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Valuing Ecosystem Services

2005-05-14 Science
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Release : 2005-05-14
Genre : Science
Kind : eBook
Book Rating : 18X/5 ( reviews)

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Book Synopsis Valuing Ecosystem Services by : National Research Council

Download or read book Valuing Ecosystem Services written by National Research Council. This book was released on 2005-05-14. Available in PDF, EPUB and Kindle. Book excerpt: Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

How Much is an Ecosystem Worth?

2005-01-01 Business
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Release : 2005-01-01
Genre : Business
Kind : eBook
Book Rating : 794/5 ( reviews)

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Book Synopsis How Much is an Ecosystem Worth? by :

Download or read book How Much is an Ecosystem Worth? written by . This book was released on 2005-01-01. Available in PDF, EPUB and Kindle. Book excerpt: "The international community has committed itself to achieve, by 2010, a significant reduction of the current rate of biodiversity loss at the global, regional, and national levels. Yet, despite growing awareness, and major efforts in all countries, the latest evidence indicates that biodiversity continues to be lost at a terrifying pace, resulting in what some call the greatest mass extinction since dinosaurs roamed the planet, 65 million years ago. A range of methods have been developed to value ecosystems, and the services they provide, as well as the costs of conservation. The methods available are increasingly sensitive, and robust, but they are often incorrectly used. One reason is poor understanding of the purposes of valuation and what questions it can, or cannot, answer. As a result, decision makers may get misleading guidance on the value of ecosystems, and their conservation. In this context, the Bank, IUCN-The World Conservation Union, and the Nature Conservancy have worked together to clarify the aims and uses of economic valuation, focusing on the types of questions that valuation can answer, and the type of valuation that is best suited to each purpose. How Much is an Ecosystem Worth? is the result of that cooperation. It aims to provide guidance on how economic valuation can be used to address specific, policy-relevant questions about nature conservation."

The Economics of Ecosystems and Biodiversity in National and International Policy Making

2012-09-10 Business & Economics
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Release : 2012-09-10
Genre : Business & Economics
Kind : eBook
Book Rating : 720/5 ( reviews)

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Book Synopsis The Economics of Ecosystems and Biodiversity in National and International Policy Making by : Patrick ten Brink

Download or read book The Economics of Ecosystems and Biodiversity in National and International Policy Making written by Patrick ten Brink. This book was released on 2012-09-10. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative drawing attention to local, national and global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, the benefits of investing in natural capital, and to draw together expertise from the fields of science, economics and policy to enable practical actions. Drawing on a team of more than one hundred authors and reviewers, this book demonstrates the value of ecosystems and biodiversity to the economy, society and individuals. It underlines the urgency of strategic policy making and action at national and international levels, and presents a rich evidence base of policies and instruments in use around the world and a wide range of innovative solutions. It highlights the need for new public policy to reflect the appreciation that public goods and social benefits are often overlooked and that we need a transition to decision making which integrates the many values of nature across policy sectors. It explores the range of instruments to reward those offering ecosystem service benefits, such as water provision and climate regulation. It looks at fiscal and regulatory instruments to reduce the incentives of those running down our natural capital, and at reforming subsidies such that they respond to current and future priorities. The authors also consider two major areas of investment in natural capital - protected areas and investment in restoration. Overall the book underlines the needs and ways to transform our approach to natural capital, and demonstrates how we can practically take into account the value of ecosystems and biodiversity in policy decisions - at national and international levels - to promote the protection of our environment and contribute to a sustainable economy and to the wellbeing of societies.

The Economic Value of Biodiversity

2013-11-05 Business & Economics
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Release : 2013-11-05
Genre : Business & Economics
Kind : eBook
Book Rating : 293/5 ( reviews)

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Book Synopsis The Economic Value of Biodiversity by : David Pearce

Download or read book The Economic Value of Biodiversity written by David Pearce. This book was released on 2013-11-05. Available in PDF, EPUB and Kindle. Book excerpt: Biodiversity loss is one of the major resource problems facing the world, and the policy options available are restricted by inappropriate economic tools which fail to capture the value of species and their variety. This study describes in non-technical terms how cost-benefit analysis techniques can be applied to species and species loss, and how they provide a measure of the efficiency of conservation measures. Only when conservation can be shown to pass such a basic economic test, the authors claim, will it be incorporated into policies.;David Pearce has also written Blueprint for a Green Economy.

The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations

2012-12-20 Business & Economics
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Release : 2012-12-20
Genre : Business & Economics
Kind : eBook
Book Rating : 801/5 ( reviews)

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Book Synopsis The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations by : Pushpam Kumar

Download or read book The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations written by Pushpam Kumar. This book was released on 2012-12-20. Available in PDF, EPUB and Kindle. Book excerpt: Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the United Nations Environment Programme to provide a comprehensive global assessment of economic aspects of these issues. This book, written by a team of international experts, represents the scientific state of the art, providing a comprehensive assessment of the fundamental ecological and economic principles of measuring and valuing ecosystem services and biodiversity, and showing how these can be mainstreamed into public policies. This volume and subsequent TEEB outputs will provide the authoritative knowledge and guidance to drive forward the biodiversity conservation agenda for the next decade.

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