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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.

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Journal ArticleDOI

How to value biodiversity in environmental management

TL;DR: In this article, the authors take a decision-analytic stand and discuss the alternative aspects of biodiversity valuation by dividing them into three categories: socio-cultural, economic, and ecological indicator approaches.
Journal ArticleDOI

Fishing disturbance and marine biodiversity : role of habitat structure in simple soft-sediment systems

TL;DR: This result suggests that removal of habitat structure in relatively low-structure soft-sediment systems will significantly decrease their biodiversity, and consequently that of the wider marine ecosystem.
Journal ArticleDOI

Environmental vulnerability indicators for environmental planning and decision-making: guidelines and applications.

TL;DR: In this article, the authors discuss models and theoretical frameworks for obtaining an approximate, standardizable vulnerability indicator of minimal subjectivity and maximum generality, and discuss issues of empirical testing and comparability between indicators developed for different environments.
Journal ArticleDOI

Visualization, modelling and prediction in soil microbiology

TL;DR: The need for the convergence of the experimental and theoretical approaches that are used to characterize and model the development of microbial communities in soils is advocated.
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.

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.
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