The Value of U.S. Coral Reefs for Risk Reduction

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Summary of the report, “Rigorously valuing the role of U.S. coral reefs in coastal hazard risk reduction”

    Value of US Coral Reefs for Risk Reduction

    Report summary pamphlet, Front and Back

    Key Points:

    • The social and economic benefits provided by all U.S. reefs were rigorously assessed across more than 3,100 km (>1,900 miles) of coastline using hydrodynamic models coupled with census data.
    • Annually U.S. coral reefs provide flood protection benefits to more than 18,100 people and $1.8 billion in averted damages to property and economic activity.
    • With a 1-m loss in reef height, the 100-year floodplain would increase across the U.S. by 104 km2, imperiling 51,000 more people and $5 billion in property and economic activity.
    • This study provides the most comprehensive set of flood risk maps across all US coral reef coastlines and the first ever national-scale quantification of flood protection benefits provided by coral reefs.

    The degradation of coral reefs raises flood risks by increasing the exposure of coastal communities to storms.

    The coastal protection benefits of coral reefs and other natural defenses are not usually assessed in the same rigorous, economic terms as artificial defenses such as seawalls, and therefore often not considered as an option in hazard management decisions. In this study, we combine engineering, ecologic, social, and economic data and tools to provide a rigorous valuation of the coastal protection benefits of U.S. coral reefs across Hawaii, Florida, Guam, American Samoa, Puerto Rico, the U.S. Virgin Islands, and the Commonwealth of the Northern Mariana Islands (CNMI).

    Coral reefs act like submerged breakwaters by breaking waves and dissipating their energy offshore before they flood coastal properties and communities. This is an enormously valuable function. In 2017, Hurricanes Harvey, Irma and Maria alone caused over $265 billion in damage across the nation.

    In this report, we demonstrate that coral reefs provide the U.S. with more than $1.8 billion dollars in flood protection benefits every year. They reduce direct flood damages to public and private property worth more than $800 million annually, and help avert other costs to lives and livelihoods worth an additional $1 billion. Coral reefs annually protect $184 million worth of buildings and economic activity in Puerto Rico, $675 million in Florida and $836 million in Hawaii.      

    These are not ‘back of the envelope’ numbers. Flood risk was assessed using sophisticated hydrodynamic models and more than 60 years of hourly wave data for U.S. coral reef coast lines – a total area of over 3,100 km (>1,900 miles) of shoreline. We developed flood risk maps projecting the extent and depth of flooding that would occur across a range of storms from the more commonly occurring to the catastrophic, with and without the top 1 m of coral reefs. These flood risk maps were combined with the latest information from the U.S. Census Bureau and the Federal Emergency Management Agency to identify people and properties at risk – and benefiting from the presence of coral reefs – in each location.

    Rigorously valuing coral reef benefits in this way is a key step toward mobilizing resources to protect them. These maps and values can be used to inform:

    • storm response actions & recovery funding
    • coral reef conservation areas
    • public & private insurance incentives
    • benefit : cost analyses for reef restoration
    • the consideration of reefs as national infrastructure

     

    Report Summary Pamphlets by Territory Report Maps by Territory
    American Samoa, Front and Back
    Florida, Front and Back
    Guam and the CNMI, Front and Back
    Hawaiʻi, Front and Back
    Puerto Rico, Front and Back
    US Virgin Islands, Front and Back
    American Samoa
    Florida
    Guam and the CNMI
    Hawaiʻi
    Puerto Rico
    US Virgin Islands                                     

     

    Storlazzi, C.D., Reguero, B.G., Cole, A.D., Lowe, E., Shope, J.B., Gibbs, A.E., Nickel, B.A., McCall, R.T., van Dongeren, A.R., Beck, M.W., 2019, Rigorously valuing the role of U.S. coral reefs in coastal hazard risk reduction: U.S. Geological Survey Open-File Report 2019–1027. Find the report at: https://doi.org/10.3133/ofr20191027

    Watch our video below, to learn more.

    Video Transcript

    The degradation of coastal habitats, particularly coral reefs, raises risks by increasing the exposure of coastal communities to flooding hazards during storms. The protective services of these natural defenses are not assessed in the same rigorous economic terms as artificial defenses, such as seawalls, and therefore often are not considered in decision-making. Here we combine engineering, ecologic, geospatial, social, and economic tools to provide a rigorous valuation of the coastal protection benefits of all U.S. coral reefs in the States of Hawaiʻi and Florida, the territories of Guam, American Samoa, Puerto Rico, and Virgin Islands, and the Commonwealth of the Northern Mariana Islands. We follow risk-based valuation approaches to map flood zones at 10-square-meter resolution along all 3,100+ kilometers of U.S. reef-lined shorelines for different storm probabilities to account for the effect of coral reefs in reducing coastal flooding. We quantify the coastal flood risk reduction benefits provided by coral reefs across storm return intervals using the latest information from the U.S. Census Bureau, Federal Emergency Management Agency, and Bureau of Economic Analysis to identify their annual expected benefits, a measure of the annual protection provided by coral reefs. The annual value of flood risk reduction provided by U.S. coral reefs is more than 18,000 lives and $1.805 billion in 2010 U.S. dollars. These data provide stakeholders and decision makers with spatially explicit, rigorous valuation of how, where, and when U.S. coral reefs provide critical coastal storm flood reduction benefits, and open up new opportunities to fund their protection and restoration. The overall goal is to ultimately reduce the risk to, and increase the resiliency of, U.S. coastal communities. Learn more at: https://www.usgs.gov/centers/pcmsc/science/value-us-coral-reefs-risk-red... and https://pubs.er.usgs.gov/publication/ofr2019102

    View the audio-described version.

    Jessica Kendall-Bar, UC Santa Cruz

    (Some content used with permission)