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Caribbean Large Marine Ecosystem Project (CLME)

Caribbean Large Marine Ecosystem Project (CLME) Valuation of Marine Ecosystem Goods & Services in the Caribbean : A review and framework for future work Patrick Debels Laverne Walker Regional Coordinator Senior Project Officer PatrickD@unops.org LaverneW@unops.org.

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Caribbean Large Marine Ecosystem Project (CLME)

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  1. Caribbean Large Marine Ecosystem Project (CLME) Valuation of Marine EcosystemGoods & Services in the Caribbean: A review and frameworkforfuturework Patrick Debels Laverne Walker Regional Coordinator Senior Project Officer PatrickD@unops.org LaverneW@unops.org

  2. UNDP/GEFCLME:Sustainable Management of the Shared Living Marine Resources of the Caribbean and North BrazilShelfLarge Marine Ecosystems Foundationalcapacitybuildingproject (co-)financedby GLOBAL ENVIRONMENT FACILITY (GEF4) GEF Contribution: aprox. US$ 7 million Start Date:May 2009End Date: Feb 2014

  3. CLME+ = 2 LMEs: the CARIBBEAN LME and the NORTH BRAZIL SHELF LME 26 countries + >10 dependent territories

  4. CLME+ : 3 distinct ecosystem types support the most important fisheries & biodiversity • REEFS & associatedhabitats • PELAGIC ecosystem • CONTINENTAL SHELF ecosystem

  5. CLME TDAs:3 ecosystems, 3+1* (key) problems Degradation * “Climate proofing” of actions: robustness + contributions to enhancing resilience

  6. ROOT CAUSES OF THE 3 CLME+ ISSUES

  7. DECISION MAKING ANALYSIS AND ADVICE: DSS REVIEW AND EVALUATION & MONITORING IMPLEMENT-ATION sLMRgovernance: “running” through the PolicyCycle DATA & INFORMATION

  8. The development of the CLME SAP Review of ES G&S valuationwork in the Caribbean (CERMES & partners) PILOT PROJECTS CLME STRATEGIC ACTION PROGRAMME (SAP) CASE STUDIES TRANSBOUNDARY DIAGNOSTIC ASSESSMENTS GOVERNANCE ANALYSIS IMS-REMP PROTOTYPE

  9. BASIS FOR THIS PRESENTATION: • Schumann, P. 2011. Wilmington, NC: University of North Carolina Wilmington (CERMES reportfor CLME RGF case study) • “The Valuation of Marine EcosystemGoods and Services in the Caribbean” • Kushner, B., R. Waite, M. Jungwiwattanaporn, and L. Burke, 2012 (WorkingPaper. Washington DC: WorldResource Institute) • “Influence of CoastalEconomicValuations in the Caribbean: EnablingConditions and LessonsLearnt”

  10. Status of Marine Valuations in the CLME: Coral ReefEcosystem • Ecosystemwith the mostinformation • Reefs in the Caribbean: 19,000 km2 • Net presentvalue: US$ 49.5 billion • Total Annual Net Benefits: US$ 1.85 billion • Fisheries: US$ 391 million • CoastalProtection: US$ 720 million • Tourism/recreation: US$ 663 million • Biodiversityvalue: US$ 79 million

  11. Status of Marine Valuations in the CLME: PelagicEcosystem • Limitedvaluationstudiesavailable • Existingvaluations: focusonprovisioningservices • commercialfisheries • Exceptions: analyses of cultural services (tourism & recreation) - sportsfishing & whalewatching: • billfishing - Puerto Rico: US$ 44 million • whalewatching - Dominican Rep. (1999): US$ 5.2 M • sharkdiving - Bahamas (2007): US$ 78 million

  12. Status of Marine Valuations in the CLME: Continental Shelf Ecosystem • Received the leastattention • Limitedinformationavailable • A fewstudiesexist • commercialshelffisheries (e.g.shrimp)

  13. Analysis of Economic Valuations Studies within the CLME • Economicvaluationsstudieshavebeenlimitedto: • nearshorerecreationopportunities (protectedareas) • Reefvaluations: far more attentionthanotherecosystemtypes • reefs in MPAsreceived particular attention (recreation & tourism) • Caribbeansmall-scalefishers: highlydependentonreefsforlivelihoods • Pelagic & Continental Shelf ES: valuationwork = modestcomparedto the near shore zones • marketvalues of capture fisheries, offshore recreationalopportunities

  14. Summary • Economicvaluationinformationavailableon the Caribbean has increasedover the last 30yrs • Over 200 economicstudieson monetaryvalue of marine ecosystemsexist (MESP) Yet, the impactof thesestudies onpolicyordecisionmakingregardingecosystem/marine resourcesmanagement are notveryclear

  15. Analysis of impacts of Economic Valuations Studies in the CLME • Valuationstudiesincreasedawarenessabouteconomicimportance of marine ecosystems • Veryfewvaluationstudieswhichhavedirectlyinfluencedpolicy, legislationorinvestment • St. Maarten studyhelpedestablishingfirstnationalpark • Belize’s : legal banonbottomtrawling • Bonairestudy > visitorfeesetting: sustainablyfinanced MPA • Valuationtoguide decisionmaking: tobe done on a scaleappropriateto the policyquestion • WRI’sCoastal Capital series: mostimpactonraisingawarenessof the economicvaluesassociatedwithcoastal and marine resources

  16. Goodgovernance & hightransparency Strong local partnership& stakeholderengagement KEY ELEMENTS for SUCCESFUL ECONOMIC VALUATION application and influence A clearpolicyquestion Opportunitiesforrevenueraising Local demandforvaluation Effectivecommunications& accesstodecisionmakers and/or media A clearpresentation of methods, assumptions& limitation

  17. REPLACEMENT COST APPROACH TRAVEL COST METHOD MARKET PRICE APPROACH HEDONIC PRICING METHOD ECONOMIC IMPACT ANALYSIS MARKET PRICE APPROACH COST (DAMAGE) AVOIDANCE APPROACH CONTINGENT VALUATION METHOD META ANALYSIS PRODUCTION FUNCTION APPROACH REVEALED PREFERENCE METHOD BENEFITS TRANSFER APPROACH

  18. DECISION MAKING ANALYSIS AND ADVICE: DSS REVIEW AND EVALUATION & MONITORING IMPLEMENT-ATION PolicyCycle DATA & INFORMATION

  19. STRATEGY 2 (Sust. Fisheries): MANDATES WECAFC SICA/ OSPESCA CRFM DAI DAI DAI DAI DAI RAE RAE AAA AAA GCFI RAE RAE RAE AAA AAA AAA OECS CRFM IMP IMP DM DM IMP IMP IMP DM DM DM DM = Decision-Making IMP = Implementation RAE = Revision & Evaluation DAI = Data & Informatiion AAA = Analysis & Advice

  20. Gaps within the CLME • Economicvaluesassociatedwith the pelagicand continental shelfecosystemsremainlargelyunspecified • Valuationworkcontinuestobeabsentfrom a number of countries(e.g. Central America) • Contribution of reefs & othercoastalecosystemstofisheriesproduction, climateregulationand habitatprovisionlargelyundocumented

  21. Gaps within the CLME • Economicimpactsrelatedtooverfishinglargelyunexplored: • Nationaleconomies? • Employment? • Foodsecurity? • Tourism? • Valuing the cultural and foodsecuritybenefitsof small-scalefisheries • Valuing the researchand educationcontributions of marine ecosystems

  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-levelendorsed10-year StrategicActionProgramme • Provides a road-maptowardssustainable living marine resourcesmanagement • IdentifiespriorityStrategiesand Actionswithin the CLME+ • Advance the implementation of EBM/EAF within the CLME+

  23. adequately valued DETAILED VISION STATEMENT

  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. The “umbrella” SAP for the CLME PILOT PROJECTS CASE STUDIES SAP “UMBRELLA” TRANSBOUNDARY DIAGNOSTIC ASSESSMENTS GOVERNANCE ANALYSIS IMS-REMP PROTOTYPE PROJECT / PROGRAMME COORDINATION & OVERSIGHT Implementation of new projects under the SAP supported by the GEF New Projects Exisitng Projects

  26. Thank you www.clmeproject.org CLME Project Coordination Unit Cartagena, Colombia info@clmeproject.org

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