Post on 14-Jan-2016
description
The Economic Value of Coastal Communities
Linwood Pendleton
Senior Fellow,
The Ocean Foundation
Director
Coastal Ocean Values Center
Reuven Walder, Marine Photobank
www.coastalvalues.org
NERR Ace Basin
52% of nation’s housing is in coastal watersheds
Marine Photobank image provided by (c) Wolcott Henry 2005
(J. Kildow, Restore America’s Estuaries, 2007)
40% of US employment and 49% of US GDP resides in coastal counties
0%5%
10%15%20%25%
30%35%40%
NorthAtlantic
SouthAtlantic
Gulf ofMexico
Pacific GreatLakes
Population Employment GDP
(C.Colgan, Restore America’s Estuaries, 2007)
40% of Americans participate in coastal recreation
NERR Chesapeake Bay, MD
Leeworthy and Wiley (2000, NSRE)
Annual value of recreation = $20 billion to $80 billion
NERR Guana Tolomato Matanzas
(L. Pendleton, Restore America’s Estuaries, 2007)
Ocean related tourism supports 1.7 million jobs, $70 billion in revenues,
and $32 billion in wages.
(NOEP0 2004,, www.OceanEconomics.org)
PORT CITIES: $403 billion in goods move through
12 major estuary ports annually
MARAD
(D. Jin, RAE, 2007)
• What is the value of these activities to local communities?
• How do these values influence conservation decisions?
• How can government better protect these values?
• How do we measure these values?
• How can we monitor these values over time?