[Coral-List] Economic Valuation and Market-bas​ed Consevatio​n

Arrecifes de coral corales2006 at hotmail.com
Mon Aug 1 20:17:12 EDT 2011

The economic valuation of coral reefs is relevant not only to the knowledge of the economists, sociologists, ecologists and managers, since it builds a bridge of communication to guide decision makers such as politicians and sponsors of coral reef protection. It would be possible to estimate by well measured economic valuations, the proper fines that infractors should pay to support environmental projects as a penalty due to their negative impacts to coral reefs such as physical damage, overfishing or pollution.  The economic valuations may stop / redesign the development of megaprojects that will cause threaten to the coral reefs e.g., oil explorations close to coral reef areas. It also serves as tool to estimate the monetary value to sale for example lion fishes in the market which is what our Foundation is doing in Colombia to enhance the focus of artisanal fisheries  on this invasive fish in the Caribbean Sea. Hopefully, the altruistic efforts of Our Foundation to contribute to save the Colombian coral reefs may be also valuated economically so We can find sponsors to be able to attend the next international meetings so We can share our findings. 
Cordial saludo,

Nohora Galvis (Master in Marine Biology, UM; Diploma Environmentqal Economics, Harvard University; MSc Social Sciences ITC The Netherlands; Doctorate Studies on Enviornmental Management, UK
Directora Ejecutiva
Fundación ICRI (International Coral Reef Initiative) Colombia en Pro de los Arrecifes Coralinos
NIT 900244099-0
Calle 97A No. 60D-88 Bogota 
Emails: nohora_galvis at gmail.com
            icri.colombia at gmail.com

Grupo de Investigadores para mejorar el Manejo de Arrecifes Coralinos


Punto Focal ICRI para Colombia por la Sociedad Civil Iniciativa Internacional para los Arrecifes Coralinos

"Antes de imprimir Piensa si es necesario, cuida el Medio Ambiente"  
<>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< <>< 


> Date: Fri, 29 Jul 2011 00:59:09 -0700
> From: frahome at yahoo.com
> To: coral-list at coral.aoml.noaa.gov
> Subject: Re: [Coral-List] Economic Valuation and Market-bas​ed Consevatio​n
> Sorry but I couldn't resist to write a short comment when I read in the subject "marked-based conservation". I also precise that although my post is going to be a bit polemic I do respect the work some people are doing on this as I understand where it comes from and I do not exclude it might be necessary in the short term.
> Nevertheless, I wish the common language spoken between conservationist, government and business was not that of economists but rather that of  true ecologists.
> Then we won't be here trying to assess the monetary value of coral reefs (mad) to create market incentives to protect them (how safe) but we would automatically keep them healthy using common sense motivations and universal values. I don't think the future is having ecologists thinking and speaking as economists. We need a major paradigm shift away from that language and culture...
> Francesca
> ________________________________
> From: Jos Hill <joskhill at gmail.com>
> To: coral-list at coral.aoml.noaa.gov
> Sent: Thursday, July 28, 2011 7:33 PM
> Subject: [Coral-List] CALL FOR ABSTRACTS @ ICRS 12: Economic Valuation adn Market-bas​ed Consevatio​n
> ICRS 2012 (CAIRNS)
> Dear colleagues,
> The 12th International Coral Reef Symposium call for abstracts is open from
> 1 July – 1 October 2011 (www.icrs2012.com). We would like to invite
> submissions to the mini-symposium "Economic valuation and market-based
> conservation".
> We have provided a description of this session below; however, if you have
> any questions with respect to this mini-symposium, please do not hesitate to
> contact any of the conveners:
> Nathalie Hilmi: hilmi at centrescientifique.mc
> Tamatoa Bambridge: tamatoa.bambridge at criobe.pf
> Jos Hill:  jos.hill at presidioedu.org
> Mini-symposium abstract:
> The dire problems facing coral reefs are caused by human interactions with
> them. The search for solutions requires a multi-disciplinary team that is
> able to navigate the social, economic, cultural and ecological factors that
> affect coral reef health. This session will bring together economists,
> lawyers, geographers, anthropologists, biologists and ecologists to discuss
> how to create and structure incentives for people to protect coral reefs.
> This session will incorporate a discussion of two key issues:
> 1.      Why do we need to determine the economic value of coral reef
> resources?
> 2.      How can policy be used to create market incentives that enable the
> sustainable use of coral reefs?
> *1.          Why do we need to determine the economic value of coral reef
> resources?
> *Coral reefs are an important input into the local economies of many
> tropical countries, mainly through tourism and fisheries, however also
> provide other important ecosystem services such as coastal protection, beach
> nourishment as well as support millions of people who subsist off these
> resources. Unfortunately, environmental services are often taken for granted
> as a “public good” and not integrated into economic decision-making with
> regard to development or resource use. In addition, economic rationality
> does not always fall in line with the social logic of populations highly
> dependent on reefs. The resulting degradation of coral reefs then adversely
> affects the economic stability of these areas.
> Placing value on a coral reef can help conservationists to communicate with
> governments and businesses in a common language as well as to help create
> market forces to protect coral reefs. Unfortunately valuing coral reefs is a
> challenging exercise and this session seeks to further our understanding of
> how to conduct such economic valuations as well as to determine where to
> prioritize our efforts to help demonstrate to businesses and governments the
> cost of engaging in damaging practices.
> *2.          How can policy be used to create market incentives that enable
> the sustainable use of coral reefs?
> *This session will explore opportunities to use ecosystem and capital
> markets to drive coral reef conservation and how government policy can
> catalyze the development of these systems.
> Examples of ecosystem markets include the carbon market and Payments for
> Ecosystem Service (PES) programs. PES can be used to leverage payments from
> the beneficiaries of an ecosystem service to support the sustainable
> resource management of the system; as well as to create economic incentives
> to foster more efficient and sustainable use of natural resources when full
> conservation protection is unrealistic or too expensive.
> In summary, this mini-symposium will welcome presentations dealing with the
> following broad questions:
> a)      What is the monetary and non-monetary value of a coral reef
> ecosystem?
> b)      What features of ecosystem service best lend themselves to creating
> a successful financial argument for protecting a coral reef? Therefore,
> where should we focus our valuation efforts?
> c)      What are the optimal spatial and temporal scales for economic
> valuation of coral reef ecosystems?
> d)    Can we find a common valuation tool that enables comparison between
> different territories?
> e)      What will be the socio-economic impacts of biodiversity loss on
> coral reefs? Can we estimate this?
> f)      Who do we need to engage in this conversation about the economic
> value of coral reefs?
> g)      What economic tools can help us to mitigate the degradation of coral
> reefs? For example, how can capital markets be used or catalyzed to promote
> coral reef sustainability (for example, impact investing, payments for
> ecosystem services or carbon markets)?
> h)      How can we use economic valuations to influence policy change?
> i)      What information do we need to make the financial (business) case
> for sustainability to businesses?
> j)    What policy changes do we need to put in place to establish
> market-based incentives that protect coral reefs?
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