Valuation Of Regulating Services Of Ecosystems

Author : Pushpam Kumar,Michael D. Wood
Publisher : Routledge
Page : 224 pages
File Size : 41,8 Mb
Release : 2010-07-13
Category : Business & Economics
ISBN : 9781136942440

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Valuation of Regulating Services of Ecosystems by Pushpam Kumar,Michael D. Wood Pdf

Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems, that is, ecosystem services, may not be fully recognised and hence ecosystem considerations may not be incorporated adequately into decision-making processes. This is particularly true for regulating services, the benefits obtained from the regulation of ecosystem processes, the valuation of which requires an interdisciplinary approach. In essence, valuation is a problem solving strategy and a problem is a problem, it does not respect the boundary of any particular discipline. The valuation of regulating services is an evolving field of ecological economics. In this book, Professor Pushpam Kumar and Professor Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making. The contributors explore the theoretical underpinning of valuation of ecosystem services and demonstrate ways in which these theories can be applied to case-specific problems in order to inform decision-making processes. This collection clarifies some of the doubt and uncertainty regarding the valuation of regulating services. Innovative methodologies in this field have started to emerge and in coming years there may be much further discussion on this topic as methodologies and understanding continue to evolve. This is a highly active area of interdisciplinary research with far reaching social and environmental implications, and this book should be of interest to those who are new to the field, as well as established experts, in moving both theory and practice forward.

Author : Pushpam Kumar,Michael D. Wood
Publisher : Routledge
Page : 224 pages
File Size : 47,9 Mb
Release : 2010-07-13
Category : Business & Economics
ISBN : 0203847601

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Valuation of Regulating Services of Ecosystems by Pushpam Kumar,Michael D. Wood Pdf

Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems, that is, ecosystem services, may not be fully recognised and hence ecosystem considerations may not be incorporated adequately into decision-making processes. This is particularly true for regulating services, the benefits obtained from the regulation of ecosystem processes, the valuation of which requires an interdisciplinary approach. In essence, valuation is a problem solving strategy and a problem is a problem, it does not respect the boundary of any particular discipline. The valuation of regulating services is an evolving field of ecological economics. In this book, Professor Pushpam Kumar and Professor Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making. The contributors explore the theoretical underpinning of valuation of ecosystem services and demonstrate ways in which these theories can be applied to case-specific problems in order to inform decision-making processes. This collection clarifies some of the doubt and uncertainty regarding the valuation of regulating services. Innovative methodologies in this field have started to emerge and in coming years there may be much further discussion on this topic as methodologies and understanding continue to evolve. This is a highly active area of interdisciplinary research with far reaching social and environmental implications, and this book should be of interest to those who are new to the field, as well as established experts, in moving both theory and practice forward.

Author : Unep
Publisher : UNEP/Earthprint
Page : 51 pages
File Size : 52,6 Mb
Release : 2010
Category : Ecosystem services
ISBN : 9280731319

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Guidance Manual for the Valuation of Regulating Services by Unep Pdf

Author : Pratap Bhattacharyya,Priyabrata Santra,Debashis Mandal,Biswajit Mondal
Publisher : Springer Nature
Page : 159 pages
File Size : 54,6 Mb
Release : 2022-10-13
Category : Technology & Engineering
ISBN : 9789811944161

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Pricing of Ecosystem Services in Agriculture: A Basis of Crop Insurance by Pratap Bhattacharyya,Priyabrata Santra,Debashis Mandal,Biswajit Mondal Pdf

The book deals with the pricing of ecosystem services provided by agriculture. All provisioning, regulating, supporting and cultural services are being covered in this title. Chapters in this contributed volume cover topics such as pricing of services from the soil, water, and nutrient management. Quantified monetary values of carbon sequestration and renewable energy applications in agriculture are covered with clear-cut methodologies. This book also links ecosystem service-based pricing with crop insurance. Improving the farmers’ livelihood is the central goal of the agricultural production system throughout the world. Under the climate change context, farms’ produce is now climate-vulnerable and heavily dependent on weather conditions. Moreover, we often neglect the contribution of several positive impacts of agricultural practices on ecosystems and natural resources. Therefore, there is a need to quantify and value these ecosystem services in agriculture. However, valuation and pricing the services in agriculture both tangible and intangible is a challenge. It is necessary to have clear-cut methodologies for pricing ecosystem services of agriculture in terms of net monetary benefits. The ecosystem service-based pricing could be a solid basis for calculating the insurance to farmers in case of occurrence of natural hazard and associated crop damage. This book is of interest to scholars, teachers, researchers, environmental scientists, watershed managers, capacity builders, and policymakers. The book also serves as effective reading material for undergraduate and graduate students of agriculture economics, ecology, agronomy, and environmental sciences. National and international agricultural scientists, policymakers will also find this to be useful.

Author : Inge Liekens,Steven Broekx,Nele Smeets,Jan Staes,Katrien Van der Biest,Marije Schaafsma,Leo De Nocker,Patrick Meire,Tanya Cerulus
Publisher : Elsevier Inc. Chapters
Page : 456 pages
File Size : 45,7 Mb
Release : 2013-10-11
Category : Nature
ISBN : 9780128074343

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Ecosystem Services by Inge Liekens,Steven Broekx,Nele Smeets,Jan Staes,Katrien Van der Biest,Marije Schaafsma,Leo De Nocker,Patrick Meire,Tanya Cerulus Pdf

Although methodologies for classification, quantification, and valuation of ecosystem services are improving drastically, applications of the ecosystem services concept in day-to-day decision-making processes remain limited, especially at the planning level. Nevertheless, spatial planning decisions would benefit from systematic considerations of their effects on ecosystem services. Assessing the impacts of policy on a wide range of ecosystem services contributes to more cost-effective policy implementation, establishing win-win situations across different environmental domains. The “nature value explorer” (natuurwaardeverkenner in Dutch) is a web application developed to explore the quantity and value of ecosystem services in Flanders, Belgium, as part of environmental impact assessments. The tool estimates the impact of land-use and land-cover change on regulating and cultural ecosystem services. The web application is successful in drawing the interest of policy makers and is used in several cases to support decisions in infrastructural projects as well as nature restoration projects.

Author : K N Ninan
Publisher : Edward Elgar Publishing
Page : 460 pages
File Size : 52,5 Mb
Release : 2014-08-29
Category : Nature
ISBN : 9781781955161

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Valuing Ecosystem Services by K N Ninan Pdf

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

Author : G. M. Heal
Publisher : Unknown
Page : 232 pages
File Size : 42,7 Mb
Release : 2000-10
Category : Business & Economics
ISBN : UOM:39015049619433

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Nature and the Marketplace by G. M. Heal Pdf

In recent years, scientists have begun to focus on the idea that healthy, functioning ecosystems provide essential services to human populations, ranging from water purification to food and medicine to climate regulation. Lacking a healthy environment, these services would have to be provided through mechanical means, at a tremendous economic and social cost. Nature and the Marketplace examines the controversial proposition that markets should be designed to capture the value of those services. Written by an economist with a background in business, it evaluates the real prospects for various of nature's marketable services to “turn profits” at levels that exceed the profits expected from alternative, ecologically destructive, business activities. The author: describes the infrastructure that natural systems provide, how we depend on it, and how we are affecting it explains the market mechanism and how it can lead to more efficient resource use looks at key economic activities -- such as ecotourism, bioprospecting, and carbon sequestration -- where market forces can provide incentives for conservation examines policy options other than the market, such as pollution credits and mitigation banking considers the issue of sustainability and equity between generations . Nature and the Marketplace presents an accessible introduction to the concept of ecosystem services and the economics of the environment. It offers a clear assessment of how market approaches can be used to protect the environment, and illustrates that with a number of cases in which the value of ecosystems has actually been captured by markets. The book offers a straightforward business economic analysis of conservation issues, eschewing romantic notions about ecosystem preservation in favor of real-world economic solutions. It will be an eye-opening work for professionals, students, and scholars in conservation biology, ecology, environmental economics, environmental policy, and related fields.

Author : J. B. Ruhl,Steven E. Kraft,Christopher L. Lant
Publisher : Island Press
Page : 360 pages
File Size : 40,5 Mb
Release : 2013-03-19
Category : Law
ISBN : 1597267694

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The Law and Policy of Ecosystem Services by J. B. Ruhl,Steven E. Kraft,Christopher L. Lant Pdf

The Law and Policy of Ecosystem Services is the first comprehensive exploration of the status and future of natural capital and ecosystem services in American law and policy. The book develops a framework for thinking about ecosystem services across their ecologic, geographic, economic, social, and legal dimensions and evaluates the prospects of crafting a legal infrastructure that can help build an ecosystem service economy that is as robust as existing economies for manufactured goods, natural resource commodities, and human-provided services. The book examines the geographic, ecological, and economic context of ecosystem services and provides a baseline of the current status of ecosystem services in law and society. It identifies shortcomings of current law and policy and the critical areas for improvement and forges an approach for the design of new law and policy for ecosystem services. Included are a series of nine empirical case studies that explore the problems caused by society’s failure to properly value natural capital. Among the case study topics considered are water issues, The Conservation Reserve Program, the National Conservation Buffer Initiative, the agricultural policy of the European Union, wetland mitigation, and pollution trading. The Law and Policy of Ecosystem Services is a groundbreaking look at the question of whether and how law and policy can shape a sustainable system of ecosystem service management. It is an accessible and informative work for faculty, students, and policy makers concerned with ecology, economics, geography, political science, environmental studies, law, and related fields.

Author : National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems
Publisher : National Academies Press
Page : 291 pages
File Size : 42,9 Mb
Release : 2005-05-14
Category : Science
ISBN : 9780309093187

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Valuing Ecosystem Services by National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems Pdf

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 : Stavros Georgiou,R. Kerry Turner
Publisher : Routledge
Page : 240 pages
File Size : 55,7 Mb
Release : 2012-05-04
Category : Business & Economics
ISBN : 9781136549168

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Valuing Ecosystem Services by Stavros Georgiou,R. Kerry Turner Pdf

Ecosystem services can be broadly defined as the aspects of ecosystems that provide benefits to people. This book provides guidance on the valuation of ecosystem services, using the case of multifunctional wetlands to illustrate and make recommendations regarding the methods and techniques that can be applied to appraise management options. It provides a review of ecosystem service valuation rationale, including its importance from both a policy and project appraisal perspective, and a useful reference when considering policy and appraisal of ecosystem management options. It shows how legal obligations and other high-level management targets should be taken into account in valuation exercises, thus giving important policy context to the management options. The authors set out what they call an Ecosystem Services Approach to the full appraisal of the role of ecosystem services in the economy and society. Although concentrating on wetlands, the approaches suggested provide an assessment framework that can be applied to other types of ecosystem assets.

Author : Nicolas Dendoncker,Hans Keune,Sander Jacobs,Erik Gómez-Baggethun
Publisher : Elsevier Inc. Chapters
Page : 456 pages
File Size : 50,8 Mb
Release : 2013-10-11
Category : Nature
ISBN : 9780128074169

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Ecosystem Services by Nicolas Dendoncker,Hans Keune,Sander Jacobs,Erik Gómez-Baggethun Pdf

This chapter discusses the concept of ecosystem services valuation. It argues that beyond monetary valuation, ES valuation should also take into account ecological and social values. Valuation should be geared toward strong sustainability in order to improve the well-being of every individual and society, now and in the future. Following a systemic approach, bundles of ES should be valued together. When systems are far from critical thresholds, valuing changes through various alternatives is appropriate. Deliberative multicriteria decision tools could be appropriate to collectively value ES. However, when systems are close to thresholds or tipping points, ecosystem service valuation will need to switch from choosing among resources or alternatives to valuing the avoidance of catastrophic ecosystem change. Finally, it is important to remember that valuation is merely a tool and not a solution in itself. When one is valuing for sustainability, the questions of politics, governance, and institutions cannot be ignored.

Author : Pushpam Kumar
Publisher : Taylor & Francis
Page : 454 pages
File Size : 50,9 Mb
Release : 2012-12-20
Category : Business & Economics
ISBN : 9781136538803

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

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.

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
Page : 220 pages
File Size : 41,6 Mb
Release : 2019-02-28
Category : Technology & Engineering
ISBN : 9789251312155

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Valuing forest ecosystem services: a training manual for planners and project developers by Food and Agriculture Organization of the United Nations Pdf

The degradation of ecosystems, including forests, and the associated loss of biodiversity, particularly due to human-induced threats and climate change, has gained increased attention from scientists and policymakers. The Millennium Ecosystem Assessment presented a new conceptual framework that puts ecosystem services at the centre and links human well-being to the impacts on ecosystems of changes in natural resources. The Economics of Ecosystems and Biodiversity initiative drew further attention to the economic benefits of conserving ecosystems and biodiversity, supporting the idea that economic instruments – if appropriately applied, developed and interpreted – can inform policy- and decision-making processes. Only a few ecosystem services, however, have explicit market value and are traded in open markets: many – especially those categorized as having “passive-use” value – remain invisible and are rarely accounted for in traditional economic systems. The failure to appropriately consider the full economic value of ecosystem services in decision making enables the continued degradation and loss of ecosystems and biodiversity. Most ecosystem services are considered public goods and tend to be overexploited by society. Many methods have been applied to the economic valuation of ecosystem services. The use of these methods, as well as the interpretation of their results, requires familiarity with the ecological, political, normative and socio-economic context and the science of economics. Recognizing, demonstrating and capturing the value of ecosystem services can play an important role in setting policy directions for ecosystem management and conservation and thus in increasing the provision of ecosystem services and their contributions to human well-being. The aim of this manual is to enhance understanding of ecosystem services and their valuation. The specific target group comprises governmental officers in planning units and field-level officers and practitioners in key government departments in Bangladesh responsible for project development, including the Ministry of Environment and Forests and its agencies. Most of the examples and case studies presented herein, therefore, are tailored to the Bangladesh context, but the general concepts, approaches and methods can be applied to a broad spectrum of situations. This manual focuses on valuing forest-related ecosystem services, including those provided by trees outside forests. It is expected to improve valuation efforts and help ensure the better use of such values in policymaking and decision making. Among other things, the manual explores the basics of financial mathematics (e.g. the time value of money; discounting; cost–benefit analysis; and profitability and risk indicators); the main methods of economic valuation; examples of the valuation of selected ecosystem services; and inputs for considering values in decision making.

Author : Roel Slootweg
Publisher : Cambridge University Press
Page : 456 pages
File Size : 41,5 Mb
Release : 2010
Category : Law
ISBN : 9780521888417

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Biodiversity in Environmental Assessment by Roel Slootweg Pdf

First of its kind and unique in its blend of theoretical and practical approaches for mainstreaming biodiversity in impact assessment.

Author : K. N. Ninan
Publisher : Earthscan
Page : 433 pages
File Size : 48,7 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781849770859

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Conserving and Valuing Ecosystem Services and Biodiversity by K. N. Ninan Pdf

'Should be essential reading for all those who wish to realize truly sustainable development in this new millennium.' From the foreword by Achim Steiner UN Under-Secretary General and Executive Director United Nations Environment Programme 'Fills a much needed gap in the literature ... The chapters include contributions by leading academics and policy experts which make for one of the most authoritative books in this field.' Andreas Kontoleon University Lecturer and Director of MPhil in Environmental Policy University of Cambridge This is the most comprehensive book to address the economic soci.