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| dc.title | Innovation in Economic Analysis and Evaluation Approaches for Coastal Protection and Restoration Investments in the Caribbean |
| dc.contributor.author | Maldonado, Jorge Higinio |
| dc.contributor.author | Moreno Sánchez, Rocío del Pilar |
| dc.contributor.author | Vargas Morales, Myriam Elizabeth |
| dc.contributor.author | Henao Henao, Juan Pablo |
| dc.contributor.author | González Tarazona, Yurani |
| dc.contributor.author | Guerrero Compeán, Roberto |
| dc.contributor.author | Schling, Maja |
| dc.contributor.orgunit | Environment, Rural Development and Risk Management Division |
| dc.coverage | The Caribbean |
| dc.date.available | 2020-02-05T00:00:00 |
| dc.date.issue | 2020-02-05T00:00:00 |
| dc.description.abstract | Coastal zones are among the most economically productive areas of the world. However, they are also among the most vulnerable regions to disasters triggered by natural hazards. Recent recognition of the role of healthy coastal and marine ecosystems for reducing vulnerability in coastal communities has led to the design of coastal management strategies that incorporate direct investments in these ecosystems. However, there is a lack of knowledge and understanding of the economic benefits of coastal and marine ecosystems for society, which has led to the degradation of these ecosystems and hindered the prospects of sustainable investments in coastal resilience projects, including green infrastructure. In this paper, we analyze the economic importance and ongoing threats of the main marine and coastal ecosystems of the Wider Caribbean region, and identify the underlying economic causes of their deterioration. The need to improve coastal resilience in the Wider Caribbean has led to innovative approaches for the protection of coastal zones and their population from erosion and flood risk, prioritizing the role of marine and coastal ecosystems for coastal protection and vulnerability reduction in coastal communities. Based on this review, we develop an analytical framework for economic analyses and impact evaluations of coastal restoration and protection programs, with the objective of allowing practitioners to properly identify the cost-effectiveness of nature-based solutions for coastal resilience. |
| dc.format.extent | 83 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0002184 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Innovation_in_Economic_Analysis_and_Evaluation_Approaches_for_Coastal_Protection_and_Restoration_Investments_in_the_Caribbean_en.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Impact Evaluation |
| dc.subject | Economic Analysis |
| dc.subject | Coastal Infrastructure |
| dc.subject | Ecosystem Service |
| dc.subject | Coastal Area |
| dc.subject | Coastal Hazard |
| dc.subject.jelcode | Q54 - Climate • Natural Disasters and Their Management • Global Warming |
| dc.subject.jelcode | Q51 - Valuation of Environmental Effects |
| dc.subject.jelcode | Q57 - Ecological Economics: Ecosystem Services • Biodiversity Conservation • Bioeconomics • Industrial Ecology |
| dc.subject.keywords | Economic analysis; economic valuation; impact evaluation; coastal ecosystems; integrated coastal zone management; Wider Caribbean |
| dc.type | Technical Notes |
| idb.identifier.pubnumber | IDB-TN-01861 |
| idb.operation | RG-T3081 |