EconPapers    
Economics at your fingertips  
 

Restoring Coal Mining-Affected Areas: The Missing Ecosystem Services

Alicja Krzemień (), Juan José Álvarez Fernández, Pedro Riesgo Fernández, Gregorio Fidalgo Valverde and Silverio Garcia-Cortes
Additional contact information
Alicja Krzemień: Department of Extraction Technologies, Rockburst and Risk Assessment, Central Mining Institute, 40166 Katowice, Poland
Juan José Álvarez Fernández: School of Mining, Energy and Materials Engineering, University of Oviedo, 33004 Oviedo, Spain
Pedro Riesgo Fernández: School of Mining, Energy and Materials Engineering, University of Oviedo, 33004 Oviedo, Spain
Gregorio Fidalgo Valverde: School of Mining, Energy and Materials Engineering, University of Oviedo, 33004 Oviedo, Spain
Silverio Garcia-Cortes: Polytechnic School of Mieres, University of Oviedo, 33600 Mieres, Spain

IJERPH, 2022, vol. 19, issue 21, 1-13

Abstract: Multi-criteria decision analysis and cost-benefit analysis, either individually or in combination, have been used as the preferred tools to develop ecosystem services valuation, presenting significant discrepancies and variations between the calculated values. To counteract this problem, a new framework was developed based on a hierarchical weighting of the non-provisioning ecosystem services, using biodiversity as the reference ecosystem service since it is the easiest to apprehend. Their monetisation was made using the average price of EU carbon dioxide emission allowances during 2019 and 2020, obtaining reasonable and comparable results in line with what was expected for the study region. However, the revised EU Emissions Trading System Directive, which will apply from 2021–2030, generated a price escalation of carbon allowances, making it necessary to adjust or rethink the proposed framework. To achieve this goal, the paper proposes the introduction of new vectors or “missing ecosystem services” to counterbalance efforts to eliminate carbon dioxide emissions without necessarily removing humans from the equation: welfare and human health. As the linkages regarding ecosystem health, ecological restoration and human health are not well known, only welfare was incorporated into the framework. The results were highly satisfactory, in line with what was expected for the study region and the ones obtained before the price escalation of carbon allowances that started in 2021.

Keywords: coal mining; restoration; RECOVERY project; ecosystem services; valuation; people-centered ecologism; carbon allowances (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/1660-4601/19/21/14200/pdf (application/pdf)
https://www.mdpi.com/1660-4601/19/21/14200/ (text/html)

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:gam:jijerp:v:19:y:2022:i:21:p:14200-:d:958274

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jijerp:v:19:y:2022:i:21:p:14200-:d:958274