28 June 2007 | The Royal Gazette

Some might say you can’t put a price on the environment, and certainly the natural beauty of our Island can be described as 'priceless.'

This once neglected area of politics however, is about to get its own bargaining power through a two-year project to emphasise the value of the natural world and its resources in economic terms.

So how do you put a value on Bermuda's environment?

Up to 30 representatives from Government and NGOs met last week in an attempt to start the evaluation. They put forward 15 ecosystems or issues they felt were important to Bermuda, which were then whittled down to four. Over the next few weeks, conservation experts will choose one to be the subject of a two year scientific study.

The 'Economic Valuation of Bermuda's Environment' was organised by the Department of Conservation Services in conjunction with the Joint Nature Conservation Committee, which advises the UK Government on international conservation. MORE! »