ICRI - 31 th general meeting Paris, Nov Ad Hoc Committee on Economic Valuation. Chairmanship: ICRI Secretariat Technical assistance: CRIOBE
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1 ICRI - 31 th general meeting Paris, Nov Ad Hoc Committee on Economic Valuation Chairmanship: ICRI Secretariat Technical assistance: CRIOBE
2 OBJECTIVES (linked to Aichi target #20 and 10, SDG #14): Objective 1: raise awareness on the economic benefits produced by coral reef Objective 2: encourage countries to apply concrete mitigation strategy for coral reefs Objective 3: encourage innovative financing for coastal management
3 History and people Born in 2008, GM21, chaired by: : Mexico, United States, WRI & Secretariat 2013-YTD: Secretariat and CRIOBE (TA) linked to objective 1: 44 members, 40 institutions, act as a mailing list, low feedback expected. linked to objective 2: 4 institutions, 5 members from ICRI, technical committee, validation of reports. linked to objective 3: (WG in progress) with 10 institutions and pilot projects
4 Main achievements Objective 1: raise awareness on the economic benefits produced by coral reef and their positive economic return as a public investment Compilation of valuations (e.g. CI, 2008) and contributions to on-line database of valuations/valuation projects (e.g. MESP, MACBIO, RESCCUE,etc.) Communications to international events (e.g. COP 21, WPC, ISRS,etc.) and press (e.g. The economist) WS with decision-makers in the Wider Caribbean (Bonaire, 2014, 30 participants)
5 Main achievements Objective 2: encourage countries to apply concrete mitigation strategy for coral reefs In progress: Guidelines for mitigation of damages to coral and for compensation schemes (MERCICOR method) 2 pilot sites in the Wider Caribbean for training and implementation of compensation scheme ICRI Technical advisory group to be set-up
6 Main achievements Objective 3: provide advice to countries for innovative financing of coastal management costs. In progress: ICRI pilot site countries for PPPs (caribbean and SE Asia) Communication of initial results in WCC ICRI Technical advisory group to be set-up
7 Next steps: AHC proposal for : Blue economy Main objective: ICRI provide guidance and recommendations for countries to implement blue growth activities 2016 United Nations Environment Assembly (UNEA-2) resolution on Sustainable Coral Reefs Management 17th Global Meeting of the Regional Seas Conventions and Action Plans, Istanbul, Turkey 2015 United Nations Sustainable Development Summit, entitled Transforming our world: the 2030 Agenda for Sustainable Development General Assembly resolution 65/150 The Manado Ocean Declaration, Aichi target 20
8 AHC proposal for : Blue economy Table 1. Components of the ocean economy Type of activity Ocean service Established industries Emerging industries New industries Drivers of future growth Harvesting of living resources Extraction of non-living resources, generation of new resources Commerce and trade in and around the ocean Response to ocean health challenges Seafood Fisheries Sustainable fisheries Food security Marine bio-technology Aquaculture Pharmaceuticals, chemicals Multi-species aquaculture Demand for protein R&D in healthcare and industry Minerals Seabed mining Demand for minerals Deep seabed mining Energy Oil and gas Demand for alternative energy sources Renewables Fresh water Desalination Freshwater shortages Transport and trade Shipping Growth in seaborne trade Port infrastructure and services International regulations Tourism and recreation Tourism Growth of global tourism Ocean monitoring and surveillance Carbon sequestration Coastal protection Waste disposal Components of the blue economy Coastal development Eco-tourism Technology and R&D Blue carbon (i.e. coastal vegetated habitats) Habitat protection, restoration Assimilation of nutrients, solid waste Coastal urbanisation Domestic regulations R&D in ocean technologies Growth in coastal and ocean protection and conservation activities Activities that can contribute to restoring ocean health
9 Next steps: AHC proposal for : Blue economy 3 objectives/expected outputs Objective 1: Encourage innovative economic development for coastal management (goal 1.3 of action plan, with secretariat) Guidance document on PPP and marine PES Compilation of experiences of emerging initiatives (impact investment for biodiversity and water quality, new industries, etc.)
10 Next steps: AHC proposal for : Blue economy 3 objectives/expected outputs Objective 2: Invite countries to apply concrete mitigation strategy for coral reefs (goal 3 of action plan?) Guideline document on mitigation and compensation ICRI trainings in countries
11 Next steps: AHC proposal for objectives/expected outputs Objective 3: Coral reef management legal framework at country level (goal 3.1 of action plan, with ICRI secretariat) Compilation of national legislative and regulatory mechanisms (e.g. fishery, water quality, mitigation, etc.) Anual report to ICRI
12 Next steps: AHC Implicated team (as advisory or revision committee): UNEP Grid Arendal CDC-AFD Kfw UBS WRI TNC WCS IFRECOR MARES BIOFIN Reef trust 2050 FPA2 Caribbean biodiversity fund James Cook Univ. Florida Univ. Blue ventures ESP Rare, VOI IUCN OIF Verde Ventures Pristine Seas Wayne Meloy,.
13 Merci
14 Main coral reef ecosystem services
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