Economic Effects of Water Quality to be Debated on April 6 | Local News, Sports, Employment

The League of Women Voters of Lee County is hosting a unique and informative discussion titled “The Impacts of Water Quality on the Economy”. This event is open to the public as well as League members and will take place on Saturday, April 6 from 9 to 11 a.m. at The Collaboratory located at 2031 Jackson St in Fort Myers. The program will start at 9:30 a.m., and attendees can participate either in person or via Zoom. To register, participants can do so through Eventbrite, via email at lwvlee@lwvlee.org, or by calling 239-278-1032.

Matt DePaolis, the environmental policy director at the Sanibel-Captiva Conservation Foundation (SCCF), will be presenting the economic impact findings from the recent study on “Impacts of Water Quality on the Southwest Florida Economy”, along with recommendations for policy advocacy and community engagement. 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.

One of the key points of discussion will be the devastating economic consequences of Harmful Algae Blooms (HABs). In Lee County alone, estimated losses from a single HAB amount to $195 million in recreational and commercial fishing revenues and expenditures. The potential loss of jobs in a year is estimated at 24,808, with an overall loss in output valued at $3 billion. Property values are estimated to decrease by $3.8 billion, resulting in $21.4 million in lost property tax revenue. Additionally, the loss in quality of life due to non-market recreation is valued at $5.3 billion

By Sophia Gonzalez

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