This story is part 2 of a series of 4. Read why the restoration of the Indian River Lagoon matters, and how partners are restoring fish reefs, clams, seagrass, and wetlands.
NOAA Fisheries’ Office of Habitat Conservation is funding 15 projects across Florida’s Indian River Lagoon to restore wetlands, seagrass beds, oyster reefs, and other key habitats after decades of decline. The work aims to strengthen fish and wildlife populations and improve water quality. It is also an economic investment with significant measurable returns for businesses and residents.
A recent economic analysis (PDF, 83 pages) by the Balmoral Group found that the lagoon generates $28.3 billion in local economic activity each year. On average, every dollar invested in restoration yields about $24 in public benefits.
“These numbers are shocking and impressive,” said NOAA Marine Habitat Resource Specialist Erin McDevitt, who is managing the NOAA restoration grant being implemented by the Indian River Lagoon Council. “This study shows investing in restoration isn’t just good for the lagoon, it’s good for the communities that depend on it.”
The Lagoon Supports Jobs, Fisheries, and More
The Indian River Lagoon supports commercial and recreational fisheries, outdoor recreation, tourism, and other industries. Together, these sectors sustain 128,000 jobs and generate $8.3 billion in wages annually.
The lagoon also provides billions of dollars in value through ecosystem services, the benefits nature provides to people. Seagrass, mangrove forests, and oyster reefs support fish populations. Wetlands reduce flooding and protect shorelines from erosion. Clams and oysters filter algae, sediment, and excess nutrients, improving water quality and clarity. Together, these services are valued at more than $10 billion annually.
Restoration Projects Show Strong Returns
Economic analysis of selected NOAA-funded restoration projects found that they are expected to generate substantial long-term benefits as the ecosystem recovers.
Across nine projects examined, researchers found that $4.6 million in restoration costs is expected to produce more than $106 million in ecosystem services. On average, every dollar invested in restoration yields about $24 in public benefits.
Over a 10-year period, these nine projects will generate:
- $25 million in fisheries productivity
- $8 million in flood protection benefits
- $13 million in property value improvements
- $20 million in recreation benefits
- $21 million water quality improvements
- $17 million wildlife habitat benefits
“People tend to think of restoration as a cost alone rather than considering long-term benefits and value,” said Duane De Freese, executive director of the Indian River Lagoon Council. “But when you look at what these habitats provide, it pays dividends.”
