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
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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
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Journal ArticleDOI
Prosperity without growth : economics for a finite planet
TL;DR: The Age of Irresponsibility, the Dilemma of growth, the Myth of Decoupling, the Iron Cage of Consumerism, and the Green New Deal as mentioned in this paper.
Journal ArticleDOI
Modeling multiple ecosystem services, biodiversity conservation, commodity production, and tradeoffs at landscape scales
Erik J. Nelson,Guillermo Mendoza,James Regetz,Stephen Polasky,Heather Tallis,DRichard Cameron,Kai M. A. Chan,Gretchen C. Daily,Joshua H. Goldstein,Peter Kareiva,Eric V. Lonsdorf,Robin Naidoo,Taylor H. Ricketts,MRebecca Shaw +13 more
TL;DR: In this paper, the authors use a spatially explicit modeling tool, integrated valuation of ecosystem services and tradeoffs (InVEST), to predict changes in ecosystem services, biodiversity conservation, and commodity production levels.
Journal ArticleDOI
Understanding relationships among multiple ecosystem services.
TL;DR: A typology of relationships between ecosystem services based on the role of drivers and the interactions between services is proposed to help drive ecological science towards a better understanding of the relationships among multiple ecosystem services.
Journal ArticleDOI
Global estimates of the value of ecosystems and their services in monetary units
Rudolf de Groot,Luke Brander,Sander van der Ploeg,Robert Costanza,Florence Bernard,Leon Braat,Michael Christie,Neville D. Crossman,Andrea Ghermandi,Lars Hein,Salman Hussain,Pushpam Kumar,Alistair McVittie,Rosimeiry Portela,Luis C. Rodriguez,Patrick ten Brink,Pieter van Beukering +16 more
TL;DR: In this paper, the authors presented an overview of the value of ecosystem services of 10 main biomes expressed in monetary units and showed that most of this value is outside the market and best considered as nontradable public benefits.
Journal ArticleDOI
Riverine flood plains: present state and future trends
Klement Tockner,Jack A. Stanford +1 more
TL;DR: The most threatened flood plains will be those in south-east Asia, Sahelian Africa and North America as mentioned in this paper, and the most threatened areas are the flood plains in south east Asia, sub-Saharan Africa, and south west Africa.
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.