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dc.contributor.authorBertram, Christineen_US
dc.contributor.authorRehdanz, Katrinen_US
dc.date.accessioned2012-03-09en_US
dc.date.accessioned2012-03-13T15:08:43Z-
dc.date.available2012-03-13T15:08:43Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/55867-
dc.description.abstractMarine and coastal ecosystems - and thus the benefits they create for humans - are subject to increasing pressures and competing usages. For this reason, the European Union (EU) adopted the Marine Strategy Framework Directive (MSFD), which is to guide future maritime policy in the EU and aims at achieving or maintaining a good environmental status (GES) of the European seas by 2020. To this end, the MSFD requires the development of improvement measures, which have to be assessed inter alia by examining their cost-effectiveness and by carrying out cost-benefit analysis (CBA) before their implementation. In this paper, we investigate the applicability of environmental CBA in the marine context and identify and discuss problems that may hamper the environmental effectiveness of the MSFD. For example, marine ecosystem services are much less tangible than terrestrial ecosystem services. This implies greater challenges for the quantification of societal benefits in a marine context. One finding is that the limitations of environmental valuation methods regarding their ability to capture the whole total economic value of improvement measures are a potential source of problems, as the MSFD allows countries to disregard measures with disproportionately high costs. The trans-boundary nature of the main European seas adds to the complexity of the valuation task, e.g. due to the danger that benefits that occur outside of national territories are neglected. Moreover, the current state of knowledge on the functioning of complex marine ecosystems and the links to socio-economic impacts and human well-being seems insufficient to meet the MSFD requirements.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKiel Working Papers 1760en_US
dc.subject.jelQ51en_US
dc.subject.jelQ53en_US
dc.subject.jelQ57en_US
dc.subject.jelQ58en_US
dc.subject.ddc330en_US
dc.subject.keywordcost-benefit analysisen_US
dc.subject.keywordecosystem servicesen_US
dc.subject.keywordenvironmental valuationen_US
dc.subject.keywordEU Marine Strategy Framework Directiveen_US
dc.subject.keywordEuropeen_US
dc.subject.stwMeeresverschmutzungen_US
dc.subject.stwEU-Umweltpolitiken_US
dc.subject.stwKosten-Nutzen-Analyseen_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwÖkosystemen_US
dc.subject.stwEU-Staatenen_US
dc.subject.stwWelten_US
dc.titleOn the environmental effectiveness of the EU marine strategy framework directiveen_US
dc.typeWorking Paperen_US
dc.identifier.ppn688263240en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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