Publisher :
Place of publication :
Publication year : 2002
Thematic : TEEB
Language : English
Note
In most tropical countries, coral reef ecosystems provide many goods and services to coastal
populations, such as subsistence and commercial fishery, tourism, coastal protection and biodiversity. A
variety of anthropogenic practices threatens reef health and therefore jeopardizes the benefits flowing from
these services and goods. These threats range from local pollution, sedimentation, destructive fishing
practices and coral mining to global issues like coral bleaching. Economic valuation can help to shed light
to the importance of the services and goods by �getting some of the numbers on the table�. Creating
markets for sustainable resource utilization can enhance the value captured by the local population from
these goods and services.
This paper gives some background to economic valuation (Total Economic Value, Cost Benefit
Analysis) and market creation as well as three case studies. These case studies illustrate: (i) the creation of
a market for sustainably caught/reared reef fish as an alternative to cyanide fishing; (ii) the economic
valuation of marine protected areas; and (iii) the economic valuation of a threat to coral reefs (coral
mining).
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Keywords : blue carbon
Encoded by : Pauline Carmel Joy Eje
