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Economic valuation of goods and services from marine ecosystems of the Wider Caribbean Region

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  • Lloyd Gardner
    From: To: Subject: Economic valuation of goods and services from marine ecosystems of the Wider Caribbean Region Date: Mon, 4 Jun 2012 04:25:56 +0000 A review
    Message 1 of 1 , Jun 4, 2012
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      From:
      To:
      Subject: Economic valuation of goods and services from marine ecosystems of the Wider Caribbean Region
      Date: Mon, 4 Jun 2012 04:25:56 +0000

      A review of the status of studies on economic valuation of goods and services from marine ecosystems of the Wider Caribbean has been prepared for the CLME Project by Dr Peter Schuhmann. It is based on over 200 studies.  it can be viewed at http://cermes.cavehill.uwi.edu/publications/CLME_marine_resource_valuation_2012_1_30.pdf
       
      Based on that report a four page Policy Perspective has been prepared by CERMES and can be seen at http://cermes.cavehill.uwi.edu/PolicyPerspectives/CERMES_Policy_Perspectives_2012_04_09.pdf
       
      Highlights:
      ·         Marine resource valuation efforts in the Caribbean have been piecemeal, uncoordinated and only loosely tied to policy objectives.
       
      ·         Most valuation studies have focused on benefits associated with provisioning and cultural ecosystem services; relatively few address supportive and regulating services.
       
      ·         Marine resource valuation in the Caribbean has focused on obvious and measurable benefits: coastal and reef ecosystems; marine protected areas, recreation and tourism.
       
      ·         The economic value of Caribbean pelagic and continental shelf ecosystems is largely unmeasured.
       
      ·         An agenda is urgently needed for prioritization and coordination of valuation efforts, and their incorporation into the policy process.
       
      Best,
      Robin
       
      Robin Mahon
      Professor of Marine Affairs and Director
      Centre for Resource Management and Environmental Studies (CERMES)
      University of the West Indies, Cave Hill Campus
      St. Michael, Barbados
      Tel 246-417-4570, Fax 246-424-4204
      rmahon@...
      www.cavehill.uwi.edu/cermes



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