Ottaviani, Daniela (2020) Economic value of ecosystem services from the deep seas and the areas beyond national jurisdiction. FAO Fisheries and Aquaculture Circular No.1210 . Food and Agricultural Organisation (FAO), Rome. ISBN 978-92-5-132325-0/2070-6065
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This circular stems from a study carried out for FAO projects “Sustainable Fisheries Management and Biodiversity Conservation of Deep-Sea Living Marine Resources and Ecosystems in the Areas Beyond National Jurisdiction” (GCP/GLO/366/GFF) and “Deep-Sea Sponge Grounds Ecosystems of the North Atlantic: An Integrated Approach Towards their Preservation and Sustainable Exploitation” (GCP/GLO/679/EC). These projects included outputs related to the economic valuation of goods and services provided by the deep seas in areas beyond national jurisdiction. This study compiled an estimate of the total economic value (TEV) of the deep seas, which considered the provision of deep-water fish, the harvest of precious corals, the use of substances of marine origin as pharmaceuticals, the extraction of deep and ultra-deep oil and the potential mining of mineral resources from the seafloor, carbon sequestration carried out by the deep seas, the importance of scientific research in the deep seas, and touristic activities with submersibles to visit sites such as the Titanic shipwreck. Comprehensively, the TEV assessed for the deep-sea ecosystem as a whole is estimated at USD 267 billion per year. Ninety two percent of the economic value originates from abiotic resources (oil and minerals), 5 percent from biotic resources (fish, corals and pharmaceuticals of marine origin), 2 percent from cultural services (scientific research and tourism/recreation), and 1 percent from carbon sequestration.
| Item Type: | Books |
|---|---|
| Keywords: | Ecosystem, FAO, Fisheries Management, Biodiversity Conservation, Deep-Sea Living Marine Resources, Total Economic Value (TEV), Abiotic Resources, Biotic Resources, ABNJ, Biodiversity, Marine Fisheries, sustainable fisheries |
| Subjects: | Biodiversity |
| Depositing User: | Chitti Babu ICSF |
| Date Deposited: | 23 Dec 2021 05:49 |
| Last Modified: | 23 Dec 2021 05:51 |
| URI: | http://icsfarchives.net/id/eprint/5986 |
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