IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i8p6758-d1125469.html
   My bibliography  Save this article

The Blue Management: Adding Economic Value to Restoration Actions in Collapsed Ecosystems

Author

Listed:
  • Eduardo Mello

    (Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar)

  • David Smyth

    (Ulster Wildlife, McClelland House, Belfast BT3 9LE, UK)

  • Mark Chatting

    (School of Civil Engineering, University College Dublin, D04 V1W8 Dublin, Ireland)

  • Juha Mikael Alatalo

    (Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar)

  • Bruno Welter Giraldes

    (Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar)

Abstract

This study presents a strategy for environmental management that aims to enhance efforts to restore threatened ecosystems. We review the exploratory system and classify the stakeholders and driving forces behind nature exploitation. Based on successful environmental management cases, we propose practical modifications for adding economic value to restoring collapsed ecosystems, resulting in the development of blue management. Blue management isolates specific stakeholders such as nature exploiters, governmental bodies, and nature scientists. We propose the division of nature users into large footprinting companies (funders), natural resources exploiters industry (managers), and subsistence exploiters (workforce) and emphasize the importance of increasing the interaction between nature exploiters and natural scientists to accelerate the restoration of threatened natural resources. Blue Management offers stakeholders practical alternatives for improving collapsed/threatened natural assets (ecosystems) based on economic, social, and ecological theories. It provides a summarized pathway for decision-makers to restore unproductive resources, avoiding the migration of the exploratory system to new pristine resources. In summary, blue management is a practical approach that combines economic, social, and ecological theories to restore threatened ecosystems. It offers decision-makers a pathway to restore unproductive resources while avoiding the exploitation of new pristine resources. Additionally, blue management has the potential to improve the research and development of technologies and systems related to nature restoration. We believe that this approach can help achieve the goals of the UN decade of ecosystem restoration and contribute to the sustainable use of natural resources.

Suggested Citation

  • Eduardo Mello & David Smyth & Mark Chatting & Juha Mikael Alatalo & Bruno Welter Giraldes, 2023. "The Blue Management: Adding Economic Value to Restoration Actions in Collapsed Ecosystems," Sustainability, MDPI, vol. 15(8), pages 1-13, April.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:8:p:6758-:d:1125469
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/8/6758/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/8/6758/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dylan E. McNamara & Andrew Keeler, 2013. "A coupled physical and economic model of the response of coastal real estate to climate risk," Nature Climate Change, Nature, vol. 3(6), pages 559-562, June.
    2. Aichele, Rahel & Felbermayr, Gabriel, 2012. "Kyoto and the carbon footprint of nations," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 336-354.
    3. Jeff Tollefson, 2020. "Why deforestation and extinctions make pandemics more likely," Nature, Nature, vol. 584(7820), pages 175-176, August.
    4. Melstrom, Richard T. & Salau, Kehinde Rilwan & Shanafelt, David W., 2019. "The Optimal Timing of Reintroducing Captive Populations Into the Wild," Ecological Economics, Elsevier, vol. 156(C), pages 174-184.
    5. Johnson, Kenneth C., 2006. "Feebates: An effective regulatory instrument for cost-constrained environmental policy," Energy Policy, Elsevier, vol. 34(18), pages 3965-3976, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rohan Best & Paul J. Burke, 2020. "Energy mix persistence and the effect of carbon pricing," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 555-574, July.
    2. Daniel Moran & Richard Wood, 2014. "Convergence Between The Eora, Wiod, Exiobase, And Openeu'S Consumption-Based Carbon Accounts," Economic Systems Research, Taylor & Francis Journals, vol. 26(3), pages 245-261, September.
    3. Ambec, Stefan & Esposito, Federico & Pacelli, Antonia, 2024. "The economics of carbon leakage mitigation policies," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    4. Landry, Craig E. & Shonkwiler, J. Scott & Whitehead, John C., 2020. "Economic Values of Coastal Erosion Management: Joint Estimation of Use and Existence Values with recreation demand and contingent valuation data," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
    5. Teixeira, João Filipe & Silva, Cecília & Moura e Sá, Frederico, 2023. "Factors influencing modal shift to bike sharing: Evidence from a travel survey conducted during COVID-19," Journal of Transport Geography, Elsevier, vol. 111(C).
    6. Gabriela Michalek & Reimund Schwarze, 2015. "Carbon leakage: pollution, trade or politics?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(6), pages 1471-1492, December.
    7. Reyer Gerlagh, Nicole A. Mathys and Thomas O. Michielsen, 2015. "Energy Abundance, Trade and Specialization," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    8. Phillip M. Hannam & Vítor V. Vasconcelos & Simon A. Levin & Jorge M. Pacheco, 2017. "Incomplete cooperation and co-benefits: deepening climate cooperation with a proliferation of small agreements," Climatic Change, Springer, vol. 144(1), pages 65-79, September.
    9. Fernández-Amador, Octavio & Francois, Joseph F. & Oberdabernig, Doris A. & Tomberger, Patrick, 2023. "Energy footprints and the international trade network: A new dataset. Is the European Union doing it better?," Ecological Economics, Elsevier, vol. 204(PA).
    10. Octavio Fernández-Amador & Joseph F. Francois & Doris A. Oberdabernig & Patrick Tomberger, 2020. "Economic growth, sectoral structures, and environmental methane footprints," Applied Economics, Taylor & Francis Journals, vol. 52(13), pages 1460-1475, March.
    11. Wieteska-Rosiak Beata, 2020. "Real Estate Sector in the Face of Climate Change Adaptation in Major Polish Cities," Real Estate Management and Valuation, Sciendo, vol. 28(1), pages 51-63, March.
    12. Thomas Grebel, 2019. "What a difference carbon leakage correction makes!," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 939-971, July.
    13. Sato, Misato & Dechezleprêtre, Antoine, 2015. "Asymmetric industrial energy prices and international trade," Energy Economics, Elsevier, vol. 52(S1), pages 130-141.
    14. Sarah Al Doyaili & Leo Wangler, 2013. "International climate policy: does it matter? An empirical assessment," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 2(3), pages 288-302, November.
    15. Almer, Christian & Winkler, Ralph, 2017. "Analyzing the effectiveness of international environmental policies: The case of the Kyoto Protocol," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 125-151.
    16. Wan-Jiun Chen, 2017. "Is the Green Solow Model Valid for $$\hbox {CO}_{2}$$ CO 2 Emissions in the European Union?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(1), pages 23-45, May.
    17. Sun, Meng, 2019. "The effect of border controls on waste imports: Evidence from China's Green Fence campaign," China Economic Review, Elsevier, vol. 54(C), pages 457-472.
    18. Nina Czernich, 2012. "Broadband Internet and Political Participation: Evidence for G ermany," Kyklos, Wiley Blackwell, vol. 65(1), pages 31-52, February.
    19. Rahel Aichele & Gabriel Felbermayr, 2011. "Carbon Footprints," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(21), pages 11-16, November.
    20. Chad M. Baum & Christian Gross, 2017. "Sustainability policy as if people mattered: developing a framework for environmentally significant behavioral change," Journal of Bioeconomics, Springer, vol. 19(1), pages 53-95, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:8:p:6758-:d:1125469. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.