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Evaluating the Benefits from Restored Ecosystems: A Back to the Future Approach Public Deposited

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Abstract
  • We argue in this paper that the present fishery policy goal of sustaining current levels of ecosystem resources will foreclose future options for the generation of food, wealth and services from ocean resources. Hence, only a policy of rebuilding of ecosystems can reverse this trend. A novel methodology, termed Back To The Future, defines ecosystem policy goals with which to guide this rebuilding process. In the Back to the Future method, models of past ecosystems are reconstructed using information about the presence and abundance of species derived from historical documents, archaeology, local and traditional environmental knowledge (LEK and TEK). The reconstructed ecosystems are then subjected to economic evaluations to determine the potential market and non-market (that is, social and ecological) values that can be derived from each of them. A comparison of the different values under the different alternative ecosystems is carried out to assess the trade-offs involved in implementing different rebuilding scenarios. A novelty of the proposed approach is that, for almost the first time, the Back to the Future methodology provides the TEK of aboriginal and indigenous peoples with a valuable, direct role in resource management and science.
  • Keywords: Ecological, economic, social, benefits, rebuild, ecosystems, discounting
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  • Sumaila, , Pilcher, Tony, Haggan, Nigel, and Jones, Russ. Evaluating the Benefits from Restored Ecosystems: A Back to the Future Approach. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA. Compiled by Richard S. Johnston and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
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  • Corvallis, Oregon, USA
Proceedings Editors
  • Johnston, Richard S.
  • Shriver, Ann L.
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  • International Institute of Fisheries Economics and Trade; U.S. National Marine Fisheries Service; MG Kailis Group
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