Water Ecosystem Services in Northern Australia-How Much Are They Worth and Who Should Pay for Their Provision?

Kerstin Zander, Rowena Parkes, Anna Straton, Stephen Garnett

    Research output: Contribution to journalArticleResearchpeer-review

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    Abstract

    There is ongoing pressure to develop the largely unaltered Daly River catchment in northern Australia for agriculture. However, a choice experiment among people in the region and in Australia's largest city, Sydney, shows that people are prepared to pay substantial amounts to maintain the quality of its ecosystem services. The total stated willingness-to-pay (WTP) for a Daly River conservation programme was about $300, of which people would be willing to pay over half ($161) if the programme retained waterholes for Aboriginal people in good condition. The WTP for high quality recreational fishing and biodiversity values was $120 and $91 respectively. Using the average cost of a recreational fishing license in Australia ($35) as a basis for grounding the stated preferences in empirical values, as well as the cost of park entry fees and the amount of support society provides to agriculture in Australia, the total amount that the 110,000 people in the region are likely to be willing to pay for the retention of the values in the Daly River catchment is about $6 million, while the 4.5 million people in Sydney would be willing to pay about $81 million. A significant finding in this research is that, while fishing, biodiversity and agricultural values all have equivalents in the market economy, the value for which people were willing to pay most, the cultural value, has no equivalent at all and is thus receives almost no investment. � 2013 Zander et al.
    Original languageEnglish
    Pages (from-to)1-10
    Number of pages10
    JournalPLoS One
    Volume8
    Issue number5
    DOIs
    Publication statusPublished - 2013

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    ecosystem services
    Ecosystems
    Ecosystem
    Rivers
    Biodiversity
    Catchments
    Agriculture
    Water
    willingness to pay
    water
    sport fishing
    Electric grounding
    Costs and Cost Analysis
    rivers
    Fees and Charges
    Costs
    Conservation
    Licensure
    biodiversity
    agriculture

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    title = "Water Ecosystem Services in Northern Australia-How Much Are They Worth and Who Should Pay for Their Provision?",
    abstract = "There is ongoing pressure to develop the largely unaltered Daly River catchment in northern Australia for agriculture. However, a choice experiment among people in the region and in Australia's largest city, Sydney, shows that people are prepared to pay substantial amounts to maintain the quality of its ecosystem services. The total stated willingness-to-pay (WTP) for a Daly River conservation programme was about $300, of which people would be willing to pay over half ($161) if the programme retained waterholes for Aboriginal people in good condition. The WTP for high quality recreational fishing and biodiversity values was $120 and $91 respectively. Using the average cost of a recreational fishing license in Australia ($35) as a basis for grounding the stated preferences in empirical values, as well as the cost of park entry fees and the amount of support society provides to agriculture in Australia, the total amount that the 110,000 people in the region are likely to be willing to pay for the retention of the values in the Daly River catchment is about $6 million, while the 4.5 million people in Sydney would be willing to pay about $81 million. A significant finding in this research is that, while fishing, biodiversity and agricultural values all have equivalents in the market economy, the value for which people were willing to pay most, the cultural value, has no equivalent at all and is thus receives almost no investment. � 2013 Zander et al.",
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    Water Ecosystem Services in Northern Australia-How Much Are They Worth and Who Should Pay for Their Provision? / Zander, Kerstin; Parkes, Rowena; Straton, Anna; Garnett, Stephen.

    In: PLoS One, Vol. 8, No. 5, 2013, p. 1-10.

    Research output: Contribution to journalArticleResearchpeer-review

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