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An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster Environmental Economist Photo: The Nature Conservancy with aerial support from LightHawk

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Page 1: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration

Elizabeth Schuster Environmental Economist Photo: The Nature Conservancy with aerial support from LightHawk

Page 2: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

HOW DO WE INCREASE SUPPORT FOR CONSERVATION?

Photo: The Nature Conservancy

Page 3: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Why now?

Photos: The Nature Conservancy,

NATURE-BASED SOLUTIONS

Page 4: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

INNOVATION AND NEW TECHNOLOGY

Innovators

Early adopters

Early majority

Late majority

Laggards

Page 5: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

• Demonstration sites

• Policy changes • Incentives • Information

ADOPTION OF NATURE BASED SOLUTIONS

Change in behavior

More investment in nature based solutions

Page 6: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

GUIDEBOOK

Photo: The Nature Conservancy

Page 7: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Define project scope

Conduct rapid stakeholder assessment

Set socioeconomic goal for the project

Select relevant metrics

Determine appropriate study design

Page 8: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

DEFINE PROJECT SCOPE

Photo: The Nature Conservancy

Page 9: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Define project scope

Conduct rapid stakeholder assessment

Set socioeconomic goal for the project

Select relevant metrics

Determine appropriate study design

Page 10: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

WHAT IS A RAPID STAKEHOLDER ASSESSMENT?

Photo: The Nature Conservancy

Page 11: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Define project scope

Conduct rapid stakeholder assessment

Set socioeconomic goal for the project

Select relevant metrics

Determine appropriate study design

Page 12: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Project goals

Ecological goals • Erosion control • Water quality • Habitat • Hydrological enhancement

Socioeconomic goals • Community resilience • Cultural values • Economic development • Recreation • Water quality

TYPES OF RESTORATION PROJECT GOALS

Page 13: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

GOALS AND PROJECT DESIGN

Photo: The Nature Conservancy

Page 14: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Define project scope

Conduct rapid stakeholder assessment

Set socioeconomic goal for the project

Select relevant metrics

Determine appropriate study design

Page 15: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

SELECTING RELEVANT METRICS

Photo: The Nature Conservancy

Page 16: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

o Change in damage costs to surrounding homes ($)

o Changes in the number of days per month that road is flooded (#)

o Change in spending by birders ($)

o Number of new visitors to the restoration site (#)

TYPES OF SOCIOECONOMIC METRICS

Page 17: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

Define project scope

Conduct rapid stakeholder assessment

Set socioeconomic goal for the project

Select relevant metrics

Determine appropriate study design

Page 18: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

DETERMINE APPROPRIATE STUDY DESIGN

Gandy’s Beach Preserve in 2006 (left) and 2010 (right), Delaware Bayshore, New Jersey. Photos: The Nature Conservancy

Page 19: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

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HAS THIS APPROACH LED TO SUCCESS FOR CONSERVATION GROUPS?

• Oyster restoration in Mobile Bay, Alabama • Coastal adaptation planning in Connecticut

Page 20: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

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REMEMBER THE REFRIGERATOR?

Page 21: TNC PPT template - Alternate Layout 1 · An interdisciplinary approach to valuing ecosystem service benefits from coastal restoration Elizabeth Schuster . Environmental Economist

NATURE-BASED SOLUTIONS

Photo: The Nature Conservancy with aerial support from LightHawk

Elizabeth Schuster Environmental Economist [email protected]