What you need to know - a summary

Deloitte Access Economics has been commissioned by the Great Barrier Reef Foundation to estimate the total economic value of the Reef.

The study is being undertaken with the support of the National Australia Bank and the community of people and organisations that work on and for the Reef.

This report will seek to deliver a comprehensive and forward facing analysis on the economic value of the Reef by:

  • Quantifying the direct economic contribution of the Reef by building on the Economic Contribution of the Great Barrier Reef 2013 report by Deloitte Access Economics; and
  • Capturing the social and cultural value of the Reef as a natural asset and Australian icon. In reporting on this value, it should inform future policy settings and assist industry, government, the science community and the wider public to fully understand the contribution of the Great Barrier Reef to the economy and society. 
Tourism

Tourism

Background

In 2009, the Foundation commissioned Oxford Economics to undertake an analysis of the total economic value of the Great Barrier Reef and the effects of bleaching in 2009. 

Deloitte Access Economics were engaged by the Great Barrier Reef Marine Park (GBRMPA) in 2013 to undertake an analysis of the annual economic contribution of the Great Barrier Reef.

Given the significance of the recent bleaching event and a heightened public dialogue about whether enough is being done to protect our Reef, the Foundation commissioned Deloitte Access Economics to prepare a new report that provides the total economic value of the Great Barrier Reef. 

Education

Education

Timing

This study began in late 2016. 

Currently the project is in the primary research phase and a survey is going out with results expected back to Deloitte Access Economics in April 2017.

Following the research and analytical phase, it is expected the final report will be launched in June 2017.

Land use

Land use

Biodiversity

Biodiversity

Partners