June 22, 2021
Posted by admin
Economic valuation of marine ecosystem services in the Cook Islands
Luke conducted an economic valuation of ecosystem services provided by the marine environment of the Cook Islands. This study was part of the Cook Islands Ridge to Reef (R2R) project, funded by the Global Environment Facility (GEF) in partnership with the Cook Islands Government with support from the United Nations Development Program (UNDP). The report describes, quantifies and, where possible, estimates the economic value of the Cook Islands’ marine and coastal resources. The key marine ecosystem services that are assessed in detail are: subsistence and commercial fishing; trochus; pearls; sand and coral aggregate; seabed minerals; coastal protection; tourism; recreation; and existence values related to marine biodiversity.
The report can be accessed here