I am working on a cost-benefit project that aims to identify costs and benefits of FAD(fish aggregating device) beaching vs management actions to prevent/retrieve beached FADs. Any ideas how I could assign monetary value for habitat loss? Thanks!
Good project
please see the paper
Costanza R, d’Arge R, de Groot R, Farber S, Graso M, Hannon B, Limburg K, Naeem S, O’Neill R, Paruelo J, Raskin R, Sutton P, van den Belt M (1997), The value of the world’s ecosystem services and natural capital, Nature, 387, 253-2690.
You can refer to studies of cost benefit analysis and eco economics but if you understand the nature of money itself this makes it a futile excessive. Please see
-https://www.amazon.co.uk/Signs-Earth-Modernity-Climate-Crisis/dp/1847740758/ref=sr_1_1?ie=UTF8&qid=1542622068&sr=8-1&keywords=signs+on+the+earth.
Good luck in your work.
Fazlun Khalid
I am not sure this answers your question but does highlight the issues
"Ten years of economic analyses for the European Marine Strategy Framework Directive: Overview of experiences and lessons learned" May 2018
By Rob van der Veeren, Ann Kathrin Buchs, Günter Hörmandinger, Soile Oinonen, Conceição Santos
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