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    'Ocean filling' activities cost US$108.9 M per year - study

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    Date
    April 24, 2015
    Author
    de Vera, Ellalyn
    Namit, Madel Sabater
    Metadata
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    Classification code
    MB20150424_1
    Excerpt
    The total economic value of destroyed coral reefs from the ongoing reclamation activities of China in the West Philippine Sea has reached US$352,249 per hectare of coral reef, equivalent to an economic loss of US$108.9 million per year. This was revealed in a study by University of the Philippines-Marine Science Institute (UP-MSI) Prof. Emeritus and national scientist Dr. Edgardo Gomez. Gomez noted that the estimate is still “very conservative” considering the ongoing reclamation or “ocean filling” activities of China. “This (amount) increases by the day as reclamation goes on,” he added.
    Citation
    de Vera, E., & Namit, M. S. (2015, April 24). 'Ocean filling' activities cost US$108.9 M per year - study. Manila Bulletin, pp.1, 16.
    URI
    http://hdl.handle.net/20.500.12174/3104
    Corporate Names
    Bureau of Fisheries and Aquatic Resources (BFAR) Presidential Communications Operation Office (PCOO) University of the Philippines Marine Science Institute (UPMSI) Association of Southeast Asian Nations (ASEAN)
    Personal Names
    Gomez, Edgardo Perez, Asis Coloma, Herminio Jr. Carpio, Antonio
    Geographic Names
    China West Philippine Sea Quezon City Spratly Islands Kalayaan Island United States Malaysia
    Subject
    economics coral reefs land reclamation fishing vessels ecological balance ecosystems fishing territorial waters disputes
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