News release: “Coral reefs are a vital part of the Caribbeans marine environment, and are integral to the economies of many of the regions small island states. World Resources Institutes economic valuation methodology can help decision-makers in the region better understand the enormous economic value the reef provides and use this data to make better-informed coastal policy…Our Excel-based Economic Valuation Tool guides users through a simple method that does not assess Total Economic Value (TEV), but instead focuses on three key goods and services: coral reef-associated tourism, fisheries, and shoreline protection services.
Read more about the methodology. For a quick summary of the results, click here. For the full Coastal Capital report, click here. To view maps of the shoreline protection analysis, click here.”