This project aims to develop a Payment for Ecosystem Service for beachside hoteliers on the SIDS of Barbados to help maintain the coral reefs that act as natural shoreline protection. Based on State-of-the-Art science knowledge to identify where this ecosystem is maximized, the mechanism will allow the hoteliers to finance reef conservation and restoration activities.
Some of the expected outcomes of the project include: Improved coral reef health (i.e. live cover), improved structural ability of the reef to protect shorelines, scenic beauty and fish biomass, increased revenues and self-financing capacities of the Marine Management Authority charged with reef protection.