Coastal Capital: Economic Valuation of Coral Reefs in Tobago and St. Lucia

Coastal Capital: Economic Valuation of Coral Reefs in Tobago and St. Lucia

Primary Country: St Lucia
Ecosystem: coral reef
Sample Value Estimates:
In Saint Lucia
  1. $160-194 million / year: Combined direct and indirect economic impacts from coral reef associated tourism in 2006
  2. $0.5-0.8 million / year: Mean annual combined direct and indirect economic impacts from coral reef associated fisheries from 2002-2004
  3. $28-50 million / year: Annual economic value of shoreline protection services provided by coral reefs (in potentially avoided damages
  4. $52-109 million / year: Annual economic value of local residents’ use of the reefs and coralline beaches
  5. $2.3 million / year: Consumer surplus from reef recreation per year
Region: Americas / Caribbean
Data source: WRI

Publication information

Burke, L. Greenhalgh, S.Prager, D.Cooper, E. “Coastal Capital: Economic Valuation of Coral Reefs in Tobago and St. Lucia” World Resources Institute (WRI), 2008

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