Mechanisms to capture economic values of marine biodiversity: The case of Tubbataha Reefs UNESCO World Heritage Site, Philippines
Rodelio F. Subade
Marine Policy, 2007, vol. 31, issue 2, 135-142
Abstract:
This paper examines the use and non-use values of coral reefs as applied to the Tubbataha Reefs UNESCO World Heritage Site. Results from various studies indicate that economic benefits/values from conservation far exceed the costs of conservation. Mechanisms on how such economic values have been and can be captured are discussed. It is noted that non-use values could provide huge capturable economic values.
Keywords: Tubbataha; reefs; Economic; values; Marine; biodiversity (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:31:y:2007:i:2:p:135-142
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