The maintenance costs of marine natural capital: A case study from the initial assessment of the Marine Strategy Framework Directive in France
2014
There are two ways of assessing the costs of
environmental degradation: as the costs associated with the loss of benefits resulting from the degradation of
natural capital, and as the maintenance costs required to compensate for the actual or potential degradation of
natural capital. The first of these methods is based on the
Total Economic Value(TEV) of benefits forgone because of the depletion of
ecosystem servicesdelivered by marine
biodiversity. The second method is based on the costs required to maintain a good state of marine
biodiversity, one which makes it possible to deliver
ecosystem services.
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