CPD report describes the network of parks as Australia’s Insurance policy for a stable marine economy.

New paper reaches coastal communities through more than 25 regional newspapers

The new paper, by CPD fellow Caroline Hoisington, seeks to inform the public debate on the total worth of protecting our vulnerable marine ecosystems. Burdon’s article reiterates the gross economic, environmental and social benefits of the Marine network by highlighting Hoisington’s explanation of the parks as resource based insurance policies.

“Just as insurance premiums are far smaller than the value covered, the annual costs of running the Great Barrier Reef Park, for example, are less than 2% of what it contributes to Australia’s economy”, says Hoisington.

The paper featured in APN regional papers in Queensland and Northern NSW: South Burnett Times, Central Telegraph, Caboolture News, Central Queensland News, Gatton Lockyer and Brisbane Valley Star, Stanthorpe Border Post, The Ipswitch Advertiser, Noosa News, Surat Basin, The Reporter, The Satellite, Whitsunday Times, Bryon Shire News, Coolum and North Shore News, Ballina Shire Advocate, Northern Rivers Echo, The Range News, Sunshine Coast Daily, The Chronicle, Warwick Daily News, The Queensland Times, Daily Mercury, News Mail, Fraser Coast Chronicle, The Observer and The Gympie Times.

Download Insuring Australia’s marine future – OP26 – C Hoisington

Read the full article, “New research supports Marine Park Network policy” here