NEW! WRI New Guidebook on Economic Valuation for decision making in the CaribbeanMarch 14, 2014
Coastal ecosystems provide a range of valuable goods and
services to people and economies across the Caribbean, including tourism,
fisheries, shoreline protection, and more. Despite their importance, these
ecosystems are highly threatened from numerous human pressures including
overfishing, pollution, and climate change.
Economic analysis is a widely used approach to inform investment and
development decisions, and ecosystem valuation can help make the economic
case for protection and sustainable use of coastal resources. While more
than 100 valuations have been conducted for the Caribbean's coastal
ecosystems to date, only a minority have actually helped to inform policy,
management, or investment decisions. Why have some valuations had more
impact than others, and what can we all do to increase the likelihood that
future valuations will help safeguard the Caribbean's valuable coastal
The World Resources Institute in association with other partners like
UNEP's Caribbean Environment Programme have recently released a brand new
guidebook entitled "Coastal Capital:Ecosystem Valuation for Decision
Making in the Caribbean".
This guidebook is intended for economic valuation practitioners (economic
and non-economic) who would like to conduct coastal economic valuation to
achieve influence and inform real world decisions.
Read more about it here