Economic worth of living sharks (video)

It turns out that sharks are worth more alive than dead. According to a new study, a single shark is worth $1.9 million over its lifetime as a tourist attraction in the island nation of Palau. Sold for consumption the shark is worth around $108. In this case a shark is worth a stunning 17,000 times more alive than dead. Sharks worldwide are being decimated, largely for the Asian delicacy shark fin soup. Some populations have fallen by over 90%.

The study did not collect data on the shark’s economic worth as providing other ‘ecosystem services’.

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Left alive and wild, a single shark worth $1.9 million

(05/02/2011) For the Pacific island nation of Palau, sharks are worth much more alive than dead. A new study by the Australian Institute of Marine Science (AIMS) has found that one reef shark during its full life is worth $1.9 million to Palau in tourism revenue. Sold for consumption the shark is worth around $108. In this case a shark is worth a stunning 17,000 times more alive than dead.

Author: jlhance

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