(2) PIETER VAN BEUKERING 30 NOVEMBER 2012 Analytical Framework 2 1. Local cultural & recreational values Interviewed 400 households Representative sample of Bonaire population Question on range of topics: • • • • Interaction with nature Expenditures Perception of threats & solutions Value of nature Applied choice modeling 3 4 Local Willingness to pay– ban on free roaming goats 100 90 WTP ($ per year) 80 70 60 Antilles Bonaire Caribbean Latin America Netherlands 50 40 30 20 10 0 Uncontrolled Complete ban grazing grazing 5 2. International tourism value Interviewed 250 online surveys and 800 exit surveys Representative sample of stayover and cruise tourists Question on range of topics: • • • • • Role nature in choice destination Type of nature related activities Expenditures Role of quality nature for revisit Value of nature Applied choice modeling 6 7 Outcome choice experiment Terrestrial Waste, water environment & energy 4% 8% Crowdedness 10% Priorities for all visitors Marine environment 42% Safety 36% 8 Differences in cruise and stay-over tourists Would you return to a more crowded Bonaire (50% more buildings/people)? Would you return with significantly degraded coral reefs? Crowdedness Degraded Reef 60% 60% 50% Maybe Maybe 50% No Maybe 40% No 40% Maybe Yes Yes No 30% Maybe Yes No 20% Yes 30% 20% Maybe Yes Yes 10% 10% 0% 0% Cruise Stay-over No No Cruise Stay-over 9 3. Fishery value Interviewed 40 professional fishermen & 400 recreational fishermen Representative sample of professionals/residents of Bonaire Question on range of topics: • • • • Catch performance Perceived state of fish stock Importance for income/subsistence Value of fishing Net factor income & choice modeling 10 Some insights in perception commercial fishermen One of the results: 43% of the fishermen believe overexploitation is the cause of decreasing catch Fishery value (in mln $) 0,25 Best year Worst year Age of fishermen 0,94 Commercial Recreational 11 4. Non-use value of BES in the Netherlands Interviewed 500 online surveys and 800 face-to-face surveys Representative sample of residents of the Netherlands Question on range of topics: • • • • Relative importance nature Type of nature related activities Exposure to BES islands Value of nature Applied choice modeling 12 13 Willingness to pay by Dutch residents WTP in principle for Dutch Nature 40% No 60% Yes Location for the improvement WTP in principle for Caribbean NL Nature 48% No 52% Yes Average per month The Netherlands €10.82 The Caribbean Netherlands €4.83 14 5. Putting value to use 15 Total Economic Value ($105 million/year) Bonaire’s GDP-2008 was estimated at US$224 million 16 Total Economic Value / Total Financial Value 17 Total Economic Value / Total Financial Value 18 Value mapping as tool for prioritization Tourism value map Fishery value map + Overlaying the value map with threat map points at intervention hotspots 19 TEV under different scenarios 120 USD (in millions) 100 80 Restoration 60 Baseline Conservation 40 Sewage 20 0 2010 2015 2020 2025 2030 Years 2035 2040 2045 20 Cost benefit analysis of various interventions 8 7 Restoration Sewage Treatment Benefit / cost ratio 6 5 4 3 2 1 0 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% Discount Rate 21 6. Putting value to use - in short Awareness (unknown = no value) Public Netherlands - film Public Bonaire - radio Practitioners – training Decision making Standard CBA for larger projects Damage assessment protocol Emergency plan Bonaire Sustainable Financing Update user fee system Solidarity payments from NL 22 Awareness raising • Develop educational tools for schools • Involve business in commoditization of ecosystem services • Explore options for real transition to a green island economy 23 Thank your for your attention! Please, visit our website for more information on this study. http://www.ivm.vu.nl/en/projects/Projects/economics/Bonaire/ 24