05. Asked in Economics, Corals and Coral Reefs Motupore Island Research Centre Educational Awareness Information Sheet 5 THE IMPORTANCE OF CORAL REEFS Motupore Island Research Centre, University of … Coral reefs are of substantial social, cultural, and economic importance. Biodiversity: Coral reefs are essential spawning, nursery, breeding, and feeding grounds for numerous organisms.In terms of biodiversity, the variety of species living on a coral reef is greater than in any other shallow-water marine ecosystems and is one of the most diverse on the planet, yet coral reefs cover less than one tenth of one percent of the ocean floor. Coral reefs create an annual income in S-Florida alone of over $4 billion. Coral reefs are one of the most biologically diverse ecosystems in the world – they occupy less than 1% of the ocean floor, but are inhabited by at least 25% of all marine species. Due to their unique complexity and diversity, coral The importance of coral reefs. Indeed, the food of coral formations by the hordes of parrotfish led to the formation of very large tracts of sand and by the action of currents, leads to the formation of shoals, islands and especially in areas prone to the formation of mangroves and other coastal forests. A lot of people around the world are dependent, or partly dependent, on coral reefs for their livelihoods. Indeed, the food of coral formations by the hordes of parrotfish led to the formation of very large tracts of sand and by the action of currents, leads to the formation of shoals, islands and especially in areas prone to the formation of mangroves and other coastal forests. The Importance of Coral Reefs: Biodiversity • Only a very tiny portion of the sea bottom is covered by coral reefs (0.09%) with a total area about the size of Arizona or the UK • Yet, they’re home or nursery ground for 25% of all known marine species and (probably over one million species). The economic importance of coral reefs. Scientists estimate that there are one to eight million undiscovered species living in and around the reef. McManus, in Encyclopedia of Ocean Sciences (Second Edition), 2001. 1.1. Many people love to swim and float over the coral reefs and enjoy the many colours and magnificent shapes and diversity they show. They are the basis for the formation of other ecosystems. Coral reefs often host juvenile fish that live further offshore. importance of comparing local production on artifi-cial and natural habitats at that scale. Importance of Coral Reefs Coral reefs occupy less than one quarter of one percent of the Earth’s marine environment, yet they contain a wealth of biodiversity. Thirty-two of the 33 animal phyla are found on coral reefs, compared with nine in tropi-cal rain forests. Coral reefs contribute billions of dollars to world economies each year. The increasing frequency and severity The continued decline and loss of coral reef ecosystems will have significant social, cultural, economic and ecological impacts on people and communities in the U.S. and around the world. Reefs are home to more than one quarter of all known marine fish species and tens of thousands of other species, many of which are found nowhere else on earth. 05. And interestingly coral reefs are most likely to have formed where an oceans’ currents and waves are the most powerful. Many people love to swim and float over the coral reefs and enjoy the many colours and magnificent shapes and diversity they show. Coral reefs are some of … Reefs are home to more than one quarter of all known marine fish species and tens of thousands of other species, many of which are found nowhere else on earth. People should be warned not to extract coral reefs to be used as building material.

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