Economic Analysis of Mangrove Forests: A Case Study in Gazi Bay, Kenya

This study was undertaken as part of UNEP efforts of promoting forests as a significant green economy asset for Kenya. Forests should be taken into account when calculating the national accounts because the global rush for land and the increasing demand for agricultural products and urban infrastructure continue to intensify the pressure on tropical and coastal forests. The fact that forests provide goods and services which currently have no valued assigned to in economic markets exacerbates the deforestation and land conversion.