What Is It Worth? : Testing a Practical Approach to Assess and Value Natural Assets in Coastal Areas of Vietnam’s Quang Ninh Province and Tam Giang – Cau Hai Wetland in Thua Thien Hue Province
Inclusive and environmentally sound sustainable development requires managing natural resources that societies depend on for the long term. In the context of marine and coastal resources which provide an important source of income for large numbers...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC : World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099730206282231185/P1673070215db60b30923103d89c7ed39ab http://hdl.handle.net/10986/37695 |
| Summary: | Inclusive and environmentally sound
sustainable development requires managing natural resources
that societies depend on for the long term. In the context
of marine and coastal resources which provide an important
source of income for large numbers of households and revenue
for countries, this implies balancing the economic, social,
and environmental dimensions of the use of the natural
resources in marine and coastal areas. The term “blue
economy” is increasingly being used to describe this
balanced approach. For coastal countries such as Vietnam,
the importance of its marine economy is well known. The
country has used the goods and services provided by the
natural assets in its near-shore and coastal areas –
including fisheries, mangroves, wetlands, lagoons, and sandy
beaches – for tourism, production of seafood, and
controlling climate events that cause erosion and
weathering. This report focuses on testing a practical
approach to assess and value natural assets in select
coastal areas of Vietnam. The content of the report was
developed in close coordination with the provinces where the
work was conducted and involved collection of primary data
(during the time of COVID). The intention of this report is
to provide practical example of the type of data that can be
collected and compiled to estimate the extent and value of
key natural assets and inform decision making. |
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