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Assessing the value for money of protected areas
Journal Title: RIVISTA DI STUDI SULLA SOSTENIBILITA' 
Author/s: Francesca Visintin, Francesco Marangon, Maurizio Spoto 
Year:  2016 Issue: Language: Italian 
Pages:  21 Pg. 49-69 FullText PDF:  272 KB
DOI:  10.3280/RISS2016-001006
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The increasing unavailability of public financing leads decision-makers to cut funds for protected areas without considering the ensuing environmental, economic and social impacts. The research investigated what and how much value the Miramare Natural Marine Reserve (Italy) was able to create from public funds. The environmental accounting approach was adopted, and environmental costs and benefits taken into account. Environmental benefits assessed ecosystem services such as gas regulation, nutrient cycling, biological control, food production, nursery, raw materials, recreation and science. The model demonstrated that the value produced by the Protected Area fully covered the money spent by public authorities by a rate of 2.5.
Keywords: Marine protected area, environmental accounting, ecosystem service

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Francesca Visintin, Francesco Marangon, Maurizio Spoto, in "RIVISTA DI STUDI SULLA SOSTENIBILITA'" 1/2016, pp. 49-69, DOI:10.3280/RISS2016-001006

   

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