GTAP Resources: Resource Display
GTAP Resource #7494 |
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"A consistent methodology to incorporate mangrove ecosystem services into World Bank country-specific macroeconomic models" by Arin, Tijen, Ally Finkbeiner, Ragchaasuren Galindev, Remzi Baris Tercioglu, Ernest Frimpong Asamoah and Mike Beck Abstract We develop methods to incorporate key mangrove ecosystem services, namely carbon storage/sequestration and protection of coastal assets against coastal flooding, into MANAGE-WB and MFMod. The methods draw on global datasets including the World Bank’s Changing Wealth of Nations dataset, and as such, offer consistent treatment across countries. We argue that the new method to estimate changes in damages to coastal assets address some shortcomings of the existing ecosystem services modelling approach that has been applied to global CGE models. Regarding carbon, we carefully distinguish the method for accounting for the loss of stored carbon under the mangrove losses in a business-as-usual (BAU) scenario versus carbon sequestration under a restoration scenario. We discuss the different impact channels used to incorporate the annual ecosystem service amounts/values into each model. We also account for the direct and opportunity costs of mangrove management. Nature-aware macro models help estimate the economywide impacts of such interventions. Pilot country applications find that policies that halt mangrove loss in BAU and restore some of lost mangrove extent can achieve significant carbon emission reductions that can count towards a country’s net zero targets. Similarly, expected damages to humanmade coastal assets are larger when the loss trend is halted, and some restoration is implemented. |
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- Climate change policy - Ecosystem services and biodiversity - Land use - Domestic policy analysis - Model extension/development - Model integration and coupling - Multi-scale and geospatial modeling - Partial and general equilibrium models - Not Applicable - Asia (South-Central) |
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Last Modified: 9/15/2023 2:05:45 PM