Search

« Back to Publications

Time to share the wealth

Luke Preece and Penny van Oosterzee write in The Conversation (8.4.16) about Cape York Pensinsula’s rich natural ecosystems, and the potential economic benefits of conserving and turning them to more sustainable purposes, such as tourism and Indigenous land management.

‘Australia’s Cape York is one of the world’s most outstanding natural areas, a status recognised by the United Nations since the 1980s. Since then, there have been regular political tussles to recognise these values.

‘In the 19th century, Indigenous people were forcibly removed from the land. Aboriginal people have since regained ownership or control of about 40% of the peninsula.

‘Today, the area is dominated by mining and grazing, often in ways that don’t benefit local communities. Is this the best use of the land?

‘One way to answer this question is to look at the economic benefits of conserving the area. In a recently published paper, we estimated the value of Cape York’s ecosystems at between A$130 billion and A$512 billion per year. This is comparable to Queensland’s entire economy at A$295 billion per year.’

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.