Mainstreaming economic valuation in decision making: Case Study – Negril, Jamaica

Mainstreaming economic valuation in decision making: Case Study – Negril, Jamaica

Primary Country: Jamaica
Ecosystem: coral reef
Sample Value Estimates:
  1. $2.56-5.33 million / year: Aggregate recreational consumer surplus and value added from environmental improvements,
  2. $0.8 million / year: Economic benefit effective physical planning would produce ($1 million gain in recreational value and $.2 million loss in fishery val
  3. ,
  4. $1.8 million / year,: Economic benefit of implementing an adaption strategy from climate change (recreation value would be $5 million, while fishery value would fall $.3 milli
  5. ,
  6. $18-19 million / year: The average WTP from tourism for current reef conditions and with environmental improvements,
  7. $0.5 million / year: Total economic benefit from Negril fishery,
  8. $18 per person : consumer surplus of tourists using reefs,
Region: Americas / Caribbean

Publication information

Cesar, H. van Beukering, P.de Berdt Romilly, G. “Mainstreaming economic valuation in decision making: Case Study – Negril, Jamaica” Mainstreaming Economic Valuation in Decision Making, 2003

Addtional Notes

Values found in: World Resources Institute. 2011. "Coastal Capital Literature Review: Economic Valuation of Coastal and Marine Resources in Jamaica". Washington DC: World Resources Institute.

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