Report has Fitzroy Delta worth $2.9 billion

THE Greater Fitzroy Delta has been valued at up to $2.9billion in its current, undeveloped state.

A Mainstream Economics report on the Delta and short film were released on Wednesday to highlight the need to protect the area from industrial development.

The Delta covers about 127,000ha of waterways, mangroves, bays and islands and filters water on its way to the Great Barrier Reef.

AMCS Great Barrier Reef campaign director Felicity Wishart said permanent protection measures were "urgently required" to reduce the risk of threats to the reef.

Ms Wishart said recently abandoned plans for a coal export port in the Keppel Bay and the Fitzroy Delta areas should not be revisited.

"The fate of the Caley Valley wetlands and Abbot Point show all too clearly how important it is to secure permanent protection for our fragile environment through expanded national and marine parks," she said.

"The government needs to show it is serious about protecting the health of the Reef by expanding Queensland's national parks and marine parks to guarantee the Delta's long-term protection.

"We believe that permanent protection for the Fitzroy is entirely compatible with ongoing recreational and commercial activities in the area."

The Observer's sister paper, the Morning Bulletin, contacted the Department of Environment and Heritage Protection, but had not received a response by the time of printing.