Economic Valuation of Environmental Resource Services in the Turks and Caicos Islands

Economic Valuation of Environmental Resource Services in the Turks and Caicos Islands

Primary Country: Turks and Caicos
Ecosystem: coral reef
Sample Value Estimates:
a) $4.7 million / year: Annual biodiversity value coral reefs,
  1. $47.3 million / year: TEV coral reefs of Turks and Caicos; Annual value of tourism to the Turks and Caicos Islands' coral reefs
  2. 9.8 million / year : overall
  3. $8.3 million / year: from diving and snorkeling
  4. $11.36 / person /day: CS per person per day for diving on ships, reef balls, other structures estimated using the travel cost methodology,
  5. $16.9 million / year: Annual coastal protection value coral reefs of Turks and Caicos Islands
  6. $3.7 million / year: Annual fisheries values coral reefs of Turks and Caicos Islands
Region: Americas / Caribbean
Data source: Consvalmap.org

Publication information

Nautilus Consultants “Economic Valuation of Environmental Resource Services in the Turks and Caicos Islands” Nautilus Consultants, 2005

Addtional Notes

Coastal protection provided by coral reefs near the Turks and Caicos Islands – was worth $16.9 million/year of a total value of $47.3 million a year.

A 2005 study of coral reef contribution to the Turks and Caicos Islands found that diving contributed $8.3 million per year and other forms of tourism provided $9.8 million yearly Fisheries from coral reefs near the Turks and Caicos Islands were worth $3.7 million/year A 2005 report found that coral reef contributions to the Turks and Caicos Islands were $47.3 million a year.

Information provided when available, for more information please visit the original database or PDF.