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NERR Ace Basin. Reuven Walder, Marine Photobank. The Economic Value of Coastal Communities. Linwood Pendleton Senior Fellow, The Ocean Foundation Director Coastal Ocean Values Center. www.coastalvalues.org. Marine Photobank image provided by (c) Wolcott Henry 2005. - PowerPoint PPT Presentation
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The Economic Value of Coastal Communities
Linwood Pendleton
Senior Fellow,
The Ocean Foundation
Director
Coastal Ocean Values Center
Reuven Walder, Marine Photobank
www.coastalvalues.org
NERR Ace Basin
52% of nation’s housing is in coastal watersheds
Marine Photobank image provided by (c) Wolcott Henry 2005
(J. Kildow, Restore America’s Estuaries, 2007)
40% of US employment and 49% of US GDP resides in coastal counties
0%5%
10%15%20%25%
30%35%40%
NorthAtlantic
SouthAtlantic
Gulf ofMexico
Pacific GreatLakes
Population Employment GDP
(C.Colgan, Restore America’s Estuaries, 2007)
40% of Americans participate in coastal recreation
NERR Chesapeake Bay, MD
Leeworthy and Wiley (2000, NSRE)
Annual value of recreation = $20 billion to $80 billion
NERR Guana Tolomato Matanzas
(L. Pendleton, Restore America’s Estuaries, 2007)
Ocean related tourism supports 1.7 million jobs, $70 billion in revenues,
and $32 billion in wages.
(NOEP0 2004,, www.OceanEconomics.org)
PORT CITIES: $403 billion in goods move through
12 major estuary ports annually
MARAD
(D. Jin, RAE, 2007)
• What is the value of these activities to local communities?
• How do these values influence conservation decisions?
• How can government better protect these values?
• How do we measure these values?
• How can we monitor these values over time?