Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada
This paper applies a social return on investment (SROI) analysis to the issue of flood control and wetland conservation in the Smith Creek basin of southeastern Saskatchewan, Canada. Basin hydrological modeling applied to wetland loss and restoration scenarios in the study area provides local estima...
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ftrepec:oai:RePEc:eee:ecolec:v:147:y:2018:i:c:p:36-47 2024-04-14T08:10:04+00:00 Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada Pattison-Williams, John K. Pomeroy, John W. Badiou, Pascal Gabor, Shane http://www.sciencedirect.com/science/article/pii/S0921800917309084 unknown http://www.sciencedirect.com/science/article/pii/S0921800917309084 article ftrepec 2024-03-19T10:30:54Z This paper applies a social return on investment (SROI) analysis to the issue of flood control and wetland conservation in the Smith Creek basin of southeastern Saskatchewan, Canada. Basin hydrological modeling applied to wetland loss and restoration scenarios in the study area provides local estimates of the ecosystem service (ES) provision related to flood control and nutrient removal. Locally appropriate monetary values are applied to these services to gauge the cost effectiveness of wetland conservation funding at two levels: flood control capacity alone and then incorporating a suite of ES. SROI ratios for flood control alone provide ratios between 3.17 (retention) and 0.80 (full restoration) over 30years; when other ES are included, the ratios increase, ranging from 7.70 (retention) to 2.98 (full restoration) over 30years. Retention of existing wetlands provides the highest SROI and therefore we argue that government policy should focus on preventing further loss of wetlands as a strategic investment opportunity. Overall, these results indicate that wetland retention is an economically viable solution to limit the financial, social and environmental damages of flooding in Saskatchewan specifically and the Prairie Pothole Region (PPR) generally. Wetland conservation; Flood reduction; Ecosystem Services; Basin modeling; Social return on investment; Article in Journal/Newspaper canada basin RePEc (Research Papers in Economics) Canada |
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RePEc (Research Papers in Economics) |
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This paper applies a social return on investment (SROI) analysis to the issue of flood control and wetland conservation in the Smith Creek basin of southeastern Saskatchewan, Canada. Basin hydrological modeling applied to wetland loss and restoration scenarios in the study area provides local estimates of the ecosystem service (ES) provision related to flood control and nutrient removal. Locally appropriate monetary values are applied to these services to gauge the cost effectiveness of wetland conservation funding at two levels: flood control capacity alone and then incorporating a suite of ES. SROI ratios for flood control alone provide ratios between 3.17 (retention) and 0.80 (full restoration) over 30years; when other ES are included, the ratios increase, ranging from 7.70 (retention) to 2.98 (full restoration) over 30years. Retention of existing wetlands provides the highest SROI and therefore we argue that government policy should focus on preventing further loss of wetlands as a strategic investment opportunity. Overall, these results indicate that wetland retention is an economically viable solution to limit the financial, social and environmental damages of flooding in Saskatchewan specifically and the Prairie Pothole Region (PPR) generally. Wetland conservation; Flood reduction; Ecosystem Services; Basin modeling; Social return on investment; |
format |
Article in Journal/Newspaper |
author |
Pattison-Williams, John K. Pomeroy, John W. Badiou, Pascal Gabor, Shane |
spellingShingle |
Pattison-Williams, John K. Pomeroy, John W. Badiou, Pascal Gabor, Shane Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
author_facet |
Pattison-Williams, John K. Pomeroy, John W. Badiou, Pascal Gabor, Shane |
author_sort |
Pattison-Williams, John K. |
title |
Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
title_short |
Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
title_full |
Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
title_fullStr |
Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
title_full_unstemmed |
Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada |
title_sort |
wetlands, flood control and ecosystem services in the smith creek drainage basin: a case study in saskatchewan, canada |
url |
http://www.sciencedirect.com/science/article/pii/S0921800917309084 |
geographic |
Canada |
geographic_facet |
Canada |
genre |
canada basin |
genre_facet |
canada basin |
op_relation |
http://www.sciencedirect.com/science/article/pii/S0921800917309084 |
_version_ |
1796307553978679296 |