Valuation of marine and coastal ecosystem services as a tool for conservation: The case of Martinique in the Caribbean

Valuation of marine and coastal ecosystem services as a tool for conservation: The case of Martinique in the Caribbean

Primary Country: Martinique
Ecosystem: multiple
Sample Value Estimates:
(a) US$278.50 million per yr as estimated value of Martinique's coral reef, sea grass and mangrove ecosystems (b) US$95 million per yr as estimated indirect uses or 38% of the total economic value (c) US$11 million per yr as estimated non-use values linked to improvements in health of coastal ecosystems (d) sea grass and mangrove contribute the most per km^2 to wealth creation at US$2.41 million/km^2 and US$2.08 million per km^2 respectively, against US$1.98 per km^2 for coral reefs (d) the valuation shows that, due to policy inaction, the loss of value is about US$2.78 million per yr.
Methodology: Total Economic Value from Use and Non-use values

Publication information

Failler, P. É. PètreT. BinetJ. Maréchal “Valuation of marine and coastal ecosystem services as a tool for conservation: The case of Martinique in the Caribbean” Ecosystem Services 11: 67-75, 2015

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