scispace - formally typeset
Journal ArticleDOI

The value of the world's ecosystem services and natural capital

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
More filters
Journal ArticleDOI

From nature-dominated to human-dominated environmental changes

TL;DR: In this article, it becomes more and more evident that major natural processes from the local to the global level are influenced by human activities, creating a much higher degree of complexity through the interaction of processes which are within the domain of both the natural and social sciences.
Journal ArticleDOI

Recognising the necessity for Indo-Pacific seagrass conservation

TL;DR: In this paper, the authors argue the value of a different paradigm to the current consensus on marine conservation priorities within the Indo-Pacific that places seagrass conservation as a priority.
Journal ArticleDOI

Remote sensing of ecosystem services:a systematic review

TL;DR: This systematic review aims to identify, evaluate and synthesise the evidence provided in published peer reviewed studies framing their work in the context of spatially explicit remote sensing assessment and valuation of ecosystem services, and quantitatively present the growth of remote sensing applications in ecosystem services’ research.
Journal ArticleDOI

Marine diversity: the paradigms in patterns of species richness examined*

TL;DR: Assessment is urgently needed of the spatial scales and dynamics of species richness from point samples to assemblages, habitats and landscapes, especially in coastal areas and in the tropics, where the threats to biodiversity are greatest.
Journal ArticleDOI

A review of environmental droughts: Increased risk under global warming?

TL;DR: In this paper, a review of current drought effects on environmental systems is presented, which stresses the need for considering environmental drought as a relevant type to be included in drought classifications.
References
More filters
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.

Gretchen C. Daily
- 23 Jan 1998 - 
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

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.
Journal ArticleDOI

Natural Capital and Sustainable Development

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.
Related Papers (5)