New research suggests that kelp forests generate up to $562 billion each year by boosting fisheries productivity, removing harmful nutrients from seawater, and sequestering carbon dioxide, reports Elizabeth Alberts. The findings suggest that kelp forests are about three times more valuable than previously believed, contributing the equivalent of Sweden’s entire GDP to the global economy. However, experts say that kelp forests are generally overlooked and undervalued, and that many of these ecosystems are under threat worldwide. The paper was recently published in Nature Communications. The lead author is Aaron Eger, a marine scientist at UNSW and founder and program director of the Kelp Forest Alliance. https://lnkd.in/ehNWrjtk
Maybe now that there is a monetary amount tied to their "value", they will be protected better.
Governments may need to start paying into these ecosystem services.
The ocean may be our last stand. We can't properly manage the above ground forests, let's leave the ocean forests alone.
Cost benefit ratios is an erroneus financial gimmick to justify what business and government utilize to determine irrelevant species as if they have the only stake.what voice does the affected species have..go figure....unfortunately 90 percent of all species including humans are irrelevant to the 1% powerful and rich.unfortunately always has been and continues today.not positive at all for the real world
The study underscores the need for a more holistic approach to ocean management that takes into account the crucial role of kelp forests in supporting both human and ecological well-being. #Sysvoyinc
And yet we lack a natural capital accounting system or a monetary system that supports this economic value. This in itself should cause us to Stop. Drop. And Roll. https://www.linkedin.com/pulse/force-source-money-timothy-gieseke/
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1yMost relevantly the apex predator thesis has emerged as the basis of every ecosystem balance. Every time I think of marine ecosystems, I am reminded that regular rainfall runoff from every roof becomes the contaminated stormwater that pollutes every freshwater ecosystem, and the nutrient, sediment and lubricant laden toxic bloom that coats all nearshore life in a grey pall of slow death. We must eliminate stormwater runoff! It's not rainfall by the time it hits the streets, leaves the fields, and just like the children's book, Paddle to the Sea, everything ends up downstream in the ocean, eventually. RainGrid, Inc.'s circular rainfall proptech Aggregated Rain Grid outcome Networks (#ARGoN) contributes to nearshore marine ecosystem security that every urban coastal city must implement.