Economic Valuation of Mangrove-Fish Pond Interactions 2. Valuation of Wild Resources on the Hadejia-Jama'are Floodplain, Nigeria 3. A Case Study of Paragominas, Brazil. These include tidal wave control, a source of fuelwood and a breeding ground for many economically important species of fish.
Mangroves thus represent a substantial economic value based on both use and non-use functions.
Underestimation, in turn, provides an incentive for continuing encroachment of mangrove areas by other activities that provide higher private financial returns. Few attempts have been made to assess comprehensively the trade-offs between mangrove conservation and other activities and, therefore, the optimal use of these resources is not achieved. The long-term objective of the project is to improve the contribution of mangrove forests to sustainable development. A literature search will be conducted of previous estimates of economic value of mangroves. The project will then focus on a case study of the economic value of mangroves in a specific area of the Philippines.