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

  • Subade, Rodelio F.
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    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.

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    File URL: http://www.sciencedirect.com/science/article/B6VCD-4KDBM97-1/2/966f9a66a673a009633dd759b3d75406
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    Article provided by Elsevier in its journal Marine Policy.

    Volume (Year): 31 (2007)
    Issue (Month): 2 (March)
    Pages: 135-142

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    Handle: RePEc:eee:marpol:v:31:y:2007:i:2:p:135-142
    Contact details of provider: Web page: http://www.elsevier.com/locate/marpol

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