CORAL REEFS

$ 30bn

Coral reefs, like mangroves, are valuable in a number of ways – as coastal protection from storm surges, as critical habitat for fish, as places for recreation and as refuges of biodiversity. According to the Reef Resilience Network, globally they provide $30bn worth of services every year, while the potential costs of bleaching are said to range from $20–84bn. In Australia alone, 54,000 full-time jobs are dependent on the Great Barrier Reef.