What’s New section: Value of Caravan Parks revealed A new project provides new social and economic information and guidance to support climate adaptation decision making, and estimates for the first time the significant non-market economic values associated with recreation and protection of caravan parks on Victorian coastal Crown land and beaches. Download the project reports and read more….. Web page: Value and Equity Adaptation Framework for Climate Adaptation: Coastal Caravan and Camping Parks case study The Western Coastal Board and regional partners have released a ground-breaking research project which provides important new social and economic information and guidance to support climate adaptation decision making. Download the media release here. Holidaymakers enjoying the Surfside Caravan Park at Warrnambool (Photo courtesy Warrnambool City Council). The Value and Equity Adaptation Framework for Climate Adaptation: Coastal Caravan and Camping Parks case study investigated the social and economic values associated with coastal caravan and camping parks (CCPs) and developed a decision support framework to assist people bring that new information into existing decision making for climate adaptation. Good risk management is expected to underpin effective adaptation, and was a key driver for the project. This will require a sound understanding of the likelihood and consequences of both the impacts of climate hazards and the responses we develop to deal with those hazards. It is essential that the value of our coastal caravan parks and beaches is properly understood, because our understanding of their value will drive our understanding of consequence and therefore the outcome of the risk assessments. The project consisted of three main parts: A literature review (make this an anchor to the Lit Review section below) to set the scene and inform the project’s research and decision framework Economic value and equity research (make this an anchor to the Research section below) to establish economic market values and non-market values and social equity preferences associated with five CCPs in Victoria An Economic Value and Equity Decision Support Framework (make this an anchor to the Framework section below) to improve climate change adaptation planning by articulating why social and economic information is essential for effective adaptation for CCPs on Crown land and how to include it in decision making. The project is outlined in a short 8-page Fact Sheet which we recommend reading first. Literature review – Report #1 The Literature Review investigated four key areas: 1. Valuation and its legitimacy; 2. Triple bottom line (TBL) assessment and decision making (i.e. incorporation of social equity and non-market economic information into decision making); 3. Caravan and camping park (CCP) management and adaptation to climate change impacts; 4. Decision pathways and decision support systems; It found that there are important gaps in information for adaptation and provides an excellent resource on these issues. Download the Literature Review (1mb) Economic Value and Equity Research – Report #2 This Research Report presents for the first time information about the economic and social value of caravan and camping parks (CCPs) on coastal Crown land to campers and residents which should be considered in decision making for climate change adaptation. This research: Estimates for the first time the significant non-market economic values associated with recreation and protection of CCPs on Victorian coastal Crown land and beaches. Demonstrates how non-market valuation techniques can be used to provide more precise information about the preferences and values that different groups in society hold for natural and built coastal assets. Takes a leap forward, by assessing the equity preferences of both campers and residents as members of broader society. Together, the explicit balancing of equity and economic efficiency provides an important mechanism to make adaptation decisions. Five caravan parks on Victoria’s west coast were studied including: Portarlington Holiday Park. Barwon Heads Caravan Park. Apollo Bay Recreation Reserve. Surfside Holiday Park, Warrnambool. Gardens Caravan Park, Port Fairy. Download the Economic Value and Equity Research Report (4.6mb) Economic Value and Equity Decision Support Framework – Report # The Decision Support Framework aims to support the organisations responsible for the planning and management of CCPs make effective adaptation decisions. The focus of the Framework is to establish how economic (market and non-market) values and social equity preferences for CCPs can be obtained, interpreted and applied in climate change adaptation decision-making for coastal CCPs on Crown land. This Framework does not promote or generate new policy or tools. Instead it encourages the application of a “social and economic lens” to existing decision-making and complements existing legislative and policy requirements, business processes and climate change adaptation planning. It details relevant social and economic concepts, outlines methodologies for generating information, and highlights where and how to apply information to obtain outcomes based on value and equity. Download the Economic Value and Equity Decision Support Framework (3.5mb) Our partners The Board is very appreciative of the support provided throughout the project by organisations and individuals. The project is one of thirteen projects co-funded through the Australian Government’s Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education and the Coastal Adaptation Decision Pathways Projects program. It was developed through contributions from the following organisations: Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education Deakin University Bellarine Bayside Foreshore Committee Barwon Coast Committee of Management Otway Coast Committee Warrnambool City Council Coastal Camping Victoria Geelong Otway Tourism Western Coastal Board The consultant team included: Alliance Strategic Research AquaEquis Consulting R and Z Consulting Elements Strategic and Risk Management
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