The Great Barrier Reef is one of the world’s finest natural wonders. It’s also extraordinarily cheap to visit – perhaps too cheap.
Now we have the science to value the economic and social benefits of natural infrastructure like wetlands and reefs.
In a world first, this new Deloitte Access Economics calculates the total economic, social and icon asset value of the Reef.
New comprehensive Guidelines for Measuring and Valuing the Coastal Protection Services of Mangroves and Coral Reefs make clear that Mangroves and coral reefs provide significant coastal protection benefits.
WAVES and a team of cross-sector researchers led by The Nature Conservancy released a new report to more effectively value nature-based solutions for reducing coastal risks.
Living shorelines or natural infrastructure can help lessen storm surge and flooding while also providing habitat, water filtration and beautiful places to enjoy.