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Kelp forests contribute $500 billion to global economy, study shows

Forests of golden kelp, a type of brown seaweed that grows in cooler waters, weave along the coastline of southern Australia. But many people aren’t even aware that it’s there, says Adriana Vergés. “I live in Sydney it’s Australia’s largest city and it has absolutely gorgeous kelp forests,” Vergés, a professor of marine […]

Scientists Estimate Sea Kelp Generates $500 Bn a Year

The study published in Nature Communications offered a rare gauge of the contribution from the tall seaweed, which is threatened by climate change, valuing it at three times the amount previously thought.

A forgotten and neglected ecosystem covers a third of Earth's coastlines, with a collective value of $500 billion

We cannot afford to ignore kelp – these vibrant underwater forests have sustained people and ecosystems for centuries, and continue to do so today.

Multi-Billion-Dollar Kelp Forests in Our Waters

World's kelp forests valued at half a trillion dollars, but Tasmania has lost nearly all of them!

Putting a price on nature is not something that our society is instinctively good at. But it’s something businesses will need to get a grasp on if they are to comply with the upcoming Taskforce on Nature-Related Disclosures framework, or participate in the federal government’s Nature Repair market.