GreenTimes | Environmental News You Shouldn’t Miss

Independent media outlet GreenTimes helps raise awareness for our recent report, Stocking Up: Securing Our Marine Economy (available for Download here).  

GreenTimes – What price nature? When it comes to adding up the ecological benefits to Australia of its huge marine domain, the first serious stab at a value is $25 billion.

Building on UN Environment Program biodiversity assessments, the Sydney Centre for Policy Development has counted up the worth of nature hidden beneath the sea’s surface. The greatest single value lay in the ocean’s use as a carbon sink. Using the Gillard government’s proposed $23 per tonne carbon price, the centre estimated Australia’s marine domain to be worth $15.8 billion. 

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