Chapter 3: Why we should care page 43
Scenic coastlines,
islands, and coral
reefs offer recreational
opportunities, such as
scuba diving, sea
kayaking and
sailing
Coastal habitats protect coastal
communities and cities
from storms and erosion
Healthy coral reefs are
hotspots of marine
biodiversity and can be a
source for new medicines
and healthcare products
Mangroves and
saltmarshes act
as natural filters, trapping
harmful sediments and
excessive nutrients
Marine ecosystems including
seagrasses, mangroves and
saltmarshes act as carbon sinks,
reducing greenhouse gases
The oceans produce
half the oxygen we
breathe
Sustainable fisheries
provide food, create
jobs, and support
local economies
Estuarine seagrasses and
mangroves provide nursery
habitat for commercially targeted
fish and crustacean species
Offshore reefs create
sand and protect the
shoreline from severe
storms
Offshore energy
provides power to
support coastal
development
Marine natural capital: the Coral Triangle
Nowhere on Earth is richer in marine natural capital than the Coral Triangle, which covers
a vast area of ocean spanning Indonesia, Malaysia, the Philippines, Papua New Guinea,
Solomon Islands and Timor-Leste.
One-third of the inhabitants of the Coral Triangle – more than 120 million people
- depend directly on local marine and coastal resources for their income, livelihoods and
food security, and fish is a major source of protein in local diets (ADB 2014). Fisheries
exports from Coral Triangle countries in 2011 amounted to 1.7 million tonnes, worth nearly
US$5.2 billion (FAO FIGIS, 2011). The region also produces almost 30 per cent of the total
global tuna catch (WCPFC, 2014; IOTC, 2015), with an export value estimated at close to
US$1 billion (FAO FIGIS, 2011). A lucrative trade in coral reef fish caught and sold live for
human consumption generates an annual value of US$1 billion (Muldoon, 2015).
The region also attracts tens of millions of visitors every year. The Pacific Asia Travel
Association estimates nature-based tourism in Coral Triangle countries is worth US$12
billion annually, with earnings shared by travel operators, tour guides, hotels, diving
operations and countless other businesses (Pet-Soede et al., 2011).