Assessing the value of coral reefs in the face of climate change: the evidence from Nha Trang Bay, Vietnam

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Citeable URL: https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/hx11xm859

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Attribute Name	Values
Creator	Quach, Thi Khanh Ngoc
Abstract	Coral reef ecosystems provide many important services to society. Their importance is not only proved by their beauty but also because they provide food and livelihood for millions of people in communities around the world, especially in developing countries. This paper estimates the economic value of coral ecosystems and potential impacts of climate change and fishing activities on the loss of coral reefs in Nha Trang Bay, Vietnam. Economic valuation and bio economic approaches are applied to combine socioeconocoral reef. The loss in economic value of coral under climate change and fishing effort scenarios is estimated which ranges from US$27.78 to US$31.72 million annually. This result is useful for policy makers to draw conclusions for climate policy, biodiversity conservation, sustainable development, and priorities for further work.
Resource Type	Research Paper
Date Issued	2018
Conference Name	International Institute of Fisheries Economics & Trade
Conference Location	Seattle, Washington, USA
Rights Statement	In Copyright
Publisher	International Institute of Fisheries Economics & Trade
Peer Reviewed	No
Language	English [eng]

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