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Economic Values of Coral Reefs, Mangroves, and Seagrasses A ...

Economic Values of Coral Reefs, Mangroves, and Seagrasses A ...

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All values in this booklet are located at www.co<br />

1 Caribbean<br />

In 2000, coral reefs in the Caribbean region provided annual<br />

net benefits in terms <strong>of</strong> fisheries, dive tourism, <strong>and</strong> shoreline protection<br />

services with an estimated<br />

value <strong>of</strong> $3.1 billion<br />

to $4.6 billion. The net benefits<br />

from dive tourism were<br />

the largest share <strong>of</strong> this total<br />

($2.1 billion), followed<br />

by shoreline protection services<br />

($0.7 to 2.2 billion),<br />

<strong>and</strong> fisheries (about $300<br />

million).<br />

Burke, L. <strong>and</strong> Maidens, J. 2004. <strong>Reefs</strong><br />

at Risk in the Caribbean. World Resources<br />

Institute, Washington, DC.<br />

2 Bonaire Marine<br />

Park, Antilles<br />

The net economic value<br />

to visitors (measured as<br />

consumer surplus) to the<br />

Bonaire Marine Park (from<br />

May 1993 to May 1994)<br />

was estimated to be approximately<br />

$19 million<br />

annually. Over a twenty<br />

year period, the net present<br />

value <strong>of</strong> benefits to tourists would be $180 million (assuming<br />

1993 levels <strong>of</strong> consumer surplus).<br />

Pendleton, L.H. 1995. Valuing <strong>Coral</strong> Reef Protection. Ocean & Coastal Management,<br />

26(2): 119–131.<br />

1<br />

2<br />

16

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