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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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Citations
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Journal ArticleDOI

Effects of climate change on global seaweed communities

TL;DR: The ways in which changes in the environment directly affect seaweeds in terms of their physiology, growth, reproduction, and survival are described, and the extent to which seaweed species may be able to respond to these changes via adaptation or migration is considered.
Journal ArticleDOI

Resistance and Resilience to Coral Bleaching: Implications for Coral Reef Conservation and Management

TL;DR: In this paper, the authors identify likely environmental correlates of resistance and resilience to coral bleaching, including factors that reduce temperature stress, enhance water movement, decrease light stress, correlate with physiological tolerance, and provide physical or biological enhancement of recovery potential.
Book Chapter

Economic analysis for ecosystem service assessments

TL;DR: In this paper, the authors consider a single period during which ecological stocks are maintained at sustainable levels, and discuss the treatment of future costs and benefits, with a particular focus upon stocks which exhibit thresholds below which restoration is compromised.
MonographDOI

Biodiversity, Ecosystem Functioning, and Human Wellbeing: An Ecological and Economic Perspective

TL;DR: In an age of accelerating biodiversity loss, this timely and critical volume summarizes recent advances in biodiversity-ecosystem functioning research and explores the economics of biodiversity and ecosystem services.
Journal ArticleDOI

Ecological resilience in urban ecosystems: Linking urban patterns to human and ecological functions

TL;DR: In this article, the authors propose a conceptual model and a set of hypotheses that explicitly link urban pattern to human and ecosystem functions in urban ecosystems, based on preliminary results from an empirical study of the relationships between urban pattern and bird and aquatic macroinvertebrate diversity in the Puget Sound region.
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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