Marine assets

The marine and coastal environment generates multiple benefits for the Balearics’ economy and society

The marine and coastal environment generates multiple benefits for the Balearics’ economy and society. It is necessary to have clear, organised information in order to know if the Balearics’ natural marine assets are rising or falling in value. Marilles is behind a study with the UIB (University of the Balearic Islands), the Socio-Environmental Observatory of Menorca (OBSAM, Observatorio Socio-Ambiental de Menorca) and the British consultancy firm EFTEC in order to lay down the foundations for accounts as regards the Balearics’ natural marine capital.

The first stage involves introducing the concept of natural marine capital accounts via three case studies by focussing on the three key natural resources for the Balearics’ economy (the posidonia meadows, the fishery stocks and the coastline) and on mapping all of the existing information about the area and the state of the Balearics’ marine and coastal habitats.

The second stage will concentrate on drawing up a project to lay down the foundations for a report on the state of the Balearic Sea that may then be updated regularly; and on setting up an environmental marine accountancy system for the Balearics. In order to design and carry out these projects, it will be necessary for all of the islands’ scientific institutions and government administrations to take part.