Developing an ecosystem accounting database to assess the competing uses, benefits and values of different stakeholders in the Great Barrier Reef ...

• Main Authors: De Valck, Jeremy, Jarvis, Diane, Coggan, Anthea, Schirru, Ella, Pert, Petina, Graham, Victoria, Newlands, Maxine, Emmerling, Mara
• Format: Conference Object
• Language: unknown
• Published: CQUniversity 2024
• Subjects: Environmental management; Environment and resource economics; Ecosystem services incl. pollination; First Nations
• Online Access: https://dx.doi.org/10.25946/25521595; https://acquire.cqu.edu.au/articles/presentation/Developing_an_ecosystem_accounting_database_to_assess_the_competing_uses_benefits_and_values_of_different_stakeholders_in_the_Great_Barrier_Reef/25521595

The Great Barrier Reef (GBR) is a complex coastal system consisting of multiple, interconnected ecosystems such as coral reefs, seagrass meadows and mangroves. These ecosystems provide numerous ecosystem services (ES) that benefit local and more distant communities in different ways. However, the finite supply of ES and the dynamic nature of interactions between their different beneficiaries create increasing competition for using the GBR, and the potential for suboptimal and unfair resource allocation issues. The economic values derived from the GBR by Government, households and industries are reasonably well understood. But there is now an increasing need to add the specific rights and values derived from interaction with land and sea Country by First Nations peoples in any decision-making framework. To assess the different uses, users, benefits, and values associated with the GBR, we constructed a hybrid valuation framework based on the United Nations’ System of Environmental Economic Accounting, the ...