The maintenance costs of marine natural capital: A case study from the initial assessment of the Marine Strategy Framework Directive in France

Harold Levrel, Céline Jacob, Denis Bailly, Mahe Charles, Olivier Guyader, Schéhérazade Aoubid, Adeline Bas, Alexia Cujus, Marjolaine Frésard, Sophie Girard, Julien Hay, Yann Laurans, Jérôme Paillet, José A. Pérez Agúndez and Rémi Mongruel

Marine Policy, 2014, vol. 49, issue C, 37-47

Abstract: There are two ways of assessing the costs of environmental degradation: as the costs associated with the loss of benefits resulting from the degradation of natural capital, and as the maintenance costs required to compensate for the actual or potential degradation of natural capital. The first of these methods is based on the Total Economic Value (TEV) of benefits forgone because of the depletion of ecosystem services delivered by marine biodiversity. The second method is based on the costs required to maintain a good state of marine biodiversity, one which makes it possible to deliver ecosystem services.

Keywords: Maintenance cost; Marine ecosystems; Marine Strategy Framework Directive; Economic analysis (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0308597X14001079
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:49:y:2014:i:c:p:37-47

DOI: 10.1016/j.marpol.2014.03.028

Access Statistics for this article

Marine Policy is currently edited by Eddie Brown

More articles in Marine Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().