Great Barrier Reef a $42 billion asset ‘too big to fail’: study

Great Barrier Reef a $42 billion asset ‘too big to fail’: study
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Martin PARRY,AFP•June 25, 2017

Australia’s under-pressure Great Barrier Reef is an asset worth Aus$56 billion (US$42 billion) and as an ecosystem and economic driver is “too big to fail”, a study said Monday. The World Heritage-listed reef is the largest living structure on Earth and its economic and social value was calculated for the first time in the Deloitte Access Economics report commissioned by the Great Barrier Reef Foundation…

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