Economic value of terrestrial and marine biodiversity in the Cape Floristic Region: implications for defining effective and socially optimal conservation strategies

Economic value of terrestrial and marine biodiversity in the Cape Floristic Region: implications for defining effective and socially optimal conservation strategies

Primary Country: South Africa
Ecosystem: multiple
Sample Value Estimates:
  1. Rand 7,443 million / year [US$1,063 million]: Recreational value of the biodiversity of the Cape Floristic region
  2. Rand 78 million / year [ US$1.11 million]: Extractive use value from harvesting of terrestrial resources in the Cape Floristic Region
  3. Rand 1,323 million / year [US$189 million]: Extractive use value from harvesting of marine resources in the Cape Floristic Region
  4. 476 ZAR/ha/yr: Values shown were provided by partner databases. ESVD values are from a derived data set. This value point is for Biodiversity protection
  5. Rand 9,620 million /year [US$ 1,374 million]: TEV of terrestrial and marine biodiversity in the Cape Floristic Region
  6. Rand 153 million [US$ 22 million]: Annual existence value for the fynbos biome in South Africa for terrestrial area
  7. Rand 28.8 million [US$4.1 milion]: Annual existence value for the fynbos biome in South Africa for coastal area
  8. Rand 182 million [US$26 million]: Annual existence value for the fynbos biome in South Africa overall
  9. Rand 21.50 / ha /year [US$3]: Annual existence value for the fynbos biome in South Africa per hectare
  10. Rand $2,250 / ha: Annual value of food from open waters in the Cape Floristic region in South Africa
Region: Africa
Data source: Primary

Publication information

Turpie, J. Heydenrych, B. Lamberth, S. “Economic value of terrestrial and marine biodiversity in the Cape Floristic Region: implications for defining effective and socially optimal conservation strategies” Biological Conservation, 2003

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