Start of the Marie Curie Intra European Fellowship BIOCORE – Biodiversity conservation and valuation of coral reef goods and services under climate change
On March 1, a Marie-Curie research fellow joined FEEM to work on the BIOCORE project: Biodiversity conservation and valuation of coral reef goods and services under climate change.
Coral reef ecosystems are reported to be the richest bio-diverse group in the world, mainly located in developing countries. The BIOCORE project aims to assess the value of biodiversity in coral reefs to the environment, economy and human well-being, based on an integrated ecosystem approach which considers also the effects of climate change. In particular, the project focuses on the assessment of the social costs of policy inaction in biodiversity conservation, by integrating economic valuation techniques with policy scenarios, supported by up-to-date data and indicators.