Small Island Developing States (SIDS) are the least responsible for climate change, though they bear a disproportionate burden in terms of vulnerability to climate-induced disasters. The economies of many SIDS are also highly dependent on tourism, much of which occurs in potentially hazardous coastal areas and are closely linked to environmental quality. Despite the importance of catalyzing investment in coastal infrastructure to reduce vulnerability and enhance resilience, there is a paucity of research exploring the economic returns to investment to substantiate a business case for this investment. This paper addresses this research gap and develops a model for estimating the economic benefits of shoreline stabilization and illustrates the approach with an application to a US$24.2 million coastal infrastructure investment in Barbados. Results show that the investment generated significant benefits for both tourists and residents, as well as reduced beach erosion and property damage. The approach is versatile facing data constraints, provides evidence to support decisions to scale-up existing investments, and can support and inform the design of new investments.
Marine Policy – Elsevier
Published: Apr 1, 2018
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.
All for just $49/month
Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.
Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.
It’s easy to organize your research with our built-in tools.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera