Caribbean Large Marine
Ecosystem Project (CLME)
Valuation of Marine Ecosystem Goods & Services in the
Caribbean: A review ...
UNDP/GEF

CLME:

Sustainable Management of the
Shared Living Marine Resources of the
Caribbean and North Brazil Shelf Larg...
CLME+ = 2 LMEs: the CARIBBEAN LME and the NORTH BRAZIL SHELF LME
26 countries + >10 dependent territories
CLME+ : 3 distinct ecosystem types support the most important fisheries & biodiversity

1. REEFS & associated habitats
2. ...
CLME TDAs:
3 ecosystems, 3+1* (key) problems

Degradation

* “Climate proofing” of actions: robustness + contributions to ...
ROOT CAUSES OF THE 3 CLME+ ISSUES
sLMR governance:
“running” through the Policy Cycle
DECISION
MAKING

ANALYSIS AND
ADVICE: DSS
DATA &
INFORMATION

REVIEW A...
The development of the CLME SAP
PILOT PROJECTS
Review of ES G&S
valuation work in the
Caribbean
CASE STUDIES
(CERMES & par...
BASIS FOR THIS PRESENTATION:
• Schumann, P. 2011. Wilmington, NC: University of North
Carolina Wilmington (CERMES report f...
Status of Marine Valuations in the
CLME: Coral Reef Ecosystem
 Ecosystem with the most information
 Reefs in the Caribbe...
Status of Marine Valuations in the CLME:
Pelagic Ecosystem
 Limited valuation studies available
 Existing valuations: fo...
Status of Marine Valuations in the CLME:
Continental Shelf Ecosystem
 Received the least attention
 Limited information ...
Analysis of Economic Valuations Studies
within the CLME
 Economic valuations studies have been limited to:
o

nearshore r...
Summary
• Economic valuation information available on the
Caribbean has increased over the last 30yrs
• Over 200 economic ...
Analysis of impacts of
Economic Valuations Studies
in the CLME
 Valuation studies increased awareness about economic
impo...
Good governance
& high transparency

Strong local partnership &
stakeholder engagement

Opportunities for
revenue raising
...
MARKET PRICE
APPROACH

MARKET PRICE
APPROACH

COST (DAMAGE)
AVOIDANCE
APPROACH

REVEALED
PREFERENCE
METHOD

REPLACEMENT
CO...
Policy Cycle
DECISION
MAKING

ANALYSIS AND
ADVICE: DSS
DATA &
INFORMATION

REVIEW AND
EVALUATION &
MONITORING

IMPLEMENTAT...
STRATEGY 2 (Sust. Fisheries):
MANDATES
DA
I

DAI

RAE

WECAFC

IMP

RA
E

AAA

AAA

SICA/
OSPESCA
IM
P

DM

DAI

D
M

IMP
...
Gaps within the CLME
 Economic values associated with the pelagic and
continental shelf ecosystems remain largely
unspeci...
Gaps within the CLME
 Economic impacts related to overfishing largely
unexplored:





National economies?
Employment...
CLME+ SAP: The Strategic Action Programme for
the Sustainable Managment of the Shared
Living Marine Resources of the Carib...
adequately valued

DETAILED VISION
STATEMENT
CLME SAP:
6 main STRATEGIES
and 4 sub-strategies

S1 – Protection of the
Marine Environment
S2 – Sustainable Fisheries
S3 ...
The “umbrella” SAP for the CLME
PILOT PROJECTS
CASE STUDIES

SAP “UMBRELLA”

TRANSBOUNDARY
DIAGNOSTIC
ASSESSMENTS
GOVERNAN...
Way Forward
 Obtain better understanding of key conditions for
valuation influence on decision-makers
 Standardized appr...
Thank you
www.clmeproject.org
CLME Project Coordination Unit
Cartagena, Colombia
info@clmeproject.org
Valuation of Marine Ecosystem Goods & Services in the Caribbean: A review and framework for future work
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Valuation of Marine Ecosystem Goods & Services in the Caribbean: A review and framework for future work

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7th GEF Biennial International Waters Conference in Barbados Presentation on Valuation of Marine Ecosystem Goods & Services in the Caribbean by Patrick Debels and Laverne Walker

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Valuation of Marine Ecosystem Goods & Services in the Caribbean: A review and framework for future work

  1. 1. Caribbean Large Marine Ecosystem Project (CLME) Valuation of Marine Ecosystem Goods & Services in the Caribbean: A review and framework for future work Patrick Debels Regional Coordinator PatrickD@unops.org Laverne Walker Senior Project Officer LaverneW@unops.org
  2. 2. UNDP/GEF CLME: Sustainable Management of the Shared Living Marine Resources of the Caribbean and North Brazil Shelf Large Marine Ecosystems Foundational capacity building project (co-)financed by GLOBAL ENVIRONMENT FACILITY (GEF4) GEF Contribution: aprox. US$ 7 million Start Date: May 2009 End Date: Feb 2014
  3. 3. CLME+ = 2 LMEs: the CARIBBEAN LME and the NORTH BRAZIL SHELF LME 26 countries + >10 dependent territories
  4. 4. CLME+ : 3 distinct ecosystem types support the most important fisheries & biodiversity 1. REEFS & associated habitats 2. PELAGIC ecosystem 3. CONTINENTAL SHELF ecosystem
  5. 5. CLME TDAs: 3 ecosystems, 3+1* (key) problems Degradation * “Climate proofing” of actions: robustness + contributions to enhancing resilience
  6. 6. ROOT CAUSES OF THE 3 CLME+ ISSUES
  7. 7. sLMR governance: “running” through the Policy Cycle DECISION MAKING ANALYSIS AND ADVICE: DSS DATA & INFORMATION REVIEW AND EVALUATION & MONITORING IMPLEMENTATION 7
  8. 8. The development of the CLME SAP PILOT PROJECTS Review of ES G&S valuation work in the Caribbean CASE STUDIES (CERMES & partners) TRANSBOUNDARY DIAGNOSTIC ASSESSMENTS GOVERNANCE ANALYSIS IMS-REMP PROTOTYPE CLME STRATEGIC ACTION PROGRAMME (SAP)
  9. 9. BASIS FOR THIS PRESENTATION: • Schumann, P. 2011. Wilmington, NC: University of North Carolina Wilmington (CERMES report for CLME RGF case study) “The Valuation of Marine Ecosystem Goods and Services in the Caribbean” • Kushner, B., R. Waite, M. Jungwiwattanaporn, and L. Burke, 2012 (Working Paper. Washington DC: World Resource Institute) “Influence of Coastal Economic Valuations in the Caribbean: Enabling Conditions and Lessons Learnt”
  10. 10. Status of Marine Valuations in the CLME: Coral Reef Ecosystem  Ecosystem with the most information  Reefs in the Caribbean: 19,000 km2  Net present value: US$ 49.5 billion  Total Annual Net Benefits: US$ 1.85 billion  Fisheries:  Coastal Protection:  Tourism/recreation:  Biodiversity value: US$ US$ US$ US$ 391 million 720 million 663 million 79 million
  11. 11. Status of Marine Valuations in the CLME: Pelagic Ecosystem  Limited valuation studies available  Existing valuations: focus on provisioning services  commercial fisheries  Exceptions: analyses of cultural services (tourism & recreation) - sports fishing & whale watching:    billfishing - Puerto Rico: US$ 44 million whalewatching - Dominican Rep. (1999): US$ 5.2 M shark diving - Bahamas (2007): US$ 78 million
  12. 12. Status of Marine Valuations in the CLME: Continental Shelf Ecosystem  Received the least attention  Limited information available  A few studies exist  commercial shelf fisheries (e.g. shrimp)
  13. 13. Analysis of Economic Valuations Studies within the CLME  Economic valuations studies have been limited to: o nearshore recreation opportunities (protected areas)  Reef valuations: far more attention than other ecosystem types o reefs in MPAs received particular attention (recreation & tourism)  Caribbean small-scale fishers: highly dependent on reefs for livelihoods  Pelagic & Continental Shelf ES: valuation work = modest compared to the near shore zones o market values of capture fisheries, offshore recreational opportunities
  14. 14. Summary • Economic valuation information available on the Caribbean has increased over the last 30yrs • Over 200 economic studies on monetary value of marine ecosystems exist (MESP) Yet, the impact of these studies on policy or decision making regarding ecosystem/marine resources management are not very clear
  15. 15. Analysis of impacts of Economic Valuations Studies in the CLME  Valuation studies increased awareness about economic importance of marine ecosystems  Very few valuation studies which have directly influenced policy, legislation or investment o St. Maarten study helped establishing first national park o Belize’s : legal ban on bottom trawling o Bonaire study > visitor fee setting: sustainably financed MPA  Valuation to guide decision making: to be done on a scale appropriate to the policy question  WRI’s Coastal Capital series: most impact on raising awareness of the economic values associated with coastal and marine resources
  16. 16. Good governance & high transparency Strong local partnership & stakeholder engagement Opportunities for revenue raising KEY ELEMENTS for SUCCESFUL ECONOMIC VALUATION application and influence Effective communications & access to decision makers and/or media A clear policy question Local demand for valuation A clear presentation of methods, assumptions & limitation
  17. 17. MARKET PRICE APPROACH MARKET PRICE APPROACH COST (DAMAGE) AVOIDANCE APPROACH REVEALED PREFERENCE METHOD REPLACEMENT COST APPROACH HEDONIC PRICING METHOD CONTINGENT VALUATION METHOD BENEFITS TRANSFER APPROACH TRAVEL COST METHOD ECONOMIC IMPACT ANALYSIS META ANALYSIS PRODUCTION FUNCTION APPROACH
  18. 18. Policy Cycle DECISION MAKING ANALYSIS AND ADVICE: DSS DATA & INFORMATION REVIEW AND EVALUATION & MONITORING IMPLEMENTATION 18
  19. 19. STRATEGY 2 (Sust. Fisheries): MANDATES DA I DAI RAE WECAFC IMP RA E AAA AAA SICA/ OSPESCA IM P DM DAI D M IMP DM DAI AAA GCFI IMP AAA CRFM DAI RAE CRFM RAE DM RAE AAA OECS IMP DM DM = Decision-Making IMP = Implementation RAE = Revision & Evaluation DAI = Data & Informatiion AAA = Analysis & Advice
  20. 20. Gaps within the CLME  Economic values associated with the pelagic and continental shelf ecosystems remain largely unspecified  Valuation work continues to be absent from a number of countries (e.g. Central America)  Contribution of reefs & other coastal ecosystems to fisheries production, climate regulation and habitat provision largely undocumented
  21. 21. Gaps within the CLME  Economic impacts related to overfishing largely unexplored:     National economies? Employment? Food security? Tourism?  Valuing the cultural and food security benefits of small-scale fisheries  Valuing the research and education contributions of marine ecosystems
  22. 22. CLME+ SAP: The Strategic Action Programme for the Sustainable Managment of the Shared Living Marine Resources of the Caribbean and North Brazil Shelf LME • High-level endorsed 10-year Strategic Action Programme • Provides a road-map towards sustainable living marine resources management • Identifies priority Strategies and Actions within the CLME+ • Advance the implementation of EBM/EAF within the CLME+
  23. 23. adequately valued DETAILED VISION STATEMENT
  24. 24. CLME SAP: 6 main STRATEGIES and 4 sub-strategies S1 – Protection of the Marine Environment S2 – Sustainable Fisheries S3 – Inter-sectoral Coordination S4 – EBM, Reef Ecosystems S4a Spiny Lobster Fisheries S4b Queen Conch Fisheries S5 – EAF, Pelagic Ecosystem S5a Flyingfish Fisheries S4b Large Pelagics Fisheries S6 – EBM/EAF, Continental Shelf
  25. 25. The “umbrella” SAP for the CLME PILOT PROJECTS CASE STUDIES SAP “UMBRELLA” TRANSBOUNDARY DIAGNOSTIC ASSESSMENTS GOVERNANCE ANALYSIS IMS-REMP PROTOTYPE PROJECT / PROGRAMME COORDINATION & OVERSIGHT Exisitng Projects New Projects Implementation of new projects under the SAP supported by the GEF
  26. 26. Way Forward  Obtain better understanding of key conditions for valuation influence on decision-makers  Standardized approaches to monitor and evaluate the influence of valuations  Identify and build the capacity of “in-country” champions that understand and can communicate with policy makers on economic valuation  Coordinated approach towards future work on valuation in the region among countries and agencies  Identify mechanisms to allow for an increased interest in valuations for the pelagic and continental shelf ecosystems
  27. 27. Thank you www.clmeproject.org CLME Project Coordination Unit Cartagena, Colombia info@clmeproject.org
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