Economic evaluation of the management of bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T.Norl.) to conserve native plant communities in New South Wales

Jack Sinden, P.O. Downey, Susan M. Hester, Oscar Cacho

Research output: Contribution to journalArticle

9 Citations (Scopus)

Abstract

The bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T.Norl.) Threat Abatement Plan (TAP) aims to reduce the impacts of bitou bush on biodiversity in New South Wales. This is the first weed TAP in Australia and so its effectiveness in conserving threatened biodiversity, as well as its cost of implementation, must be examined to determine if this new approach should be adopted as a template for managing the biodiversity impacts of other major weed species. We therefore consider the question 'is the TAP a good investment in relation to protecting biodiversity'? We combine the costs of implementing the TAP with conservative, published estimates of the benefits of protecting biodiversity, to calculate the benefit-cost ratios of the investment. The ratios indicate that the benefits of the TAP exceed the costs under a wide range of economic conditions. While this result supports the approach, the cost of implementation should be analysed over the five years relative to the biodiversity outcomes in order to determine the ex post benefit of the TAP.
Original languageUndefined
Pages (from-to)34-37
Number of pages4
JournalPlant Protection Quarterly
Volume23
Issue number1
Publication statusPublished - 2008
Externally publishedYes

Cite this

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title = "Economic evaluation of the management of bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T.Norl.) to conserve native plant communities in New South Wales",
abstract = "The bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T.Norl.) Threat Abatement Plan (TAP) aims to reduce the impacts of bitou bush on biodiversity in New South Wales. This is the first weed TAP in Australia and so its effectiveness in conserving threatened biodiversity, as well as its cost of implementation, must be examined to determine if this new approach should be adopted as a template for managing the biodiversity impacts of other major weed species. We therefore consider the question 'is the TAP a good investment in relation to protecting biodiversity'? We combine the costs of implementing the TAP with conservative, published estimates of the benefits of protecting biodiversity, to calculate the benefit-cost ratios of the investment. The ratios indicate that the benefits of the TAP exceed the costs under a wide range of economic conditions. While this result supports the approach, the cost of implementation should be analysed over the five years relative to the biodiversity outcomes in order to determine the ex post benefit of the TAP.",
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Economic evaluation of the management of bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T.Norl.) to conserve native plant communities in New South Wales. / Sinden, Jack; Downey, P.O.; Hester, Susan M.; Cacho, Oscar.

In: Plant Protection Quarterly, Vol. 23, No. 1, 2008, p. 34-37.

Research output: Contribution to journalArticle

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