Workshop Objectives

• Understand the principles of economic valuation of ecosystems
• Increase awareness of the complex array of LME economic values
• Identify suitable methods for economic valuation of ecosystems
• Applications in LME management; understanding how economic values for ecosystems inform decision making
• Use ecosystem values in LME management and decision-making
• Understand how valuation can and cannot contribute to LME goals and objectives
• Manage a valuation assessment: enabling design and implementation of valuation studies
• Establish take home messages from the workshop