On the use and development of ecosystem services valuation method: a review and synthesis of published literature.
This report is based on a review of representative published reports spanning the last 17–years that attempt to address problems relating to the appropriate use of ecosystem services valuation (ESV) method. This literature review has been written with the aim of developing a framework to guide current practice. An urgent need exists for analysis and synthesis of this kind, if only because the creation of ESV estimates is “fraught with difficulties” and to ignore or superficially treat these issues impacts on the credibility of an imperfect, but urgently needed research tool. While carefully limited to a focus of attention on cardinal utility, the scope of this review report shows how complex ESV has become. Also traced out on the pages of this report are accounts of often conflicting experimental research results, a narrative that shows how difficult it has been to build concrete theory and inform best practice in this research area. It is likely that many of the issues outlined in this review report will be addressed as a part of future research. It is within this rapidly changing knowledge development context that this review report is written as a somewhat transitory statement of current theory and method.
References and download link
Cole, A. O. me ōna tūpuna (2018) On the use and development of ecosystem services valuation method: a review and synthesis of published literature. Kōrero Māori report 3, (pp. 82). Tauranga, New Zealand: iPansophy Limited Digital Publishing. [Download]