• Wed. May 29th, 2024

Economic Consequences of Water Quality: A Presentation by Matt DePaolis of the Sanibel-Captiva Conservation Foundation

BySamantha Jones

Mar 27, 2024
Discussion on April 6: Examining the Economic Effects of Water Quality | News, Sports, Jobs

The League of Women Voters of Lee County is hosting an event titled “The Impacts of Water Quality on the Economy” that is open to the public and League members. This event will take place on Saturday, April 6 from 9 to 11 a.m. at The Collaboratory at 2031 Jackson St. in Fort Myers. The program will start at 9:30 a.m., and attendees can choose to attend in person or via Zoom. To register for the event, individuals can visit Eventbrite, email lwvlee@lwvlee.org, or call 239-278-1032.

Matt DePaolis, the environmental policy director at the Sanibel-Captiva Conservation Foundation, will present the economic impact findings from the recent study titled Impacts of Water Quality on the Southwest Florida Economy. This study was conducted by Greene Economics and commissioned by Captains for Clean Water, the Conservancy of Southwest Florida, and the Sanibel-Captiva Conservation Foundation.

The study highlighted the devastating economic consequences of Harmful Algae Blooms (HABs) in Lee County. Estimated losses from another HAB include $195 million in recreational and commercial fishing revenues and expenditures, potentially leading to the loss of 24,808 jobs and $3 billion in output. Property values are estimated to drop by $3.8 billion, resulting in a loss of $21.4 in property tax revenue. Additionally, the study estimated a loss of $5.3 billion in non-market recreation value (quality of life).

As the Policy Director at the Sanibel-Captiva Conservation Foundation, Matt DePaolis utilizes his expertise in environmental and marine biology to advocate for policy changes based on SCCF’s scientific research. DePaolis has a background in field biology, marine biology, ocean and coastal law before joining SCCF he worked on various research

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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