Economists Determined how much the Great Barrier Reef Costs

26.06.2017

The Great Barrier Reef is an invaluable treasure of Australian nature. Nevertheless, experts were able to calculate how much it costs - more than 42 billion dollars.

Economists Determined how much the Great Barrier Reef Costs

This amount is determined taking into account the income that the reef brings to Australia. First, this landmark provides jobs for 64 00 people. Due to tourism, the country's economy receives $ 22 billion. The reef has long become a national brand, and this contribution is estimated at 18 billion. Due to diving alone, it is possible to raise another 2 billion.

However, it is noted that now the Great Barrier Reef is under threat because of human activities. Climate warming and water pollution lead to coral bleaching. Over the past 9 months in the northern part of the reef, their number decreased by 67%.