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ReefFix: An ICZM Coral Reef
Restoration, Watershed Management and Capacity Building Demonstration
Project for the Caribbean
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Organization of American States
Inter-American Biodiversity
Information Network (IABIN)
Grenada Workshop
February
10-11
Agenda
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Tropical marine and coral reef ecosystems, including mangroves and sea
grasses, are vulnerable environmental resources that provide significant
economic goods and services. These ecosystems also contribute to the
livelihoods, food security and safety of all Grenadians. The health of these
resources is critical to human well-being. By accounting for coastal marine
and coral reef ecosystem values in management decisions, Grenada can sustain
their flow of goods and services in the interest of current and future
generations.
Three
ecosystem goods and services provided by the marine and terrestrial habitats
valuation techniques specific to tourism, fisheries, and were applied to the
South Coast of Grenada that covers an expanse area which occupies the
coastal boundaries of the parishes of St. George and St. David. Within the
parish of St. George two established Marine Protected Areas exist, the
Woburn/Clarks Court Bay Marine Protected Area and Multi-zone Management
System and the Moliniere/Beasejour Marine Protected Area and Multi-zone
Management System, collectively these two MPA’s represent and estimated 240
hectares. The two main reasons for establishing these MPA’s were for
protection and maintenance of biodiversity and to resolve the ongoing user
conflicts. This is reflected in the current MPA regulation which governs
activities within the MPA. The valuation techniques are an effective tool
for valuing coastal and marine resources, and assessing the activities which
are conducted within them. Overall the total value estimated for the south
coast of Grenada from this exercise was $22 million US. However, this figure
is under estimated in some areas due to a lack of available data.
Theoretically the 8400 hectare of reef extent along the southern coast of
Grenada is valued at $2,600 US per hectare.
Grenada. February 10-11,
2010.
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