Putting a Dollar Figure on Protection From Coral Reefs Pr. Mike Beck

Coral Reefs Prevent Over  $5.3 Billion in Potential Flood Damage for U.S. Property Owners

Habitats, such as coral reefs, can mitigate increasing flood damages through coastal protection services. In a paper published on April 15th, 2021 in Nature Sustainability, a research team led by Professor Mike Beck, AXA Chair on Building Coastal Resilience Naturally, provides a fine-scale, national valuation of the flood risk reduction benefits of coral habitats to people, property, economies and infrastructure. This quantification of spatial risk reduction can help to prioritize joint actions in flood management and environmental conservation, opening new opportunities to support reef management with hazard mitigation funding.

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April, 2021