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Off the
coast of Florida, huge coral nurseries are being cultivated to restore the region’s reefs. But as a government grant for the work runs out, an alternative approach to securing funding is being explored.
Much conservation work has been predicated on the idea that habitats such as rainforests and coral reefs are of immeasurable value, but the concept of 'payment for ecosystem services' is now coming to the fore, with scientists looking to put a monetary value on ecosystems. Earlier this month, researchers and conservationists met in Florida to discuss applying this strategy to the coral reefs that surround the state's famous Keys and make up the third largest barrier reef in the world.
Reef restoration is an expensive business, but conservationists are looking for ways to have it pay for itself.
Photo: Tim Grollimund/Coral Restoration Foundation
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Much conservation work has been predicated on the idea that habitats such as rainforests and coral reefs are of immeasurable value, but the concept of 'payment for ecosystem services' is now coming to the fore, with scientists looking to put a monetary value on ecosystems. Earlier this month, researchers and conservationists met in Florida to discuss applying this strategy to the coral reefs that surround the state's famous Keys and make up the third largest barrier reef in the world.
Reef restoration is an expensive business, but conservationists are looking for ways to have it pay for itself.
Photo: Tim Grollimund/Coral Restoration Foundation
Read more...
More here...