Valuing climate change impacts on Sydney beaches to inform coastal management decisions

Abstract

PurposeThe purpose of this paper is to demonstrate the critical need for economic information to inform the selection of coastal management options for the beaches of the Sydney region and to outline the project currently under way to address this information gap.Design/methodology/approachThe critical need for the current case study is framed through presenting a summary of the threats posed by current climate change projections, the legislative requirements for economic valuation of natural resources, and the role which economics can play in selection of appropriate coastal management options in response to climate change impacts.FindingsThe paper presents the valuation methods that were selected for use in the Sydney Beaches Valuation Project and outlines the rationale behind their selection.Originality/valueNo current, empirical estimates of the economic value of Sydney beaches are available, which means that managers must use estimates from studies which may not reflect the unique characteristics of either the Sydney beaches or the social context. The results of the study, in terms of both unit measures of economic value and lessons learned during the survey design process, will therefore be of great value to coastal managers in the Sydney region. An external link provides details of the mixed mode survey instrument, which can be used to inform the design of other similar studies. Given the critical role of economic appraisal methods in selection of coastal management alternatives, the survey structure is potentially of great use to coastal managers in similarly threatened coastal locations elsewhere.