What's the economic value of the Great Barrier Reef? It's priceless
Friday, June 30, 2017 - 06:32
in Earth & Climate
Deloitte Access Economics has valued the Great Barrier Reef at A$56 billion, with an economic contribution of A$6.4 billion per year. Yet this figure grossly underestimates the value of the reef, as it mainly focuses on tourism and the reef's role as an Australian icon.