Marine Protected Areas Valuation
Traditional approaches to Marine Protected Area management focus on ecological considerations, such as a sufficient diversity and proximity of habitats. While such factors are essential for sustaining species, they may miss the societal importance of MPAs.
Increasingly, conservation practitioners, governments, and other stakeholders are also considering the benefits that nature provides to people, or ‘ecosystem services.’ Diverse, functioning ecosystems provide myriad benefits, including supporting tourism, maintaining fisheries, protecting shorelines and sequestering carbon, that can be sustained through effective protected area management.
This Economic Valuation of Ecosystem Services of Bahamian Marine Protected Areas research is part of the 3-year Bahamas Protected project – a collaboration between The Nature Conservancy, the Bahamas National Trust and BREEF, with the support of Oceans 5. The Perry Institute for Marine Science also supported this work.