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Marine charities net more than iconic fishery: Massachusetts

Sign of times? Philanthropy to coastal preservation surpasses value of finfish catch

Date:
March 8, 2018
Source:
University of Vermont
Summary:
Massachusetts boasts one of the most iconic fisheries in the US, but new research suggests that protecting marine coastlines has surpassed commercial fishing as an economic driver. The study is the first to calculate the economic value of coastal preservation in Massachusetts. The research finds these efforts contributed $179 million to the state's economy in 2014, more than finfish landings ($105 million) and whale-watching ($111 million).
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Massachusetts boasts one of the most iconic fisheries in the U.S., but new research suggests that protecting marine coastlines has surpassed commercial fishing as an economic driver.

The study is the first to calculate the economic value of coastal preservation in Massachusetts. The research finds these efforts contributed $179 million to the state's economy in 2014, more than finfish landings ($105 million) and whale-watching ($111 million).

"Marine conservation has become a major economic force in Massachusetts," says lead author Joe Roman, a University of Vermont (UVM) biologist. "For the first time, this study gives us the tools to properly capture the magnitude of this value.

After years of diminishing catches of wild fish -- including cod, haddock and flounder -- finfish landings have also been surpassed by commercial shellfish operations ($420 million) and recreational fishing ($688.5 million).

The study, by a team of economists and marine experts from UVM, Boston University and Franklin Pierce University, was published today in the journal Frontiers in Ecology and the Environment.

New Tool for Measuring Citizens' Value of Nature

To calculate marine stewardship's $179-million value, researchers pioneered a new method to account for the millions in donations and volunteer time flowing to marine conservation nonprofit organizations.

Of Massachusetts philanthropy in 2014, researchers determined that coastal stewardship groups received more than $122 million in monetary donations, and $57 million worth of volunteer time.

The findings are conservative. The team found that environmental groups with a partial marine mission had a greater value -- $282 million in 2014 -- but chose to focus on organizations primarily addressing coastal ecosystems. They also excluded university programs, direct spending by government agencies (other than select programs or grants), and money from companies for conservation.

Coastal conservation groups support a range of activities, including responses to marine mammal strandings, cleanup of beaches and waterways, marsh and dune restoration, and education and public-awareness campaigns.

"These organizations provide jobs, and the money they raise is often spent on local goods and services," says co-author Brendan Fisher of UVM's Gund Institute for Environment and Rubenstein School of Environment and Natural Resources. "And the results of conservation efforts can benefit many people."

Implications for Government

The importance of coastlines -- in Massachusetts and elsewhere -- are no secret. Nice beaches and harbors attract tourists. Flourishing sea life contributes to cleaner water and more food options. Plenty of people care about the welfare of marine mammals and the quality of the world's oceans.

But quantifying how humans value the environment can be challenging. Business sectors can often dominate policy and regulation discussions, as a result, Roman says.

By highlighting the economic might of marine conservation, Roman hopes to show that environmental groups deserve a place at the table when discussing Massachusetts' ocean economy. "Having better data will help policy makers understand the trade-offs and make better decisions."

While some researchers have conducted surveys to determine how much someone is "willing to pay" to save a humpback whale, those numbers don't require real dollars and sometimes overstate the actual expenditures for such efforts, Roman notes.

An 'Aha Moment' in Cape Cod

The idea for the study struck Roman on a class trip to Cape Cod to explore the trade-offs of a proposed offshore wind farm. The group met with commercial fishermen, wind developers, conservationists and an oyster farmer.

One morning, his UVM class discovered five dolphins stranded on a beach in Wellfleet, Mass. They watched as the marine stranding experts cared for the mammals' health and released them back into the ocean.

"People had tears in their eyes when they were releasing the dolphins," says Roman, who noticed the workers and volunteers who responded to the stranding. He started counting up the investments in time, equipment and money.

"We're ignoring this whole part of the economy," he thought.

Roman says the valuation could easily apply to other parts of the U.S. coastline -- along the Gulf or Pacific Ocean, for example -- with adjustments made for the conservation work that's most relevant in each location. Efforts to save sea turtles, for example, are significant in North Carolina.

"As we're making decisions about the future of our oceans," Roman says, "let's make sure stewardship has a role."


Story Source:

Materials provided by University of Vermont. Note: Content may be edited for style and length.


Journal Reference:

  1. Joe Roman, Verna DeLauer, Irit Altman, Brendan Fisher, Roelof Boumans, Les Kaufman. Stranded capital: environmental stewardship is part of the economy, too. Frontiers in Ecology and the Environment, 2018; DOI: 10.1002/fee.1780

Cite This Page:

University of Vermont. "Marine charities net more than iconic fishery: Massachusetts." ScienceDaily. ScienceDaily, 8 March 2018. <www.sciencedaily.com/releases/2018/03/180308085542.htm>.
University of Vermont. (2018, March 8). Marine charities net more than iconic fishery: Massachusetts. ScienceDaily. Retrieved March 18, 2024 from www.sciencedaily.com/releases/2018/03/180308085542.htm
University of Vermont. "Marine charities net more than iconic fishery: Massachusetts." ScienceDaily. www.sciencedaily.com/releases/2018/03/180308085542.htm (accessed March 18, 2024).

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