Valuation of disaster risk reduction ecosystem services of Australia’s coastal wetlands: review and recommendations
Prepared for the Department of Agriculture, Water and the Environment (DAWE)
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About the document
This report provides the results of a study of economic valuation of the disaster risk reduction services provided by coastal wetlands, specifically their role in protecting human property from coastal storms, floods, sea level rise and subsidence.
The study includes a literature review, expert consultation and analysis. It synthesises lessons from valuation studies of disaster risk reduction ecosystem services, including case studies of 148 coastal wetlands globally, and twenty-eight wetlands, or wetland groups, in Australia.
The study analyses the variety of valuation methods used, and identifies the data requirements. It makes recommendations on next steps, including how to prioritise wetlands for valuation.