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Wetlands prevent hurricane damage. Economists now know how much

Wetlands
Wetlands

by Eric Roston, Bloomberg Green


Highlights:

According to a new study, wetland preservation will be increasingly important to protect Atlantic and Gulf Coast communities against hurricanes and cyclones.

  • The study evaluates how much wetlands are worth based on the cost of the damage caused by storms
  • One square kilometer of wetlands is worth almost $2 million a year in storm protection
  • Florida could have avoided $430 million in damages during Hurricane Irma if 2.8% of their wetlands were not lost 
  • Climate change is partially responsible for habitat loss in the Northeast of the US

Wetland preservation is also directly tied to carbon sequestration. When wetlands are lost, so are carbon sinks. The Climate Center advocates for funding for resilience measures in every community by 2025. 


Read more: https://www.bloomberg.com/news/articles/2020-03-02/wetlands-prevent-hurricane-damage-economists-now-know-how-much?sref=ABTRBDIh