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dc.titleEconomic Valuation of Ecosystem Services Provided by Blue Economy Ecosystems in the Dominican Republic
dc.contributor.authorRuiz de Gauna, Itziar
dc.contributor.authorGreño, Francisco
dc.contributor.authorTorres, Ximena
dc.contributor.authorGalarraga, Ibon
dc.contributor.orgunitAgriculture and Rural Development Division
dc.coverageDominican Republic
dc.date.available2024-10-22T00:10:00
dc.date.issue2024-10-22T00:10:00
dc.description.abstractThe Dominican Republic possesses a diversity of coastal and marine ecosystems that play a crucial role in coastal protection, carbon capture, marine biodiversity conservation, and as sources of income through tourism and fishing. This study focuses on coral reefs, mangroves, seagrass meadows, and marshes, as these ecosystems provide economic opportunities within the framework of the "blue economy," fostering sustainable development that combats climate change. The economic value of these four ecosystems has been estimated by calculating the value of the goods and services they provide, to better inform decision-makers. Both market valuation techniques and non-market valuation techniques (contingent valuation) have been applied. The value of the Dominican blue economy ecosystems is estimated at $1,792 million annually, equivalent to 1.58% of the country's GDP.
dc.format.extent30
dc.identifier.doihttp://dx.doi.org/10.18235/0013217
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Economic-Valuation-of-Ecosystem-Services-Provided-by-Blue-Economy-Ecosystems-in-the-Dominican-Republic-.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectEconomy
dc.subjectFishery
dc.subjectMangrove Ecosystems
dc.subjectEcosystem Service
dc.subjectTourism
dc.subjectCarbon Capture
dc.subjectBlue Economy
dc.subjectRating
dc.subjectMarine Resource
dc.subject.jelcodeB41 - Economic Methodology
dc.subject.jelcodeC01 - Econometrics
dc.subject.jelcodeQ22 - Fishery • Aquaculture
dc.subject.jelcodeQ26 - Recreational Aspects of Natural Resources
dc.subject.jelcodeQ50 - Environmental Economics: General
dc.subject.keywordsMarine Environment;Blue Carbon;Use Values;Non-Use Values;Market Prices;Contingent Valuation
idb.identifier.pubnumberIDB-PB-00414
idb.operationDR-E0005
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