543.
    16. Weber, Matthew A. & Meixner, Thomas & Stromberg, Juliet C., 2016. "Valuing instream-related services of wastewater," Ecosystem Services, Elsevier, vol. 21(PA), pages 59-71.
    17. Buonocore, Elvira & Donnarumma, Luigia & Appolloni, Luca & Miccio, Antonino & Russo, Giovanni F. & Franzese, Pier Paolo, 2020. "Marine natural capital and ecosystem services: An environmental accounting model," Ecological Modelling, Elsevier, vol. 424(C).

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