Marine protected areas (MPAs) remain one of the principal strategies for marine conservation globally. MPAs are highly heterogeneous in terms of physical features such as size and shape, habitats included, management bodies undertaking management, goals, level of funding, and extent of enforcement. Economic research related to MPAs initially measured financial, gross, and net values generated by the habitats, most commonly fisheries, tourism, coastal protection, and non-use values. Bioeconomic modeling also generated important insights into the complexities of fisheries-related outcomes at MPAs.MPAs require a significant investment in public funds for design, designation, and ongoing management, which have associated opportunity costs.
Auteur Venetia Alexa Hargreaves-Allen , Conservation Research Initiative.
via @OUPEconomics