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This inventory summarizes the functionality of marine ecosystem services valuation tools and examples of their application.
A variety of modeling tools provide resource managers and stakeholders with the capabilities to assign, analyze, and compare the value of marine ecosystem
services (MES). Several of these valuation tools exist, each with its own unique parameters, scale, and applications.
Building upon previous work by other practitioners, including the Center for Ocean Solutions,1 SeaPlan compiled an inventory of 15 marine ecosystem services
valuation tools to highlight the range in technical capabilities and applications. This inventory includes tools that have been used for several years in many
applications, and others that have only been more recently developed. We present each tool along with hyperlinks to the host website and example study
publication, a brief description, and other supplementary information.
1
The Center for Ocean Solutions, 2011, Decision Guide: Selecting Decision Support Tools for Marine Spatial Planning, The Woods Institute for the Environment, Stanford
University, CA.
1
Tool Example Study
Tool Tool Description Study Scale Additional Study Notes
Developer Study Publication
Coastal Capital Valuation Tool was
Coastal developed for Caribbean communities to Excel Macros that, when given data on fisheries, coral
World
Capital measure valuation for tourism, reefs, mangroves, tourism & recreation, and MPAs, use
Resources Caribbean Sea Regional Waite et al. 2014
Valuation recreation, and fisheries, and the set equations to produce monetary valuations of these
Institute
Tool economic impact of Marine Protected services specific to the Caribbean region.
Areas (MPAs).
2
Tool Example Study
Tool Tool Description Study Scale Additional Study Notes
Developer Study Publication
Simple and Effective Resource for Study valued 14 (of 21) ecosystem services present in the
Valuing Ecosystem Services (SERVES) is Basin, and a benefit transfer methodology was applied
an internal tool for calculating the Long Island using over 40 primary ecological economic valuation
SERVES economic value of natural capital, Earth Economics Sound Basin, Coastal Zone Kocian et al. 2015 studies from the US East Coast. Studies made use of
intended to realign economic incentives USA multiple valuation methodologies, including market
with ecological and financial pricing, cost avoidance, replacement cost, travel cost,
sustainability. hedonic values, and contingent valuation.
Social Values for Ecosystem Services Examined statistically significant spatial clustering across
(SolVES) uses a quantitative 'value-index' Rocky Mountain two subgroups of the survey population for three value
from spatial and non-spatial information Geographic Hinchinbrook types that reflect recreation, biological diversity, and
Van Riper et al.
SolVES to calculate underlying metrics of the Science Center, Island National Local aesthetic qualities. The relationship between the relative
2012
environment and assess, map, and Colorado State Park, AUS importance of social values for ecosystem services and
quantify social values of ecosystem University spatially-defined ecological data is explored to guide
services. management decision making.
3
Tool Example Study
Tool Tool Description Study Scale Additional Study Notes
Developer Study Publication