气候变化领域集成服务门户(CCPortal): The opportunity cost of delaying climate action: Peatland restoration and resilience to climate change

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DOI	10.1016/j.gloenvcha.2021.102323
	The opportunity cost of delaying climate action: Peatland restoration and resilience to climate change
	Glenk K.; Faccioli M.; Martin-Ortega J.; Schulze C.; Potts J.
发表日期	2021
ISSN	9593780
卷号	70
英文摘要	Ecosystem restoration and, in particular, peatland restoration, are considered a promising greenhouse gas (GHG) mitigation strategy to move towards net zero emissions. To remain within acceptable limits for projected warming scenarios, inaction with respect to GHG mitigation in the short term implies a need for even larger removals of GHGs in the longer term, which can be conceptualized as a ‘mitigation debt’. This paper explores the economic implications of delaying GHG mitigation through ecosystem restoration using data of a large survey (N = 1377) that included a choice experiment to elicit the public's willingness to pay (WTP) for peatland restoration in Scotland, UK. The valuation specifically considers the interaction between the timing of restoration action and long-term ecosystem resilience. We find that respondents have a substantial WTP for peatland restoration. Importantly, we find considerable benefits for early restoration action (up to £191 million annually in our case study), which is linked to an increased resilience of peatlands under future climate change. This demonstrates that delaying restoration and thus accumulating a mitigation debt has an important opportunity cost that substantially decreases the related economic benefits. Attitudes towards climate change and climate change beliefs are found to explain variation in the public's WTP. Our research strengthens the economic argument for not delaying climate change mitigation through ecosystem restoration, demonstrating that the mitigation debt also translates into a welfare loss. To fully realise the potential benefits associated with immediate mitigation using peatland restoration, however, more needs to be understood about the mechanisms that facilitate large-scale implementation in practice. © 2021 The Author(s)
关键词	Choice experiment Climate change beliefs Climate change mitigation Nature-based solutions Net zero emissions Peatland restoration Willingness to pay
英文关键词	climate change; cost analysis; ecosystem resilience; greenhouse gas; habitat restoration; peatland; restoration ecology; willingness to pay; Scotland; United Kingdom
语种	英语
来源期刊	Global Environmental Change
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205506
作者单位	Department of Rural Economy, Environment and Society, SRUC, King's Buildings, West Mains Road, Edinburgh, EH9 3JG, United Kingdom; Land, Environment, Economics and Policy (LEEP) Institute, Department of Economics, University of Exeter Business School (UEBS), Xfi Building, Rennes Drive, Exeter, UK EX4 4PU, United Kingdom; Honorary affiliation: Social, Economic and Geographical Sciences, The James Hutton Institute, Craigiebuckler, Aberdeen, UK AB15 8QH, United Kingdom; Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds, LS9 2JT, United Kingdom; Working Group Governance of Ecosystem Services, Leibniz Centre for Agricultural Landscape Research, ZALF, Eberswalder Str. 84, Müncheberg, 15374, Germany; Biomathematics and Statistics Scotland (BioSS), Craigiebuckler, Aberdeen, UK AB15 8QH, United Kingdom
推荐引用方式 GB/T 7714	Glenk K.,Faccioli M.,Martin-Ortega J.,et al. The opportunity cost of delaying climate action: Peatland restoration and resilience to climate change[J],2021,70.
APA	Glenk K.,Faccioli M.,Martin-Ortega J.,Schulze C.,&Potts J..(2021).The opportunity cost of delaying climate action: Peatland restoration and resilience to climate change.Global Environmental Change,70.
MLA	Glenk K.,et al."The opportunity cost of delaying climate action: Peatland restoration and resilience to climate change".Global Environmental Change 70(2021).