Assessing the Economic Value of Protecting the Great Lakes: A Cost-benefit Analysis of Habitat Protection and Restoration

Authored by Marbek. Published in 2010.

This study provides information on the magnitude of the economic benefits from the habitats of the Great Lakes basin ecosystem. A total economic valuation (TEV) framework is used to undertake a cost-benefit analysis of two intervention strategies – wetland protection and restoration – aimed at protecting and restoring habitats. The costs and benefits of these habitats and the intervention strategies are estimated for Credit River – 16 Mile Creek, the Toronto Area and Prince Edward Bay.

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