Estimating economic values for beach and foreshore assets and preservation against future climate change impacts in Victoria, Australia

Determining social values for protecting coastal assets, including parks, beaches and foreshores, is important because of potential losses with climate change impacts. In a case study application in Victoria, Australia, the travel cost method was applied to value use camping parks by visitors, choice modelling technique estimate willingness pay (WTP) visitors residents avoid future foreshore campground access beach width, through protection adaptation efforts. While both had similar park campsite, protection, valued as more whereas placed greater importance campsites. Visitor were higher sites closer metropolitan Melbourne. These results provide government agencies managers better information about low lying assets will enable informed decisions be made investing management specific resources face sea level rise threats.