Journal ArticleDOI
The value of the world's ecosystem services and natural capital
Robert Costanza,Rudolf de Groot,Stephen Farberk,Monica Grasso,Bruce Hannon,Karin E. Limburg,Shahid Naeem,José M. Paruelo,Robert Raskin,Paul Suttonkk,Marjan van den Belt +10 more
TLDR
In this paper, the authors have estimated the current economic value of 17 ecosystem services for 16 biomes, based on published studies and a few original calculations, for the entire biosphere, the value (most of which is outside the market) is estimated to be in the range of US$16-54 trillion (10^(12)) per year, with an average of US $33 trillion per year.Abstract:
The services of ecological systems and the natural capital stocks that produce them are critical to the functioning of the Earth's life-support system. They contribute to human welfare, both directly and indirectly, and therefore represent part of the total economic value of the planet. We have estimated the current economic value of 17 ecosystem services for 16 biomes, based on published studies and a few original calculations. For the entire biosphere, the value (most of which is outside the market) is estimated to be in the range of US$16-54 trillion (10^(12)) per year, with an average of US$33 trillion per year. Because of the nature of the uncertainties, this must be considered a minimum estimate. Global gross national product total is around US$18 trillion per year.read more
Citations
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The role of benefit transfer in ecosystem service valuation
TL;DR: In this article, the authors describe the use of benefit transfer to generate monetary value estimates of ecosystem services specifically and provide guidance for conducting such benefit transfers and summarizes advancements in benefit transfer methods, databases and analysis tools designed to facilitate its application.
Journal ArticleDOI
Biodiversity loss and ecosystem functioning: distinguishing between number and identity of species
TL;DR: There was no relationship between ecosystem functioning and diversity per se, but that different species had idiosyncratic effects, and this appears to be a common feature of intertidal systems, which often contain strongly interacting species.
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Links between humans and seagrasses—an example from tropical East Africa
TL;DR: Through in-depth and semi-structured interviews, questionnaires, market data analysis and participant observation, a diversity of social–ecological links are found that are important for the welfare of the local population.
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Impact of an introduced Crustacean on the trophic webs of Mediterranean wetlands
TL;DR: Despite the long history of its presence, the complex interactions it established within the invaded ecosystems and the socio-economic benefits it provides to humans, prevention and control seem the most promising management measures to reduce the negative impact of this crayfish species.
Journal ArticleDOI
Interaction between flow, transport and vegetation spatial structure
TL;DR: In this article, the relative contribution of turbulent stress and canopy drag to the momentum balance of sparse and dense submerged canopies is defined based on the relative contributions of turbulent stresses and canopy drags.
References
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Book
Using surveys to value public goods : the contingent valuation method
TL;DR: Mitchell and Carson as discussed by the authors argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods, an approach likely to succeed, if used carefully, where other methods may fail.
Journal ArticleDOI
Nature's services: societal dependence on natural ecosystems.
TL;DR: Nature's Services brings together world-renowned scientists from a variety of disciplines to examine the character and value of ecosystem services, the damage that has been done to them, and the consequent implications for human society.
Book
For The Common Good: Redirecting The Economy Towards Community, The Environment And A Sustainable Future
TL;DR: In this article, the authors argue that the scale of human activity in the biosphere has grown too large and that change is needed in the approach to economic activity: "correction and expansion a more empirical and historical attitude less pretense on being science and willingness to subordinate the market to purposes that it is not geared to determine."
Journal ArticleDOI
Primary production required to sustain global fisheries
Daniel Pauly,Villy Christensen +1 more
TL;DR: In this paper, the mean of reported annual world fisheries catches for 1988-1991 (94.3 million t) was split into 39 species groups, to which fractional trophic levels, ranging from 1.0 (edible algae) to 4.2 (tunas), were assigned, based on 48 published Trophic models, providing a global coverage of six major aquatic ecosystem types.
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Natural Capital and Sustainable Development
Robert Costanza,Herman E. Daly +1 more
TL;DR: In this paper, a minimum necessary condition for sustainability is the maintenance of the total natural capital stock at or above the current level, to be relaxed only when solid evidence can be offered that it is safe to do so.