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Great Barrier Reef economic value

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Southern Great Barrier Reef - Boek N

The Great Barrier Reef is incredibly rich, diverse - and under threat. The tight and unforgiving deadline the Great Barrier Reef is up against necessitates an understanding of its true value to know what kind of policy action is required in response. This report assesses the economic, social, icon and brand value of the Great Barrier Reef The Great Barrier Reef has a economic, social and icon asset value of $56 billion In a landmark study, they have priced the economic, social and icon value of the reef at $56 billion -- a figure which Great Barrier Reef Foundation Director Steve Sargent says makes it too big to fail The Great Barrier Reef supports plenty of tour-dive companies and commercial fishing outfits. (Image credit: Tanya Puntti/Shutterstock) Its biodiversity may be priceless, but the Great Barrier Reef..

The Facts - Great Barrier Reef Foundation

Stoeckl et al. Ecosystem services in the Great Barrier Reef Economics of Ecosystems and Biodiversity (TEEB) report6 analyzed 80 coral reef valuation studies, and Brander et al.7 collected information on 166 differ- ent coral reef valuation studies, using a subset of 52 of those studies to conduct a meta-analysis 56 billion reasons to value the Great Barrier Reef A new Deloitte Access Economics report has calculated the total asset value of the Great Barrier Reef to be $56 billion, assessing the World Heritage site's economic, social and iconic brand value together in one study for the first time By Neil Perry, Western Sydney University. Deloitte Access Economics has valuedthe Great Barrier Reef at A$56 billion, with an economic contribution of A$6.4 billion per year. Yet this figure grossly underestimates the value of the reef, as it mainly focuses on tourism and the reef's role as an Australian icon

Great Barrier Reef Marine Park Authority. The National Library of Australia Cataloguing-in-Publication entry : Measuring the economic & financial value of the Great Barrier Reef Marine Park, 2005-06 [elec-tronic resource] : report / by Access Economics Pty Limited for Great Barrier Reef Marine Park Authority. Townsville, Qld Palauans talk about coral reef tourism and its importance to Palau's economy. Coral reef ecosystems support a variety of human needs. They are important for subsistence, fisheries, tourism, shoreline protection, and yield compounds that are important in the development of new medicines The Great Barrier Reef generates 64,000 jobs in Australia and contributes $6.4 billion dollars to the national economy, the report said. It states the brand value, or Australians that have not yet visited the Reef but value knowing it exists, as $24 billion. Recreational users including divers and boaters make up $3 billion In a world first, this new Deloitte Access Economics report, for the Great Barrier Reef Foundation (with support from National Australia Bank and the Great Barrier Reef Marine Park Authority) calculates the total economic, social and icon asset value of the Reef. And the number is $56 billion The economic value of ecosystem services in the Great Barrier Reef: our state of knowledge in Ecological Economics Reviews. Robert Costanza, Karin Limburg & Ida Kubiszewski, Eds. Ann. N.Y. Acad. Sci . 1219: 113-133

Value of the Reef - Great Barrier Reef Foundation - Great

GREAT BARRIER REEF ECONOMIC VALUATION 2 Abstract This research paper is aimed at evaluating the economic value of the Great Barrier Reef. This reef is a home to thousands of different species of organisms. It runs over 2300 kilometers and can be seen from space. Its beauty is captivating making it a vacation destination for many tourists in the world. . Being a natural resource, the Great. Very large text size The Great Barrier Reef is worth $56 billion. That's the total asset value according to a new Deloitte Access Economics report that calculates the World Heritage site's full economic, social and iconic brand value for the first time The study estimates that the value-added economic contribution of the Great Barrier Reef World Heritage Area to the Australian economy in 2011-12 was $5.68 billion and it generated almost 69,000 full-time equivalent jobs. Further information. More about the Great Barrier Reef Strategic Assessmen Deloitte Access Economics (2017) found that the annual value added from commercial fishing and aquaculture in and around the Great Barrier Reef was AU$162 million for Australia (2015-16) of which AU$116 million was considered direct value or the economic contribution resulting from consumer transactions within the commercial fishing. Great Barrier Reef asset value of $21 billion. With reasonable changes to assumptions, such as continued tourism growth, this number becomes many billions more. For an infrastructure asset worth $21 billion, Jacobs Therefore, an appropriate annual investment in the Great Barrier Reef as economic infrastructure would be around $830 million.

The total economic value of coral reef services for the U.S.—including fisheries, tourism, and coastal protection—is over $3.4 billion each year. 1 500 Million People Worldwide, more than 500 million people depend on coral reefs for food, income, coastal protection, and more. Its biodiversity may be priceless, but the Great Barrier Reef has a real economic value — 56 billion Australian dollars ($42.5 billion) of real economic value, to be precise, a new report finds. The report, published by the financial consultancy Deloitte Access Economics, also found that the enormous coral reef off of Queensland, Australia, supports 64,000 jobs in that country and.

The Value of the Great Barrier Reef? $56 billion - that's the total value of the Great Barrier Reef as calculated by the Deloitte Access Economics report published today; a value calculated by assessing its economic, social and iconic brand values together.. The report commissioned by the Great Barrier Reef Foundation with support from National Australia Bank and the Great Barrier Reef. Aesthetical values also translate to economic value, especially where they underpin significant nature-based recreation and tourism [ 21 - 23 ]. As an example of one of the most iconic nature-based tourism destinations in the world, the Great Barrier Reef illustrates the economic importance of natural beauty

Great Barrier Reef - almost 3000 in total - represent about 10 per cent of all the coral reef areas in the world. The Great Barrier Reef Marine Park covers an area of 345,000 km2. It is recognised under the World Heritage criteria as having outstanding universal value. The marine plant, fish and mammal life supported by the Marin 2.16 Gross value ofcommercial fishing catch in the Great Barrier Reef Marine Park 12 2.17 Great Barrier Reef Marine Park recreational fishing and boating 13 2.t8 Great Barrier Reef Marine Park gross financial value ofdirect uses 14 3.1 Summary ofoutput effects GBRMP·based activities. Queensland. 1994-95 16 3.2 Employment effects GBRMP·based. A total economic value framework for the Great Barrier Reef John Rolfe . The problem being addressed • Public funding is being allocated to protect the GBR - And there are substantial calls for more Assessing total economic value for protecting the Great Barrier Reef A new Deloitte Access Economics report has calculated the total asset value of the Great Barrier Reef to be $56 billion, assessing the World Heritage site's economic, social and iconic brand value together in one study for the first time.. In the report commissioned by the Great Barrier Reef Foundation with support from National Australia Bank and the Great Barrier Reef Marine Park Authority.

In a landmark study, they have priced the economic, social and icon value of the reef at $56 billion -- a figure which Great Barrier Reef Foundation Director Steve Sargent says makes it too big. In August 2008, the Great Barrier Reef Foundation commissioned Oxford Economics to undertake a study of the costs of a total and permanent bleaching on the Reef to the Cairns region and, as part of that study, to reassess the value of the Reef. Previous studies of the economic value of the Great Barrier Reef have focused on its contribution t The Great Barrier Reef was declared a marine park in 1975, with the passing of Commonwealth legislation that also established the Great Barrier Reef Marine Park Authority (GBRMPA). In 1981 the Great Barrier Reef was added to the World Heritage List in recognition of its Outstanding Universal Value (OUV). Throughout this report th Values generated by the Great Barrier Reef, Australia. There are a range of economic benefits that arise from different activities in the Great Barrier Reef region. The direct use values associated with the GBR include those outlined by Productivity Commission (2003), GBRMPA (2005), Oxford Economics (2009), Stoeckl and Anthony (2019): The Great Barrier Reef is a critical economic asset, providing income and jobs for the community. Reef-dependent industries and Reef-associated industries support diverse and sustainable communities. These industries and communities need to be able to continue to prosper, while ensuring protection of the Reef's Outstanding Universal Value

Deloitte Access Economics has calculated the economic, social and iconic value of the world heritage site in a report commissioned by the Great Barrier Reef Foundation.. Tourism is the biggest contributor to the total asset value making up $29 billion. The Great Barrier Reef generates 64,000 jobs in Australia and contributes $6.4 billion dollars to the national economy, the report said We completely agree that the Great Barrier Reef is priceless, and so do the authors of the paper. In fact, they refer to the Reef as being priceless six separate times in their report. It's worth reiterating at this point that: The number $56 billion It is not an attempt to provide a total value of the Reef

The value of recreational fishing in the Great barrier reef, Australia: a pooled revealed preference and contingent behaviour model Mar. Policy , 34 ( 2 ) ( 2010 ) , pp. 244 - 251 Article Download PDF View Record in Scopus Google Schola Australia's under-pressure Great Barrier Reef is an asset worth Aus$56 billion (US$42 billion) and as an ecosystem and economic driver is too big to fail, a study said Monday. The World Heritage-listed reef is the largest living structure on Earth and its economic and social value was calculated for the first time in the Deloitte Access Economics report commissioned by the Great Barrier Reef. The Great Barrier Reef Foundation-commissioned report said the Great Barrier Reef had an economic value of $4.88 billion on the Australian economy in 2015-16 and $2.9 billion in Queensland, wrote the Morning Herald. Jobs at the Great Barrier Reef total 39,000 directly, with 64,000 jobs linked to it nationally, the Deloitte study said Great Barrier Reef Marine Park Authority Abstract: This report provides an explanation for the basis upon which the Great Barrier Reef Marine Region is justified as a natural heritage property for inscription upon the World Heritage List The Great Barrier Reef is also a major economic driver as it supports the direct employment of more than 64,000 people. WE ARE SEEKING INDIVIDUAL AND CORPORATE CORAL CRUSADERS TO JOIN US AND FULFIL OUR GOAL OF PRODUCING 1,000,000 NEW CORALS ON THE GREAT BARRIER REEF BY 2026

A retrospective Statement of Outstanding Universal Value for the Great Barrier Reef was formally adopted by the World Heritage Committee in 2012. This documents the Reef's values, including the conditions of the property, at the time it was placed on the World Heritage List in 1981 One of the key user groups the SELTMP monitors is the commercial fishing industry operating the Great Barrier Reef (GBR) region. With 750 active fishing licences operating in the Great Barrier Reef World Heritage Area (GBRWHA), the commercial fishing industry provides essential seafood to local and other markets, and a value of production of $122.9 million in 2011/12 (Deloitte Access Economics. A recently released report estimated the total economic, social and icon asset value of the Great Barrier Reef at A$56 billion. By design, this report did not include many of the ecosystem. In all user groups of the Great Barrier Reef, we found that people value the aesthetic appeal of the Reef above all other values - even economic values. Users of the Great Barrier Reef have strong feelings of personal responsibility and stewardship for the Reef; 88 per cent of coastal residents felt a personal responsibility to protect the. Australia's under-pressure Great Barrier Reef is an asset worth Aus$56 billion (US$42 billion) and as an ecosystem and economic driver is too big to fail, a study said Monday

The Great Barrier Reef, a 1,600-mile-long behemoth that covers more than 133,000 square miles, is the crown jewel of Australia's natural offerings, both in biodiversity and tourism value. Of its $42 billion valuation, $22 billion of that was attributed to its value in attracting travelers And globally, reef activities create some $30 billion annually in economic value. But the Great Barrier Reef brings in billions of dollars in tourism each year. And that money doesn't have. The Great Barrier Reef is not only the world's largest collection of coral reefs but the largest living structure on Earth Needless to say, the Great Barrier Reef significantly boosts Australia's economy, generating approximately AUS $6.4 billion per year through tourism and supplying nearly 70,000 jobs for locals

What is the economic value of the Great Barrier Reef

  1. View deloitte-au-economics-great-barrier-reef-230617.pdf from FINC 6024 at The University of Sydney. At what price? The economic, social and icon value of the Great Barrier
  2. The Great Barrier Reef has a economic, social and icon asset value of $56 billion. It supports 64,000 jobs and contributes $6.4 billion to the Australian economy. It is integral to the identity of Australia's Traditional Owners
  3. BY GEOFF HISCOCK- A new report dubs Australia's Great Barrier Reef a treasure too big to fail and gives special emphasis to its social value to the international community
  4. Income: Coral reefs and related ecosystems have a global estimated value of '$2.7 trillion per year, or 2.2% of all global ecosystem service values', this includes tourism and food. Coastal protection: coral reefs reduce shoreline erosion by absorbing energy from the waves: they can protect coastal housing, agricultural land and beaches

the great 8. The incredible biodiversity of the Great Barrier Reef means visitors have the chance to swim with some truly amazing creatures. These top eight living, breathing icons are featured for their unique attributes and importance to the Reef Great Barrier Reef Outlook Report 2009, Great Barrier Reef Marine Park Authority, Australia, September 2009, (pp. i, ii) But it is not just the Great Barrier Reef at risk. They are all at risk as Charlie Veron, an Australian marine biologist who is widely regarded as the world's foremost expert on coral reefs, says

The Great Southern Reef touches five states and covers more than 71,000 square kilometres. Scientists are helping write a children's book to highlight its importance. They are so concerned, in. The Great Barrier Reef is Queensland's greatest natural tourism advantage attracting almost three million visitors per year. Tourism to the Great Barrier Reef is a major economic driver for all of the coastal communities along the reef. The tourism industry contributes $5.7 billion to the Australian economy and supports 59,000 full time jobs 35+ Facts About Great Barrier Reef The Beginning. Fact 1: Surprisingly, the prized possession of Australia is some 18,000 years old and was formed after the end of the last ice age. Fact 2: In the year 1768, Louis de Bougainville first discovered the reefs during an exploratory mission but refused to make any claim. It was in 1770 when James Cook's ship was stuck fast on the reef for an.

In-text: (The economic, social and icon value of the Great Barrier Reef, n.d.) Your Bibliography: At what price? , n.d. The economic, social and icon value of the Great Barrier Reef A full valuation of the Great Barrier Reef leads to a number so high it is essentially not worth considering in economic terms. The southern Great Barrier Reef escaped both of the recent mass. The Great Barrier Reef will not be added to a list of World Heritage Sites that are in danger after a UN panel on Friday agreed to defer a vote until 2022 amid intensive lobbying by Australia. A United Nations Educational, Scientific and Cultural Organization (UNESCO) committee last month recommended the Great Barrier Reef be classified as.

The Great Barrier Reef—the world's largest living structure, visible from space—was added to the World Heritage list in 1981 for its superlative natural beauty and extensive biodiversity. It. Figure 1: Total Economic Value Framework (Total economic value of the Great Barrier Reef what you need to know, 2017) Putting a monetary value on a natural resource is a complex task and therefore all values must be reviewed and understood. For example the Great Barrier Reef is an iconic Australian image, as an icon the Great Barrier Reef holds.

Australia has claimed to have the world's best managed reef. The Australian government said on Tuesday that it would oppose a plan by UNESCO to downgrade the status of the Great Barrier Reef. Deloitte Access Economics has valued the Great Barrier Reef at A$56 billion, with an economic contribution of A$6.4 billion per year. Yet this figure grossly underestimates the value of the reef. GUEST OBSERVATION. Deloitte Access Economics has valued the Great Barrier Reef at A$56 billion, with an economic contribution of A$6.4 billion per year. Yet this figure grossly underestimates the value of the reef, as it mainly focuses on tourism and the reef's role as an Australian icon (In color in Annals online.) 34 investigated a subset of nonuse values, Alam et al., 45 Oxford Economics 44 Great Barrier Reef Marine Park Authority 10 Great Barrier Reef Marine Park Authority 93 Smith 94 Great Barrier Reef Marine Park Authority, 10 Great Barrier Reef Marine Park Authority, 96 a Seychelles study. b Tobago study Image: Turtle and Diver on the Great Barrier Reef. Deloitte Access Economics has valued the Great Barrier Reef at A$56 billion, with an economic contribution of A$6.4 billion per year. Yet this figure grossly underestimates the value of the reef, as it mainly focuses on tourism and the reef's role as an Australian icon

What's the economic value of the Great Barrier Reef? It's

A valuation of the Great Barrier Reef illustrates many common issues in the economics of environmental valuation. A recent report by Deloitte Access Economics (1) estimates the asset value of the Great Barrier Reef at A$56 billion (2). This is the sum of: Value to local recreational users and tourists from elsewhere in Australia: A$3 The Great Barrier Reef is worth A$56bn (£33bn; $42bn) and is critical to supporting economic activity in Australia, according to a new report. Deloitte Access Economics calculated the figure on. The Great Barrier Reef has an economic, social and icon asset value of $56 billion. An economic stimulator The Reef supports 64,000 jobs and contributes $6.4 billion to the Australian economy

Great Barrier Reef Ecosystem services Economic valuation Total economic value abstract Estimating the value of entire ecosystems in monetary units is difficult because they are complex systems composed of non-linear, interdependent components and the value of the services they produce are interdependent and overlapping The Great Barrier Reef, which extends for over 2,300 kilometers (1429 miles) along the northeastern coast of Australia, is home to over 9,000 known species.There are likely many more—new discoveries are frequently being made, including a new species of branching coral discovered in 2017. This richness and uniqueness make the reef crucial for tourism and the Australian economy—it attracts. Humans have heard about the Great Barrier Reef for over 40,000 years - a magnificent natural phenomenon flanking the sun-soaked coast of Australia. Blessed with jaw-dropping beauty, the world's largest coral reef delivers a wealth of marine life and individual reef systems - not to mention breathtaking tropical islands and gorgeous golden sand beaches We address the issue of biodiversity valuation in the Great Barrier Reef. • Total Economic Value and ecosystem services valuation approaches are reviewed. • The link is drawn between biodiversity, ES and human well-being. • The suitability of 23 finance mechanisms is reviewed for the GBR. • Biodiversity valuation and finance solutions. The Great Barrier Reef generates more than1.5 billion dollars every year for the Australian economy, from fishing and tourism. The study of coral reefs is important for providing a clear, scientifically-testable record of climatic events over the past million years or so. This includes records of recent major storms and human impacts that are.

The Great Barrier Reef Is Worth $56 Billion To Our Economy

  1. Earlier this year Deloitte Access Economics valued the Great Barrier Reef at A$56 billion as an Australian economic, social and iconic asset, but was met with the retort that its true value is.
  2. developing regional scale policy. To this end, regionally-specific estimates of the economic value of Great Barrier Reef ecosystems were derived to facilitate future analysis of the spatial distribution of social, economic and ecological costs and benefits land management changeof to the Great Barrier ReefFour
  3. Tourism and the Great Barrier Reef Background Nested along 2,300km's of Australia's north-east coast, the Great Barrier Reef (GBR) is one of the world's greatest natural wonders. The GBR is littered with hundreds of coral islands, rich in biodiversity spawned by a vast array of endemic and endangered species. The GBR i
  4. Social Value Scores. Community perceptions to our region's waterways and the Great Barrier Reef (GBR) were assessed based on data from 283 surveys of Mackay and Whitsunday residents, conducted in 2017 as part of the Social and Economic Long-Term Monitoring Program (SELTMP) for the GBR (Figure 2)

The Great Barrier Reef Foundation extends its deepest respect and recognition to all Traditional Owners of the Great Barrier Reef as First Nations Peoples holding the hopes, dreams, traditions and cultures of the Reef The economic analysis firm Deloitte Access Economics has valued the Great Barrier Reef, a vast system of coral reefs located off the coast of Queensland, at 56 billion Australian dollars (37.9. This article reviews literature relating to the Great Barrier Reef (GBR) and aims to assess the current state of knowledge about (1) the value of ecosystem services (ES) provided by the GBR and (2) the way in which activities that are carried out in regions adjacent to the GBR affect those values. It finds that most GBR valuation studies have concentrated on a narrow range of ES (e.g.

Can You Put a Price on the Great Barrier Reef? Economists

Coral reefs are deteriorating worldwide prompting reef managers and stakeholders to increasingly explore new management tools. Following back-to-back bleaching in 2016/2017, multi-taxa coral nurseries were established in 2018 for the first time on the Great Barrier Reef (GBR) to aid reef maintenance and restoration at a high-value location-Opal Reef-frequented by the tourism industry Managing for Aesthetic Values in the Great Barrier Reef Identifying indicators and linking Reef Aesthetics to Reef Health Nadine A. Marshall1, Paul A. Marshall2 and Adam K. Smith2 1 CSIRO Land and Water, Townsville 2 Reef Ecologic, Townsville Supported by the Australian Government' The economic, social and icon value of the Great Barrier Reef followed by a panel discussion with the Authors and QUT Associate Professor Louisa Coglan on the important role of economics in decisions regarding our environment. Deloitte has kindly offered to sponsor this event and breakfast will be served Around the time of federation in 1901, however, the politics of reef science took on a heightened nationalistic and provincial tone. Scientists asserted that the Great Barrier Reef's value to. There are more than 1,100 UNESCO World Heritage sites worldwide recognised for their outstanding universal value and natural or cultural importance. The Great Barrier Reef -- the world's largest living structure, visible from space -- was added to the list in 1981 for its superlative natural beauty and extensive biodiversity

56 billion reasons to value the Great Barrier Reef - Great

The government should be working to save the reef not fighting Unesco, marine experts say Last modified on Sat 26 Jun 2021 16.01 EDT When things get really crazy above the water line, I flee to. The report, commissioned by Great Barrier Reef Foundation, is the first to calculate the economic value of the GBR. It involved a survey of 1,500 Australian and international respondents from 10.

What's the Economic Value Of The Great Barrier Reef? It's

A ustralia's under-pressure Great Barrier Reef is an asset worth AU$56 billion (£33 billion) and as an ecosystem and economic driver is too big to fail, a new study has revealed.. The World. A study has valued the Great Barrier Reef at US $42 billion, with its value as an ecosystem and economic driver labelled 'too big to fail.' The reef is bigger than Britain, Switzerland and the. Michigan Economic Development value and are generally a source of great pride for host nations. The Great Barrier Reef is recognized as one of the greatest natural wonders on the planet.

Value of Reefs Reef Resilienc

Great Barrier Reef World's largest reef system. The Great Barrier Reef is the world's largest coral reef ecosystem. At 2300 kilometres long and with an area of 344,400 square kilometres, it comprises about 600 islands and 3000 coral reefs and is home to one-third of all the world's soft coral species the future in the Great Barrier Reef World Heritage Area. For Further Information Visit the Great Barrier Reef Marine Park Authority's website: www.gbrmpa.gov.au Visit or write to us: Call or send us a fax: 2-68 Flinders Street Phone:+61 7 4750 0700 PO Box 1379 Townsville Qld 4810 Fax: +61 7 4772 6093 Australia Send an email: info@gbrmpa.gov.a The Great Barrier Reef is at a critical tipping point that will determine its long-term survival.; Coral bleaching as a result of global warming is a key reason for the reef's decline. Coral. The Great Barrier Reef has now suffered three mass coral bleaching events in the past five years, losing half its corals since 1995 as ocean temperatures have climbed. The reef has also been battered by several cyclones as climate change drives more extreme weather and outbreaks of crown-of-thorns starfish which eat the coral in recent decades

Great Barrier Reef 'too big to fail' at $56b, Deloitte

  1. The Great Barrier Reef, one of the seven natural wonders of the world, is valued at A$56 billion, while creating 64,000 jobs. New economic analysis shows that the Reef, which scientists now say may be dead in its current form, is critical to the Australian economy, directly boosts employment by 39,000 jobs
  2. It lies near the center of Lighthouse Reef, a small atoll 100 kilometres (62 miles) from the mainland of Belize City. The hole is circular in shape, over 300 metres (984 ft.) across and 125 metres (410 ft.) deep. The world's largest natural formation of its kind, the Great Blue Hole is part of the larger Barrier Reef Reserve System, a World.
  3. Australia's under-pressure Great Barrier Reef is an asset worth A$56 billion (US$42 billion) and as an ecosystem and economic driver is too big to fail, a study said yesterday

Need a reason to save the Great Barrier Reef? Deloitte

  1. Tropical North Queensland is the closest destination to the Great Barrier Reef. Travel to a pontoon on the outer edge of the reef, dive straight from the back of the boat or swim out from an island to see some of the 1500 species of fish, 4000 species of molluscs and 400 types of coral that live in this diverse ecosystem
  2. The Great Barrier Reef is internationally renowned as a place of great beauty and ecological significance and is protected as a Marine Park and a World Heritage Area. It is of immense social, economic and cultural value to the people of Australia. While the Great Barrier Reef is recognised as one of the best-managed coral reef systems in the.
  3. The Great Barrier Reef Marine Park Authority confirmed in March that Without sufficient action we risk the long-term sustainability of the reef, the economic value it provides our nation.
  4. (CNN) — The Australian government and a United Nations agency clashed this week over whether the Great Barrier Reef is in danger of losing its outstanding universal value and its place on the World Heritage List. On Friday, the World Heritage Committee decided not to inscribe the reef on a list of endangered World Heritage sites, but instead requested a report on efforts to.
  5. The Minister said the research showed the Great Barrier Reef contributed $6.4 billion in terms of the value added to the economy and over 64,000 direct and indirect jobs in 2015-2016. The government promised to focus on job creation and this report demonstrates the Great Barrier Reef is critical to supporting jobs in Australia
  6. Tourism: Interesting Activities (economic impact) According to a report on the effects of climate change around the world, the Great Barrier Reef represents the longest reef system globally, measuring approximately 2,100 km in length (Parry 2007, p. 853)
  7. • $2.9 billion economic value added to the Great Barrier Reef Marine Park (GBRMP) region in 2015-16; and • 64,000 jobs nationally linked to the Reef, including 33,000 in Queensland. charis.
Reef restoration: first coral planted on Great BarrierGreat Barrier Reef valued at $42bn | Daily Mail Online

The economic value of ecosystem services in the Great

  1. Human life, great works of art, species and national heritage are common examples of things that people value in this way. To many Australians the Great Barrier Reef has this kind of value
  2. Great Barrier Reef avoids UNESCO 'in danger' listing after Australian lobbying effort. Australia has avoided having the Great Barrier Reef listed as an endangered world heritage site by UNESCO, despite concerns about climate change-fuelled damage to the ecosystem's corals. At a World Heritage Committee meeting chaired by China on Friday.
  3. Monday July 26, 2021. HIDE. NEW
  4. Great Barrier Reef.docx - Running head GREAT BARRIER REEF ..
  5. Great Barrier Reef valued at $56 billion by Deloitte
Federal government reveals long-term plan to protect theCoastal conflicts great barrier reefAnalysis of “Australia’s Great Barrier Reef has worstHow do coral reefs benefit the economy?