Preprint Review Version 1 Preserved in Portico This version is not peer-reviewed

Economics in Marine Spatial Planning

Version 1 : Received: 6 December 2023 / Approved: 7 December 2023 / Online: 7 December 2023 (12:02:45 CET)

A peer-reviewed article of this Preprint also exists.

Issifu, I.; Dahmouni, I.; García-Lorenzo, I.; Sumaila, U.R. Economics in Marine Spatial Planning: A Review of Issues in British Columbia and Similar Jurisdictions. Sustainability 2024, 16, 1210. Issifu, I.; Dahmouni, I.; García-Lorenzo, I.; Sumaila, U.R. Economics in Marine Spatial Planning: A Review of Issues in British Columbia and Similar Jurisdictions. Sustainability 2024, 16, 1210.

Abstract

There has been a rapid increase in the use of Marine Spatial Planning (MSP) throughout the world recently, partly due to the continued loss of marine biodiversity and habitat. The sustainability of marine resources is threatened in all regions of the world by major events such as climate change, marine pollution, overfishing, illegal, unreported and unregulated fishing both on the high seas and in country waters. Here, we present a comprehensive review and analysis of how economic information has been applied and used to inform decisions about MSP in British Columbia (BC), Canada and other similar jurisdictions. This focus for the paper was selected because important gaps remain in the literature in terms of incorporating economic questions into MSP. We first present different definitions of MSP, and then we extract useful lessons from MSP regimes with well–tested decision support tools, and use this to guide MSP implementation in BC. We finally present and discuss case studies from Australia, South Africa and Belgium. Our review suggests that applying economic information to support the design and implementation of MSPs would lead to better decisions. This in turn would foster livelihoods, attract finance, increase buy–in and advance United Nations Sustainable Development Goal 14: Life Below Water, thereby achieving Infinity Fish, i.e., ensuring that ocean benefits flow to humanity forever.

Keywords

marine spatial planning; decision support tools; economic analysis

Subject

Environmental and Earth Sciences, Environmental Science

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