The Value of biodiversity

The biodiversity in the Great Barrier Reef World Heritage Area has immense value. The direct use values include the industries that rely on the GBRWHA as a resource, for example

  • Commercial fishing
  • Commercial tourisms;
  • Recreational fishing;
  • Recreational boating;
  • Indigenous uses;
  • Education and research;
  • Bioprospecting (for compounds found in marine organisms that are useful to humans); and
  • Shipping.

Indirect use values of biodiversity include:

  • Shoreline/coastal protection;
  • Maintenance of migration and nursery habitats;
  • Maintenance of biological diversity, including fish stocks;
  • Organic mater storage and recycling;
  • Waste assimilation and reception;
  • Visual amenity;
  • Essential for proper function of ecosystems

For further reading on the ecosystem function of coral reefs click here to get a copy of the scientific publication ‘Biodiversity and ecosystem function of coral reefs’ by Done TJ, Ogden JC, Wiebe WJ, Rosen BR (1996). In: Functional Roles of Biodiversity: A Global Perspective. Chapter 15. HA Mooney, JH Cushman, E Medina, OE Sala, E-D Schultze (eds), pp. 393 – 429. John Wiley, Chichester.

Values of biodiversity also include:

  • Option values (variety in opportunities for human appreciation and use
  • Existence values (the value of biodiversity for their own sake), and
  • Bequest values (what we pass on to following generations).

 

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