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The Economic Value of Coastal Communities

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.

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The Economic Value of Coastal Communities

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  1. 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

  2. Marine Photobank image provided by (c) Wolcott Henry 2005 52% of nation’s housing is in coastal watersheds (J. Kildow, Restore America’s Estuaries, 2007)

  3. 40% of US employment and 49% of US GDP resides in coastal counties (C.Colgan, Restore America’s Estuaries, 2007)

  4. NERR Chesapeake Bay, MD 40% of Americans participate in coastal recreation Leeworthy and Wiley (2000, NSRE)

  5. NERR Guana Tolomato Matanzas Annual value of recreation = $20 billion to $80 billion (L. Pendleton, Restore America’s Estuaries, 2007)

  6. Ocean related tourism supports 1.7 million jobs, $70 billion in revenues, and $32 billion in wages. (NOEP0 2004,, www.OceanEconomics.org)

  7. PORT CITIES: $403 billion in goods move through 12 major estuary ports annually MARAD (D. Jin, RAE, 2007)

  8. 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?

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