, Volume 160, Issue 8, pp 1773-1787,
Open Access This content is freely available online to anyone, anywhere at any time.
Date: 21 Aug 2012

Towards improved socio-economic assessments of ocean acidification’s impacts

Abstract

Ocean acidification is increasingly recognized as a component of global change that could have a wide range of impacts on marine organisms, the ecosystems they live in, and the goods and services they provide humankind. Assessment of these potential socio-economic impacts requires integrated efforts between biologists, chemists, oceanographers, economists and social scientists. But because ocean acidification is a new research area, significant knowledge gaps are preventing economists from estimating its welfare impacts. For instance, economic data on the impact of ocean acidification on significant markets such as fisheries, aquaculture and tourism are very limited (if not non-existent), and non-market valuation studies on this topic are not yet available. Our paper summarizes the current understanding of future OA impacts and sets out what further information is required for economists to assess socio-economic impacts of ocean acidification. Our aim is to provide clear directions for multidisciplinary collaborative research.

Disclaimer: This paper should not be reported as representing the views of the authors’ institutions. The views expressed in this paper are those of the authors and do not necessarily represent those of the institutions.
Communicated by H.-O. Pörtner.