Ecosystem services in German infrastructure planning : a case study of the projected Lower Weser deepening / Nils Droste; Jasper N. Meya. Helmholtz-Zentrum für Umweltforschung - UFZ, Department of Economics
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Ecosystem services in German infrastructure planning
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826266762
URN
urn:nbn:de:gbv:3:2-79362
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Publication history
Leipzig : Helmholtz-Zentrum für Umweltforschung - UFZ, 2015
Content
Online-Ressource (PDF-Datei: [23] S., 0,3 MB) : graph. Darst.
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Language
eng
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Abstract
We study the incorporation of ecosystem services in German water infrastructure planning exemplified by a projected deepening of the Lower Weser river channel. Therefore, we recalculate the project's benefit-cost ratio by integrating the monetary value of changes in different ecosystem services: i) the restoration costs of a planned mitigation measure for a loss in fresh water supply for agricultural production in the estuary, ii) costs of loss in habitat services by transferring the willingness to pay between a contingent valuation study to the area assessed in the environmental impact assessment, and iii) the benefits of emission savings induced by more efficient shipping taking a marginal abatement cost approach. We find that the inclusion of monetary values for ecosystem service changes leads to a substantial drop in the benefit-cost ratio and consequently argue for a reform of the standard to facilitate more complete welfare assessments.
Series
UFZ-Diskussionspapiere ; 2015,8 ppn:635135833