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...
Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems...
A fundamental and comprehensive reformulation of how we value nature and the services it provides as the basis on which all economic activity depends.
A fundamental and comprehensive reformulation of how we value nature and the services it provides as the basis on which all economic activity depends....
Using a selection of authoritative and original contributions, this timely book explores the uncertainty surrounding the impact of decisions undertaken to manage ecosystem services worldwide. Invariably, the policies designed and implemented to manage forests, wetlands, and marine and coastal environments often involve conflicts of interest between various stakeholders. This has added an additional layer of complexity in the context of developing countries where institutions and governance are weak or absent. Economic valuation and the subsequent design of innovative response tools such as...
Using a selection of authoritative and original contributions, this timely book explores the uncertainty surrounding the impact of decisions undertake...
