Economics, Trade and Incentive Measures

ID 6529
Submitting Entity Organization for Economic Co-operation and Development
Submitted for Seventh Ordinary Meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 7)
Main Information
Title The Biodiversity Benefits of Coral Reef Ecosystems: Values and Markets
Description This 2001 OECD paper gives background to economic valuation (Total Economic Value, Cost Benefit Analysis) and market creation as well as three case studies from Indonesia. These case studies illustrate: (i) the creation of a market for sustainably caught/reared reef fish as an alternative to cyanide fishing; (ii) the economic valuation of marine protected areas; and (iii) the economic valuation of a threat to coral reefs (coral mining).
Web Link /doc/case-studies/inc/cs-inc-oecd-04-en.pdf
Additional Information
Authors Herman Cesar, Cesar Consulting
Source OECD
Countries Indonesia
Ecosystems Marine and Coastal Biodiversity
Incentive Measures Economic Valuation
Indirect Incentives (property rights, market creation)
Keywords Cost-based valuation
Travel cost valuation
Ecosystem Services
Ecosystem approach