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Bahamas | Report: Lobster fishery supported by MPAs worth US$24M annually, & more would boost return

NASSAU, Bahamas - Marine Protected Areas safeguard about 6 million pounds of spiny lobster, worth almost 24 million dollars, every year. Protecting more breeding grounds would increase the annual output of this resource, according to a report commissioned by The Bahamas Protected project.

The “Economic Valuation of Ecosystem Services in Bahamian Marine Protected Areas” report was commissioned by The Bahamas Protected Project, a three-year initiative to manage and expand marine protected areas in the country in an effort to safeguard the economic value of marine ecosystems.