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A General Business Model for Marine Reserves

by Andrew A. Rosenberg; Christopher Costello; Dawn Dougherty; Enric Sala; Geoffrey Heal; Jason H. Murray; Kieran Kelleher; Rashid Sumaila

Apr 3, 2013
  • Energy and Environment

  • DESCRIPTION

Marine reserves are an effective tool for protecting biodiversity locally, with potential economic benefits including enhancement of local fisheries, increased tourism, and maintenance of ecosystem services. However, fishing communities often fear short-term income losses associated with closures, and thus may oppose marine reserves. Here we review empirical data and develop bioeconomic models to show that the value of marine reserves (enhanced adjacent fishing + tourism) may often exceed the pre-reserve value, and that economic benefits can offset the costs in as little as five years. These results suggest the need for a new business model for creating and managing reserves, which could pay for themselves and turn a profit for stakeholder groups. Our model could be expanded to include ecosystem services and other benefits, and it provides a general framework to estimate costs and benefits of reserves and to develop such business models.

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A General Business Model for Marine Reserves

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DOI:

  • doi.org/10.1371/journal.pone.0058799

Published By

  • PLOS ONE

Funded By

  • Waitt Foundation
  • National Geographic Society

Copyright

  • Creative Commons Attribution 4.0 International License

Document Type

  • Dataset
  • Issue/Policy Brief
  • Article

Language

  • English
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This web page is marked up with Schema.org microdata and formatted for machine-reading. Here's why that matters. Have a peek at what a machine sees here .

Title: A General Business Model for Marine Reserves
Publication date 2013-04-03
Publication Year 2013
Authors Andrew A. Rosenberg , Christopher Costello , Dawn Dougherty , Enric Sala , Geoffrey Heal , Jason H. Murray , Kieran Kelleher , Rashid Sumaila
Copyright holder(s) PLOS ONE
Document type Dataset , Issue/Policy Brief , Article
Language English
URL: https://www.issuelab.org/resource/a-general-business-model-for-marine-reserves.html
Resource provided by IssueLab

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