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Posted: 2017-06-26T15:43:32Z | Updated: 2017-06-26T16:27:12Z

SYDNEY After back-to-back bleaching incidents, premature obituaries and general malaise surrounding the Great Barrier Reef , Australian economists said on Monday theyve given it a financial value should it disappear: a cool $42 billion.

A new report compiled by the accounting firm Deloitte declared the reef, the largest living structure on the planet and a UNESCO World Heritage Site , a natural asset too big to fail. The natural world wonder, it said, supports 64,000 jobs alone. Were it a standalone business, the reef would be one of the largest employers in Australia.

The video below references statistics in Australian dollars. Those figures have been converted to United States dollars throughout this story.

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