Pichavaram Mangrove Valuation: TEV Put at ₹2,485 Crore
Why in the news
A fresh valuation exercise put a rupee figure on the Pichavaram mangroves, underlining how much carbon storage contributes to their worth.
Key facts
- The Total Economic Value (TEV) of the mangroves was estimated at ₹2,485.38 crore.
- Each hectare carries a value of ₹1.83 crore.
- Soil organic carbon stock stands at 251.14 tonnes/ha.
- The blue carbon component is valued at ₹1,612.40 crore, about 65% of the total.
| Parameter | Figure |
|---|---|
| Total Economic Value | ₹2,485.38 crore |
| Value per hectare | ₹1.83 crore |
| Soil organic carbon stock | 251.14 tonnes/ha |
| Blue carbon asset value | ₹1,612.40 crore (about 65%) |
Significance
- The numbers show that mangrove protection and carbon storage carry real economic weight, not just ecological value.
Exam angle
- Site studied: Pichavaram mangroves.
- Valuation concept: Total Economic Value (TEV).
- Carbon term: blue carbon, which makes up the bulk of the estimated value.