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Other Resource Economics Studies

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A number of economic studies have been conducted in the region in recent years to support improved waste management practices, as well as improved management of coral reefs and mangroves. A list of these studies is provided below, and where possible, links to the full text reports have been provided. Links to recently published environmental economics toolkits are also included on this page.

Economics of Waste Management

Hajkowicz and Okotai, 2005. An Economic Valuation of Watershed Management in Rarotonga, Cook Islands. CSIRO Sustainable Ecosystems, Brisbane, Australia.
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Hajkowicz, Tellames and Aitaro, 2005. Economic Cost Scenarios for Solid Waste Related Pollution in Palau. SPREP IWP-Pacific Technical Report.
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Lal, P., Saloa, K. and Uili, F., 2006. Economics of Liquid Waste Management, Funafuti, Tuvalu. SPREP IWP-Pacific Technical Report 36.
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Lal and Takau, 2006. Economic Costs of Waste in Tonga. SPREP IWP-Pacific Technical Report
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Economics of Coral Reefs

Jacobs et al., 2004. Economic Valuation of Coral Reefs and Adjacent Habitats in American Samoa. Report prepared for the Department of Commerce, American Samoa.
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Lal,P. and A. Cerelala, 2005. Financial and Economic Analysis of Wild Harvest and Cultured Live Coral and Live Rock in Fiji. Report prepared for FSPI, SPREP and Department of Environment, Ministry of Lands and Mineral Resources, Fiji
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Lal, P. Coral Reef Use and Management- The Need, Role and Prospects of Economic Valuation in the Pacific. In: Ahmed, Chong & Cesar (Eds)
Economic Valuation and Policy Priorities for Sustainable Management of Coral reefs, WorldFish? Centre
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Van Beukering, P. et al., 2006. The Economic Value of the Coral Reefs of Saipan, Commonwealth of the Northern Mariana Islands. Report prepared by Cesar Environmental Consulting.
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Van Beukering, P. et al., 2005. The Economic Value of Guam’s Coral Reefs. Draft report, University of Guam.

Cesar, Van Beukering, Pintz and Dierking, 2002. The Economic Value of the Coral Reefs of Hawaii. Report prepared for NOAA and University of Hawaii.
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Economics of Mangroves

Lal, P., 2003. Economic Valuation of Mangroves and Decision-Making? in the Pacific. Ocean and Coastal Management 46, pp.823-844.

Naylor, R. and Drew, M., 1998. Valuing Mangrove Resources in Kosrae, Micronesia. Environment and Development Economics. 3, pp. 471-490.

Economics of Protected Areas

Iverson, T., 2008. The Economic Impact of a Proposed Mariana Trench Marine National Monument: An Exploratory Study. Report prepared for the Pew Centre for Environment.
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Van Beukering and Cesar, 2004. Economic Analysis of Marine Managed Areas in the Main Hawaiian Islands. Report prepared for NOAA.
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Economic Value of Marine and Terrestrial Resources

Mohd-Shahwahid? and McNally?, 2001. An Economic Valuation of the Terrestrial and Marine Resources of Samoa. Report prepared for the Division of Environment and Conservation, MNRE Samoa, WWF-UK and WWF-South Pacific
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Environmental Economics Toolkits

United Nations Development Programme, 2007. Environmental Economics Tool Kit: Analyzing the Economic Costs of Land Degradation and the Benefits of Sustainable Land Management
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Joint Nature Conservation Committee, 2007. Valuing the Environment in Small Islands - An Environmental Economics Toolkit
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Last Updated on Thursday, 06 November 2014 07:32  


Newsflash

Rarotonga, Cook Islands 29/08/12 -  At the 43rd Pacific Islands Forum meeting here in Rarotonga this week, a unique event was witnessed when the Leaders of seven (7) Pacific Island Countries signed and exchanged a total of eight (8) Maritime Boundary Agreements which will bring state-of-the-art accuracy and legal clarity to the boundary positions between several overlapping jurisdictions of neighbouring Pacific Island Countries.

This multiple signing event is a remarkable testament of the close kinship and excellent neighbourly relationships between Pacific Islands Countries and underlines their ability to work together in a spirit of equitable and unified progress. By clearly establishing these boundaries and zones under domestic and international law, as set out in the 1982 United Nations Convention on the Law of the Sea (UNCLOS), the signing of these agreements will provide the foundation for improved governance, protection, conservation and management of resources within respective national jurisdictions.

The seven (7) bilateral treaties were signed by the leaders of the Cook Islands, Niue, Kiribati, Tokelau, Tuvalu, Nauru and the Marshall Islands. In addition, the leaders of Kiribati, Marshall Islands and Nauru agreed to an additional tri-lateral treaty concerning the determination of a point where the Exclusive Economic Zones (EEZs) of all three (3) countries intersect, referred to as a “Tri-junction point”.

The successful preparations of these agreements leading up to the signing event have been a result of the excellent collaborative work between the respective technical and legal country teams and the regional coordination and collaboration with the Applied Geoscience & Technology Division (SOPAC) of the Secretariat of the Pacific Community (SPC), the Pacific Islands Forum Fisheries Agency (FFA), Geoscience Australia, the Government of Australia’s Attorney General’s Office and the Commonwealth Secretariat. The regional funding support towards these SPC activities is provided by AusAID.