Economic Valuation And The Natural World
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| Author | : William Ginn |
| Publisher | : Island Press |
| Total Pages | : 242 |
| Release | : 2020-05-21 |
| Genre | : Business & Economics |
| ISBN | : 1642830917 |
As the world faces unprecedented challenges such as climate change and biodiversity loss, the resources needed far outstrip the capabilities of nonprofits and even governments. Yet there are seeds of hope—and much of that hope comes from the efforts of the private sector. Impact investing is rapidly becoming an essential tool, alongside philanthropy and government funding, in tackling these major problems. Valuing Nature presents a new set of nature-based investment areas to help conservationists and investors work together. NatureVest founder William Ginn outlines the emerging private sector investing opportunities in natural assets such as green infrastructure, forests, soils, and fisheries. The first part of Valuing Nature examines the scope of nature-based impact investing while also presenting a practical overview of its limitations and the challenges facing the private sector. The second part of the book offers tools for investors and organizations to consider as they develop their own projects and tips on how nonprofits can successfully navigate this new space. Case studies from around the world demonstrate how we can use private capital to achieve more sustainable uses of our natural resources without the unintended consequences plaguing so many of our current efforts. Valuing Nature provides a roadmap for conservation professionals, nonprofit managers, and impact investors seeking to use market-based strategies to improve the management of natural systems.
| Author | : David William Pearce |
| Publisher | : World Bank Publications |
| Total Pages | : 71 |
| Release | : 1992 |
| Genre | : Analisis costo-beneficio |
| ISBN | : |
Economic valuation can help improve decisions about protecting the environment . By inputing values to unpriced goods, it can make public choices more cost-efficient and thus allow limited public income to be optimally spent.
| Author | : National Research Council |
| Publisher | : National Academies Press |
| Total Pages | : 166 |
| Release | : 1999-10-01 |
| Genre | : Science |
| ISBN | : 030906581X |
Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.
| Author | : Robert Fish |
| Publisher | : CRC Press |
| Total Pages | : 144 |
| Release | : 2022-11-11 |
| Genre | : Nature |
| ISBN | : 1000428567 |
When a group of liberal arts students embark on a university assignment about the natural environment, no one could have quite prepared them for the bewildering array of questions and provocations to confront them in their task. What starts out as an earnest attempt to understand nature in the modern world, turns into a philosophical and practical tangle that only a good transdisciplinary education can provide. Can anyone save the day and actually start to value ‘nature’? And if they can’t, then what’s stopping them? The idea of ‘valuing nature’ harmonises diverse areas of natural resource management and is an important dimension of scientific and practical work concerned with managing ecosystems and habitats for sustainability. This graphic book takes the reader on an exploration of the issues that arise from this growing interest and concern in the valuation of nature. Set around the premise of a ‘motley’ group of undergraduates endeavouring to complete a university assignment on ‘nature in the modern world’, the book explores: the many and diverse meanings people assign to nature the different ways the relationship between people and nature might be characterised the many values systems people hold for the natural world the options and approaches society can deploy to manage it the extent to which we need entirely new economic systems to protect and sustain nature. This highly interdisciplinary book invites consideration of a range of philosophical and applied debates and questions. Written in an accessible style, it is an ideal undergraduate text in the fields of ecology, human and physical geography, conservation science, environment, social science and spatial planning, as well as a general primer for graduate natural and social scientists embarking on interdisciplinary research in the natural resource management arena.
| Author | : National Research Council |
| Publisher | : National Academies Press |
| Total Pages | : 291 |
| Release | : 2005-05-14 |
| Genre | : Science |
| ISBN | : 030909318X |
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.
| Author | : Edward Barbier |
| Publisher | : |
| Total Pages | : 146 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : |
| Author | : Mark R. Tercek |
| Publisher | : Basic Books |
| Total Pages | : 272 |
| Release | : 2013-04-09 |
| Genre | : Business & Economics |
| ISBN | : 0465046967 |
What is nature worth? The answer to this question—which traditionally has been framed in environmental terms—is revolutionizing the way we do business. In Nature's Fortune, Mark Tercek, CEO of The Nature Conservancy and former investment banker, and science writer Jonathan Adams argue that nature is not only the foundation of human well-being, but also the smartest commercial investment any business or government can make. The forests, floodplains, and oyster reefs often seen simply as raw materials or as obstacles to be cleared in the name of progress are, instead, as important to our future prosperity as technology or law or business innovation. Who invests in nature, and why? What rates of return can it produce? When is protecting nature a good investment? With stories from the South Pacific to the California coast, from the Andes to the Gulf of Mexico and even to New York City, Nature's Fortune shows how viewing nature as green infrastructure allows for breakthroughs not only in conservation—protecting water supplies; enhancing the health of fisheries; making cities more sustainable, livable and safe; and dealing with unavoidable climate change—but in economic progress, as well. Organizations obviously depend on the environment for key resources—water, trees, and land. But they can also reap substantial commercial benefits in the form of risk mitigation, cost reduction, new investment opportunities, and the protection of assets. Once leaders learn how to account for nature in financial terms, they can incorporate that value into the organization's decisions and activities, just as habitually as they consider cost, revenue, and ROI. Such a rethinking of “natural capital”—nature as a quantifiable asset—can not only increase profitability, but provide crucial protection against the kinds of climate change-driven phenomena—like devastating drought and hundred-year floods—that are no longer the stuff of speculation. A must-read for business leaders, CEOs, investors, and environmentalists alike, Nature's Fortune offers an essential guide to the world's economic—and environmental—well-being.
| Author | : Eric Neumayer |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 289 |
| Release | : 2010-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1849805431 |
This third edition of an enduring and popular book has been fully updated and revised, exploring the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain that such substitutability is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. The author examines the availability of natural resources for the production of consumption goods and the environmental consequences of economic growth. He identifies the critical forms of natural capital in need of preservation given risk, uncertainty and ignorance about the future and opportunity costs of preservation. He goes on to provide a critical discussion of measures of sustainability. Indicators of weak sustainability such as Genuine Savings and the Index of Sustainable Economic Welfare also known as the Genuine Progress Indicator are analysed, as are indicators of strong sustainability, including ecological footprints, material flows and sustainability gaps. This book will prove essential reading for students, scholars and policymakers with an interest in ecological and environmental economics and sustainable development.
| Author | : David Pearce |
| Publisher | : Routledge |
| Total Pages | : 187 |
| Release | : 2013-11-05 |
| Genre | : Business & Economics |
| ISBN | : 1134165226 |
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.
| Author | : National Research Council |
| Publisher | : National Academies Press |
| Total Pages | : 262 |
| Release | : 1999-06-28 |
| Genre | : Political Science |
| ISBN | : 0309173388 |
In order to really see the forest, what's the best way to count the trees? Understanding how the economy interacts with the environment has important implications for policy, regulatory, and business decisions. How should our national economic accounts recognize the increasing interest in and importance of the environment? Nature's Numbers responds to concerns about how the United States should make these measurements. The book recommends how to incorporate environmental and other non-market measures into the nation's income and product accounts. The panel explores alternative approaches to environmental accounting, including those used in other countries, and addresses thorny issues such as how to measure the stocks of natural resources and how to value non-market activities and assets. Specific applications to subsoil minerals, forests, and clean air show how the general principles can be applied. The analysis and insights provided in this book will be of interest to economists, policymakers, environmental advocates, economics faculty, businesses based on natural resources, and managers concerned with the role of the environment in our economic affairs.
