The State of Asia Pacific Coral and Marine Ecosystems and their Economic Value Eleanor Carter Second...

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The State of Asia Pacific Coral and Marine Ecosystems and their Economic Value

Eleanor CarterSecond Asian Judges Symposium on Environment,

Manila, December 2013

Engines of the Ocean

• Nursery for > 25% of all marine life globally• Cover < 1% of ocean• Asia Pacific has highest diversity and productivity

Southeast Asia

Highest population dependency on reef systemsCoral Triangle ~ 1/3 of worlds coral reefs

Essential Natural Capital

• Fisheries & Food Security• Tourism & Recreation • Resilience against Climate Change• Defense system for Coastal Development• Medicines

Fisheries & Food Security• Southeast Asia coral reef fisheries = US$2.4 billion / year (WRI, 2002)

• Coastal fisheries resources in the Coral Triangle (2010) - (ADB, 2013)- supported livelihoods & food security for > 373 million people - contributed 11.3% (19.1 tns) of all global capture fisheries and aquaculture production. - provides 1.2% to 6.8% of GDP in CT6 nations

• Av. 36% of protein needs (up to 80% in remote / rural locations) (CRA,2013)

• Indonesia - 95% harvest from artisanal fishers (FAO, 2013)

Tourism & Recreation

• High value habitats for tourism

• Reef associated tourism - up to 30% of national export earnings AP

(World Bank, 2010)

• $18 billion USD / yr generated in the Coral Triangle

Resilience against Climate Change

• Blue Carbon – 60% of global potential in Asia and Oceania Est. $10-$20/ton value under EU Emissions Trading Scheme (Siikamaki et al.,

2012)

• Defenses against storm-surges

Defense system for Coastal Development

Coral reefs mitigate 75-95 % of wave energy (Brander et al., 2004)

Example: Loss of 11 & 2% (respectively) of the Gulf of Thailand and Andaman Sea coastlines is equivalent to loss of US$156 million real estate value

(World Bank 2006).

Medicines• Prospects of new

medicines 300-400 times greater than terrestrial ecosystems (Bruckner, 2006)

• Japan investing up to $1 billion research each year

Treatments currently available for: CANCER, ARTHRITUS, ASTHMA,

ULCERS, BACTERIAL INFECTIONS, HEART DISEASE, VIRUSES, etc etc

Overall Economic Value of Resources

Example: Malacca Straits coral reefs = ‘combined’ economic value of US$ 563 million (WRI, 2011)

© 2013 The Coral Reef Alliance

Status of Natural Capital

Rapidly declining habitats & resources

75% reefs globally under threat (WRI, 2011)

20% world mangroves destroyed“.. stocks of all species currently fished for food are predicted to collapse by 2048.” (Worm et al, 2006)

Asia Pacific

• Threats “..most severe in Southeast Asia”

• 95% reefs threatened

• 50% classified as ‘high’ or ‘very high’ threat status

(WRI,2011)

Causes of decline

• Habitat removal / destruction

• Pollution• Sedimentation• Overfishing• Destructive Fishing• Climate change

Top Threats

Est. net economic loss from blast fishing in Indonesia ~ US$570 million over the next 20 years

(WRI,2011)

Overfishing & Destructive Fishing

Challenges of fisheries management & enforcement

• Licensing• Regulating &

enforcing sustainable catch quota’s

• Enforcing protected areas (refuge’s for breeding stock)

Habitat removal / destructionEx: Loss of original mangrove cover by early 1990’s

•Malaysia ~ 75% •Thailand ~ 84 %•Vietnam ~ 37 %•Myanmar ~ 75% •Philippines ~ 67 %•Brunei ~ 20 %•Indonesia ~ 55%(Burke, 2001)

Anticipated net benefits & losses2002 - 2022

WRI, 2002

SummaryCoral and marine ecosystems

• Critical habitats for livelihoods, health and economy of nations• Under considerable threat – declining rapidly• Appropriate Legal & Judicial frameworks critical to sustain

natural capital• Urgent need to close the gap between policy, legislation,

implementation & enforcement

Thank you

Eleanor CarterSecond Asian Judges Symposium on Environment,

Manila, December 2013