Wetlands, marshes, and bogs in Delaware provide significant economic value ranging from $1 billion to $3 billion annually and support 25,000 jobs with $568 million in wages in the state and surrounding region. This report examines the economic value of wetlands in Delaware in three ways:
Wetlands that cover about a quarter of the State of Delaware land mass provide significant economic benefits to the First State and are worthy of investment to keep these productive living resources healthy and productive. These estimates were made by utilizing values from the peer reviewed literature and existing studies and applying them to Delaware using ecological economics and benefits-transfer techniques described in this report. All values in are in 2010 dollars except where noted.
It is also important to note that the estimates presented in this report are not all inclusive due to a lack of data for some economic sectors. Some values were not included in these estimates because the data to assess them either are not readily available or do not exist. Regardless of the lack of data in some economic sectors, these estimates clearly indicate that Delaware wetlands contribute between $1 billion and $3 billion annually to the state and regional economy and support at least 25,000 jobs.