Valuing Ecosystem Services

Valuing Ecosystem Services
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.

The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations

The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations
Author: Pushpam Kumar
Publisher: Routledge
Total Pages: 455
Release: 2012-12-20
Genre: Business & Economics
ISBN: 1136538798

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.

The Economics of Biodiversity Conservation

The Economics of Biodiversity Conservation
Author: K. N. Ninan
Publisher: Earthscan
Total Pages: 289
Release: 2012
Genre: Business & Economics
ISBN: 1849772975

Economic valuation of biodiversity and ecosystem services is possibly the most powerful tool for halting the loss of biodiversity while maintaining incomes and livelihoods. Yet rarely have such approaches been applied to tropical forest ?hotspots?, which house the vast majority of the planets plant and animal species. This ground-breaking work is the most comprehensive and detailed examination of the economics of environmental valuation and biodiversity conservation to date. Focusing on the Western Ghats of India, one of the top biodiversity hotspots in the world, this volume looks at a cross-section of local communities living within or near sanctuaries and reserve forests such as coffee growers, indigenous people and farmers-cum-pastoralists to assess the use and non-use values that people derive from tropical forests. It also looks at the extent of their dependence on forests for various goods and services, and examines their perceptions and attitudes towards biodiversity conservation and wildlife protection. The book concludes with an assessment of the institutional alternatives and policies for promoting biodiversity conservation through economic valuation methods. Related titles Economics for Collaborative Environmental Management (2005) 1-84407-095-6

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

The Economics of Ecosystems and Biodiversity in National and International Policy Making
Author: Patrick ten Brink
Publisher: Routledge
Total Pages: 530
Release: 2012-09-10
Genre: Business & Economics
ISBN: 1136538720

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.

Perspectives on Biodiversity

Perspectives on Biodiversity
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.

Valuing Ecosystem Services

Valuing Ecosystem Services
Author: K N Ninan
Publisher: Edward Elgar Publishing
Total Pages: 460
Release: 2014-08-29
Genre: Nature
ISBN: 1781955166

This thought provoking book draws together prominent international authorities to discuss the key methodological issues and challenges in valuing ecosystem services. Covering a cross-section of ecosystems and services in different sites, countries and

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill
Author: National Research Council
Publisher: National Academies Press
Total Pages: 162
Release: 2012-03-17
Genre: Science
ISBN: 0309211794

On April 20, 2010, the Deepwater Horizon platform drilling the Macondo well in Mississippi Canyon Block 252 (DWH) exploded, killing 11 workers and injuring another 17. The DWH oil spill resulted in nearly 5 million barrels (approximately 200 million gallons) of crude oil spilling into the Gulf of Mexico (GoM). The full impacts of the spill on the GoM and the people who live and work there are unknown but expected to be considerable, and will be expressed over years to decades. In the short term, up to 80,000 square miles of the U.S. Exclusive Economic Zone (EEZ) were closed to fishing, resulting in loss of food, jobs and recreation. The DWH oil spill immediately triggered a process under the U.S. Oil Pollution Act of 1990 (OPA) to determine the extent and severity of the "injury" (defined as an observable or measurable adverse change in a natural resource or impairment of a natural resource service) to the public trust, known as the Natural Resources Damage Assessment (NRDA). The assessment, undertaken by the trustees (designated technical experts who act on behalf of the public and who are tasked with assessing the nature and extent of site-related contamination and impacts), requires: (1) quantifying the extent of damage; (2) developing, implementing, and monitoring restoration plans; and (3) seeking compensation for the costs of assessment and restoration from those deemed responsible for the injury. This interim report provides options for expanding the current effort to include the analysis of ecosystem services to help address the unprecedented scale of this spill in U.S. waters and the challenges it presents to those charged with undertaking the damage assessment.

Wetlands Conservation

Wetlands Conservation
Author: Sanjeev Sharma
Publisher: John Wiley & Sons
Total Pages: 324
Release: 2021-09-27
Genre: Science
ISBN: 1119692687

Wetlands Conservation An up-to-date overview of approaches for addressing wetlands degradation and its effects on ecosystem services, human health, and other ecosystems Wetlands are essential sources of biodiversity, water purification, groundwater replenishment, flood control, storm protection, sediment retention, recreation and tourism, and more. Human exploitation of natural resources over the past 200 years has caused significant wetlands degradation and loss. Although the Ramsar Convention of 1971 drafted polices for wetland conservation and responsible use, many wetland sites remain inadequately conserved or managed. Maintaining the ecological balance and equilibrium of wetlands requires a clear understanding of the vital role of wetlands, the difficulties they face, and the policies enacted for their protection. Wetlands Conservation: Current Challenges and Future Strategies summarizes both current and emerging management strategies, trends, and policies regarding wetlands protection around the world. The authors provide accurate scientific information on wetlands while discussing the effects of climate change, global warming, modernization in agriculture, and other key topics. Designed to assist in the development of future solutions for wetlands conservation and management strategies, this important volume: Highlights the environmental, socioeconomic, and cultural importance of wetlands Identifies the factors responsible for the failure of many conservation initiatives Describes the natural and anthropogenic factors of wetlands degradation Discusses the role of community-based wetlands conservation and management Explores Ramsar wetlands conservation and its impacts worldwide Wetlands Conservation: Current Challenges and Future Strategies is an invaluable resource for graduate and postgraduate students, researchers, ecologists, policymakers, conservation organizations, and others working in the field of natural resources management.

The Economic Value of Biodiversity

The Economic Value of Biodiversity
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.