Tourists want to see the most pristine environments—and 95 percent of them would pay fees to keep them that way.
Los bosques tropicales del mundo están en problemas serios, así lo confirman los nuevos análisis satelitales de la Universidad de Maryland y Google, publicados hoy en Global Forest Watch.
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.
This guidebook details the steps in conducting a coastal ecosystem valuation to inform decision making in the Caribbean. It guides valuation practitioners—both economists and non-economists—through the three phases of a valuation effort (scoping, analysis and outreach), with an emphasis on...
Roughly 75 percent of the Caribbean's coral reefs are threatened--with more than 30 percent ranking in the "high" or "very high" threat category. But one reef system in Cuba, Jardines de la Reina (the "Gardens of the Queen"), offers great lessons—and hope—for effective coral reef management.
Governments, corporations, and development agencies are increasingly interested in putting a dollar value on ecosystems in order to balance conservation and development needs, a concept known as “economic valuation.” For example, St. Maarten’s government recently established the country’s first marine national park after a local organization found that the area’s coastal ecosystems contribute $58 million per year through tourism and fisheries. Belize enacted a host of new fishing regulations based on a WRI valuation, which found that coral reef- and mangrove-associated tourism contributes $150 million-$196 million per year to the country’s economy. And in Bonaire, park managers used economic valuation to justify the Bonaire Marine Park’s establishment of user fees—making it one of the few self-financed marine parks in the Caribbean.
These stories show that economic valuation can indeed lead to better coastal policy, conserving these ecosystems and securing their important economic contributions. However, according to new WRI research, these cases tend to be the exception in the Caribbean.
Economic Valuation and Coastal Policy in the Caribbean
In the Caribbean, there is keen interest in economic valuation of coastal ecosystems to inform policy and improve natural resource management. But while the literature on the value of coral reefs and mangroves in the Caribbean continues to grow, these ecosystems continue to decline.
WRI and the Marine Ecosystem Services Partnership (MESP) took a closer look at the impact of previous economic valuation studies in the Caribbean. Out of more than 200 studies of the economic value of the Caribbean’s marine ecosystem goods and services, we were only able to identify 13 that actually influenced marine and coastal management policies, such as those in Bonaire, St. Maarten, and Belize.
Enabling Conditions and Lessons Learned
This paper assesses the policy influence of previous coastal ecosystem economic valuations in the Caribbean and identifies the key “enabling conditions” for valuations to influence policy, management, or investment decisions. These findings will inform WRI's and our partners’ efforts to...