Everglades Foundation Releases Study Detailing Financial Benefits of Restoration
The Everglades Foundation recently released the results of an analysis of the financial return on investment generated by restoration of the Everglades. According to the study, conducted by Mather Economics, restoration will produce an increase in economic benefits of approximately $46.5 billion.
The study shows that for every dollar spent on Everglades restoration as part of the Comprehensive Everglades Restoration Plan, $4.04 will be generated in economic benefits. Projections indicate that there will be an incremental impact on employment of about 442,644 additional jobs over 50 years. The U.S. Army Corps of Engineers also estimates there will be 22,966 new jobs created as a result of actual restoration projects.
“Measuring the Economic Benefits of America’s Everglades Restoration: An Economic Evaluation of Ecosystem Services Affiliated with the World’s Largest Ecosystem,” is available at www.evergladesfoundation.org.