Q 45 - How to assess economic impacts of conservation measures?#

Broader “Question”
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General answer#

Assessing the economic impacts of conservation measures requires a systematic approach that encompasses both direct and indirect effects on local economies and broader financial systems. Key methods include conducting a Cost-Benefit Analysis (CBA) to quantify costs and benefits, Valuation of Ecosystem Services to assign economic values, and Input-Output Analysis to understand the ripple effects on local economies. Furthermore, Social Impact Assessments evaluate the effects on local communities, while comparative studies and longitudinal studies help track economic indicators over time. Engaging stakeholders through surveys enriches the data collection process, and integrating findings into an adaptive management framework allows for ongoing adjustments based on economic feedback. Together, these approaches provide a comprehensive understanding of the financial impacts, facilitating informed decision-making regarding conservation initiatives.

Answers#

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Operational approaches

ESE3 - Trade-offs method for protections and restoration in MSP#

Practices: Scoping Data collection and presentation Analysis and diagnosis Prioritisation and designation Implementation and management Monitoring and evaluation
Spatial scales: Transboundary / sea basin National Regional / local
Protection regimes: Strict protection Non-strict protection
Marine zones: Coastal zone Deep sea Offshore zone

Operational approaches: (Method) Trade-off for MPA Design - Conservation and economic development (Method) Trade-off for MPA Design - Specific stakeholder interests (Method) Participatory mapping

Implementation details

The use of Annexe 02 - Portfolio of Arguments can support discussion to ensure economic interests and maintain MPAs objectives, can provide some examples of compensatory methods. Mainly through stakeholder engagement and Participatory Mapping to collect data for socio-economic impact analysis. Use of Annexe 5 - Table Participatory Mapping Tool. From Deliverable 4.3 “Trade-offs method for protection and restoration in MSP”

Notes

More information at: Gutierrez D., Calado H., De Bruyn A., et al., (2024). Trade-offs method for protection and restoration in MSP – ESE3 (Deliverable – D4.3., under the WP4 of MSP4BIO project (GA n° 101060707)).