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Mechanisms to capture economic values of marine biodiversity: The case of Tubbataha Reefs UNESCO World Heritage Site, Philippines

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  • Subade, Rodelio F.

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.

Suggested Citation

  • Subade, Rodelio F., 2007. "Mechanisms to capture economic values of marine biodiversity: The case of Tubbataha Reefs UNESCO World Heritage Site, Philippines," Marine Policy, Elsevier, vol. 31(2), pages 135-142, March.
  • Handle: RePEc:eee:marpol:v:31:y:2007:i:2:p:135-142
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    Citations

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    Cited by:

    1. Joseph Cook & Marc Jeuland & Brian Maskery & Dale Whittington, 2012. "Giving Stated Preference Respondents “Time to Think”: Results From Four Countries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(4), pages 473-496, April.
    2. Dale Whittington & Stefano Pagiola, 2012. "Using Contingent Valuation in the Design of Payments for Environmental Services Mechanisms: A Review and Assessment," World Bank Research Observer, World Bank Group, vol. 27(2), pages 261-287, August.
    3. repec:eee:ecolec:v:146:y:2018:i:c:p:633-644 is not listed on IDEAS
    4. Subade, Rodelio F. & Francisco, Herminia A., 2014. "Do non-users value coral reefs?: Economic valuation of conserving Tubbataha Reefs, Philippines," Ecological Economics, Elsevier, vol. 102(C), pages 24-32.
    5. Chen, Jyun-Long & Chen, Jun-Yu & Chuang, Ching-Ta & Lu, Hsueh-Jung & Liu, Hsiang-Hsi & Lin, Yu-Shang, 2014. "Developing a co-management financing mechanism to enhance the financial sustainability of marine protected areas in Taiwan," Marine Policy, Elsevier, vol. 48(C), pages 126-133.

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