Recreation value of coral reef ecosystems (Netherlands Antilles)can help you understand the value of
$7037.03703703704 per hectare per year
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This is the estimated value of the ecosystem service: Recreation, subservice: Tourism. This valuation is specific to Netherlands Antilles.
This valuation was extracted from The TEEB Valuation Database – a searchable database of 1310 estimates of monetary values of ecosystem services. Foundation for Sustainable Development, Wageningen, the Netherlands. Available at: http://www.fsd.nl/downloadattachment/80763/87522/TEEB%20database%20and%20Final%20report.zip
This valuation was calculated for Bonaire Marine Park, Netherlands Antilles. The calculation does not include accomodation costs; Based on consumers surplus. This valuation was calculated using the Travel Cost method.
Pendleton, L.H. (1995) Valuing coral reef protection. Ocean & Coastal Management 26(2): 119-131.
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