The Economic Value of Coastal Communities

Post on 14-Jan-2016

21 views 0 download

Tags:

description

NERR Ace Basin. Reuven Walder, Marine Photobank. The Economic Value of Coastal Communities. Linwood Pendleton Senior Fellow, The Ocean Foundation Director Coastal Ocean Values Center. www.coastalvalues.org. Marine Photobank image provided by (c) Wolcott Henry 2005. - PowerPoint PPT Presentation

Transcript of The Economic Value of Coastal Communities

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?