December 8-11, 2008 z Naples, Florida, USA Factors Influencing Economic Value of Ecosystem Services: A Comparison between Mediterranean Wetlands and Forests Elisa Oteros-Rozas, Berta Martín-López, José A. González and Carlos Montes Department of Ecology, Universidad Autónoma de Madrid, Spain Mediterranean ecosystems provide a wide range of services that have been largely studied and economically valuated. Wetlands and forests, in particular, have received special attention in the ecosystem services economic valuation framework since the early ‘80s. The need to include economic criteria in the conservation policy decision-making process is behind the spread of economic valuation studies. However the accuracy and suitability of assigning economic values to ecosystem services is being widely debated. The purpose of this study is to identify and compare methodological and ecological factors influencing the economic value of ecosystem services in two of the most commonly valuated ecosystem types of the Mediterranean basin: wetlands and forests. More than 120 economic valuation studies, not only from well-known databases but also from grey literature, have been quantitatively analyzed using a meta-analysis approach. First, we described the distribution of studies by ecosystem type, ecosystem services valuated, geographic area, publication type, language, main purpose, and time, providing a comprehensive overview of ecosystem services valuation in the Mediterranean basin. Second, the relationships between some methodological variables and the resulting economic values were analyzed. Finally, we characterized the differences in the economic value attributed to ecosystem services provided by Mediterranean wetlands and forests. Our results reveal some gaps in the existing body of valuation studies and suggest future research directions. A wide range of economic values was found among the reviewed literature. Several factors influenced valuation, particularly the geographic location of the study, the ecosystem services valuated and the methodology used. Differences in methodologies used and resulting economic values were also found between wetlands and forests. We conclude that several methodological, ecological and socioeconomic factors highly influence the economic values assigned to Mediterranean wetlands and forests. Finally, suggestions are made for caution in using the results of economic valuation studies for benefit transfer and different conservation policies such as payments for ecosystem services. Contact Information: Elisa Oteros-Rozas, Socio-ecological Systems Laboratory, Departament of Ecology, Universidad Autónoma de Madrid, Edificio de Biología - Facultad de Ciencias, C/ Darwin, nº 2, 28049 Cantoblanco (Madrid), Spain, Phone: +34 91 497 8008, Fax: +34 91 497 8001, Email: [email protected] 121
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