Supporting Resilient Coastal Economies in Vietnam : PART A : Practical Guidance for Assessing the Value of Key Natural Assets in Coastal Areas
Inclusive and environmentally sound sustainable development requires managing natural resources that societies depend on for the long term. In the context of marine and coastal resources which provide an important source of income for large numbers...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC : World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099730006282229022/P16730703284960a00a08a083e5c3f7fa8b http://hdl.handle.net/10986/37694 |
| Summary: | Inclusive and environmentally sound
sustainable development requires managing natural resources
that societies depend on for the long term. In the context
of marine and coastal resources which provide an important
source of income for large numbers of households and revenue
for countries, this implies balancing the economic, social,
and environmental dimensions of the use of the natural
resources in marine and coastal areas. The term “blue
economy” is increasingly being used to describe this
balanced approach. For coastal countries such as Vietnam,
the importance of its marine economy is well known. The
country has used the goods and services provided by the
natural assets in its near-shore and coastal areas –
including fisheries, mangroves, wetlands, lagoons, and sandy
beaches – for tourism, production of seafood, and
controlling climate events that cause erosion and
weathering. This report focuses on adapting guidance for the
valuation of key natural assets in coastal areas to
Vietnam’s context, considering data availability and the
nature of the natural assets in the country. The content of
the report was developed following efforts to value natural
assets in coastal areas in selected locations in Vietnam
with the intention of providing relevant guidance for
scaling out such efforts and ensuring they are done in a
systematic manner and can inform the implementation of the
Marine Strategy to 2030 with a view to 2045. |
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