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    • Visiting water bodies worth £700bn to economies
     
    March 10, 2021

    Visiting water bodies worth £700bn to economies

    NewsWater

    From University of Exeter

    Europeans spend more than £700 billion (€800bn) a year on recreational visits to water bodies – but perceived poor water quality costs almost £90 billion (€100bn) in lost visits, a new study has found. 

    The new research – led by a European collaboration involving the University of Exeter and the University of Stirling – used data from 11,000 visits in 14 different countries to analyse the economic value of water bodies, such as rivers, lakes, waterfalls, beaches and seaside promenades.

    The research team estimated that people spend an average of £35 (€40) travelling to and from these sites, with a typical family making 45 such trips each year.

    The team also found that people were much less likely to visit sites if the perceived water quality fell, at a cost of well over €100 billion per year. The finding highlights the importance of maintaining and improving high bathing water quality standards.

    Published in Science of the Total Environment, the team’s calculations indicate that, across Europe, total expenditure relating to trips to water-based settings is in excess of £700 billion annually

    Read more here

    Tagged: Economic, Exeter, Recreation, Water quality

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