Rigorously valuing the impact of projected coral reef degradation on coastal hazard risk in Florida

The degradation of coastal habitats, particularly coral reefs, raises risks by increasing the exposure of coastal communities to flooding hazards. In the United States, the physical protective services provided by coral reefs were recently assessed, in social and economic terms, with the annual protection provided by U.S. coral reefs off the coast of the State of Florida estimated to be more than 5,600 people and $675 million (2010 U.S. dollars). Degradation of coral reef ecosystems over the past several decades and during tropical storm events has caused regional-scale erosion of the shallow seafloor that serves as a protective barrier against coastal hazards along Southeast Florida, increasing risks to coastal populations. Here we combine engineering, ecologic, geospatial, social, and economic data and tools to provide a rigorous valuation of the increased hazard faced by Florida’s reef-fronted coastal communities because of the projected degradation of its adjacent coral reefs. We followed risk-based valuation approaches to map flood zones at 10-square-meter resolution along all 430 kilometers of Florida’s reef-lined shorelines for both the current and projected future coral reef conditions. We quantified the coastal flood risk increase caused by coral reef degradation using the latest information from the U.S. Census Bureau, Federal Emergency Management Agency, and Bureau of Economic Analysis for return-interval storm events. Using the damages associated with each storm probability, we also calculated the change in annual expected damages, a measure of the annual protection lost because of projected coral reef degradation. We found that degradation of the coral reefs off Florida increases future risks significantly. In particular, we estimated the protection lost by Florida’s coral reefs from projected coral reef degradation will result in: