A group of world leaders came together in New York City to form a panel that will assess the value of Ocean goods and services in economic planning and support the sustainable use of Ocean resources.
Mayors from across the U.S. political spectrum will gather in New Hampshire later this month to discuss ways to help their communities deal with rising seas, recurring coastal floods and the need for more leadership and support at the state and national levels.
Governments, businesses, development agencies, and NGOs are increasingly turning to economic valuation as a way to protect coral reefs and mangroves. This process makes the economic case for protection and sustainable use of natural resources by showing the monetary, employment, and infrastructure benefits ecosystems provide—metrics that are easily understood by decision-makers.
But not all economic valuations are created equal. WRI's new guidebook shows how NGOs and other stakeholders can conduct economic valuations in ways that lead to real change on the ground.
Tropical coastal ecosystems—including coral reefs, mangroves, beaches, and seagrasses—provide a range of valuable goods and services to people and economies across the Caribbean. These ecosystems contribute to tourism, fisheries, shoreline protection, and more.
Coral reefs provide a diverse array of goods and services to the people and economy of Jamaica. They help to build and protect Jamaica’s beautiful white sand beaches, which attract tourists from around the world.
Coral reefs provide many benefits, sometimes called ecosystem goods and services, which are of high value and critical importance to local and national economies in the Caribbean.