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http://hdl.handle.net/1834/564
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| Title: | Economics of Coral Reef Restoration |
| Authors: | Spurgeon, J.P.G.
Lindahl, U. |
| ASFA Terms: | Coral reefs |
| Issue Date: | 2000 |
| Citation: | Cesar HSJ (ed) Collected Essays on he Economics of Coral Reefs, pp 125-136 |
| Abstract: | This chapter provides an introduction to the economics of coral
reef restoration. A comparison of coral restoration schemes
from four countries indicates that costs can vary from some
US$ 13,000 per ha to over a hundred million US$ per ha.
However, it also reveals that cost estimates in the literature are
not readily comparable, and that many cost components of
restoration are ignored. Little work has been conducted into the
potential benefits of coral restoration. This issue is briefly
considered with reference to the case studies. The chapter
suggests that a benefit–cost analysis approach should be used
more often to help assess the justification for coral reef
restoration and to improve the efficiency of any such expenditure.
It is clear that a greater understanding of the economics
and biology of coral reef restoration is required, as well as
consideration of alternative management options, before being
able to determine with confidence whether coral reef restoration
really is an effective use of available funds. |
| URI: | http://hdl.handle.net/1834/564 |
| Appears in Collections: | Miscellaneous
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