|MCES - The Economic Valuation and Governance of Marine and Coastal Ecosystem Services|
CESAM Responsible researcher -
Programme - PRODER-Sub-program; Promotion of K & D - Measure 4.1. Cooperation for Innovation. PA46223-Partnership 469
Execution dates - 2014-03-01 - 2016-02-28 (24 Months)
Funding Entity - Fundação Calouste Gulbenkian (Iniciativa Gulbenkian Oceanos)
Funding for CESAM - 237360 €
Total Funding - 468720 €
Proponent Institution - Nova School of Business and Economics
Universidade de Aveiro
The MCES research project will be guided by the following central research question:
What is the economic value of marine and coastal ecosystem services provided by the Peniche-Nazaré coast and adjacent sea?
In addition, the research project should also contribute to answer the following secondary research questions: (i) to include a MCES assessment for the whole Portuguese coast, and (ii) to launch, in collaboration with the Portuguese National Institute of Statistics - INE, a pilot study in natural capital accounting in order to incorporate the economic value of MCES into national environmental satellite accounts and/or into national tourism satellite accounts.
A- Study Site Characterization and Policy issues: Assessment of the status and trends of marine and coastal ES at the study site - Peniche-Nazaré coast and adjacent sea, assessment of current anthropogenic impacts and relevant policy issues.
Therefore, while issues A, B, and C are instrumental to answer the main research question, issues D and E concern the secondary lines of research, as stated above. A multidisciplinary approach will be developed for this case study by building research teams consisting of economists and natural scientists. Therefore, permanent interaction between the two scientific areas (economics and natural sciences) is a distinguishing characteristic of the current project, as required by the Terms of Reference of the call.