| The Seaflower Biosphere Reserve (SBR) is one of the few places in Colombia with a set of available studies on the economic value of its reef environments. This paper seeks to review the policy applications of these studies, and evaluate the use of benefit transfer (BT) methods to predict value estimates for sites in the SBR where no valuations have been performed. First, the paper provides an analysis and categorization of policy uses of existing results. A set of economic valuation studies were identified as somewhat influential in policy applications, because they provided financial sustainability tools for marine protected areas. A case study was selected from the pool of influential studies in order to assess the viability of BT. Second, the viability... |
