New Project Aims to Value Coral Reef’s ‘Natural Blue Capitol’

by | Jul 10, 2014 | Conservation, Corals | 0 comments

downloadThe governments of the Philippines and Australia collectively have launched a new project, The Capturing Coral Reef and Related Ecosystem Services (CCRES), that aims to quantify the market value of the Country’s coral reef and mangroves, also known as ‘natural blue capital’. The study will be research based, focused on the effects of services provided by healthy coral reef and mangrove ecosystems. The director of the Biodiversity Management Bureau, Theresa Mundita Lim, said “The project will help us convince stakeholders that the environment is a good investment as it benefits the communities,” Lim said. The project will start in the El Nido region of the Philippines, a protected area which covers over 140 square miles. Hopefully this project will be succesful in leading the way for sustainable enterprises that can lesson climate change effects and protect our reefs.

  • Francis Yupangco

    Francis is a marine biologist with an MBA and over 20 years of professional aquarium experience. Francis is the former Aquatic Development Manager at Hagen USA., makers of Fluval brand aquarium products. He co-stars on Nat Geo WILD's reality TV series Fish Tank Kings where he is the resident "Fish Geek" and was Director of Marketing at Living Color Aquariums. He is an avid explorer having visited over 45 countries and lived in 7. At 17, he was among the youngest aquarists ever hired by the Vancouver Aquarium, where he worked for 7 years. His aquatic biology experience ranges from larval fish rearing to the design, construction and operational management of renowned public aquariums around the world. Francis is currently head of marketing at the world's largest vertically integrated fish farming company.


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