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The Economic Value Of The Delaware Inland Bays
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2020
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Description:Delaware Inland Bays are a valuable resource that contribute to the economic health and wellbeing of Sussex County and the state of Delaware. In their current condition, the Bays support a wealth of economic activity, including tourism and recreation, a vibrant real estate market, numerous service industries, and an emerging commercial aquaculture industry. However, these contributions are dependent on the quality of the water within the Inland Bays and the associated services provided by a healthy coastal ecosystem, conditions which are impacted by human activity and resource management decisions. This report establishes the value of these assets and their contribution to the economy under existing conditions, which are considered impaired. Case studies are presented to demonstrate potential economic gains that could be realized should water quality conditions improve through implementation of the Inland Bays Pollution Control Strategy. These efforts are intended to provide context for discussions between the public, resource managers, and policy makers that can inform future action. The following sections present key findings and the methods used to estimate the economic value of the Bays under each scenario.
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Rights Information:CC0 Public Domain
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Compliance:Submitted
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