The value of the world's ecosystem services and natural capital
Cites background or methods from "The value of the world's ecosystem ..."
...Based on a synthesis-study by Costanza et al. (1997), using over 100 literature studies, Table 2 gives an overview of the link between these valuation methods and the 23 functions described in this paper....
...1) Dollar values are based on Costanza et al., (1997) and apply to different ecosystems (eg....
...Use of nature for scientific researchvalue Adapted from Costanza et al. (1997), De Groot (1992), De Groot et al. (2000). tributed to a certain ecosystem type are excluded, e.g. wind and solar-energy....
...Based on a synthesis study by Costanza et al. (1997), using over 100 literature studies, Table 2 gives an overview of the link between these valuation methods and the 23 functions described in this paper....
...Aesthetic information can have considerable economic importance, for example, through the influence on real estate prices: houses near national parks or with a nice ocean view are usually much more expensive than similar houses in less favored areas (Costanza et al., 1997)....
"The value of the world's ecosystem ..." refers background in this paper
...(9) We have not incorporated the ‘infrastructure’ value of ecosystems, as noted above, leading to an underestimation of the total value....
...(7) To avoid double counting, a general equilibrium framework that could directly incorporate the interdependence between ecosystem functions and services would be preferred to the partial equilibrium framework used in this study (see below)....
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