Tag Archives : coral reef death

Result of coral reef deaths: loss in billions of dollars

Result of coral reef deaths: loss in billions of dollars

Based on previous estimates, coral reefs are said to earn nearly $30 billion a year ‘by attracting tourists, protecting commercial fish species and protecting coasts from storm surges.’ A new study that further investigated the economic value of coral reefs suggests that ‘a single hectare of coral reef can be worth from $130,000 to $1.2 million [...]