What’s that in Dollars?

Posted by Christine, September 12, 2011

When it comes to adding up the ecological benefits to Australia of its huge marine domain, the first serious stab at a value is $25 billion.

While marine industries such as fishing, oil and gas exploration and marine tourism have long been accounted for, ecosystems themselves have been ignored, a report released today says.

Building on UN Environment Program biodiversity assessments, the Sydney Centre for Policy Development has counted up the worth of nature hidden beneath the sea’s surface.